CBL - Initiating A Loan Payment - Web Loan – Figure Markets

This content is for informational purposes only and does not constitute financial advice.

To make a payment on your loan via the web dashboard, please follow these steps:

Part 1: Navigate to the Payment Portal

Log In: Access your account dashboard at Figure.com.
Select the Loan: Locate the specific loan you wish to manage and click on Details.
Initiate Payment: Scroll down the loan terms screen and click the Make a Payment button.
On the Manage your payments screen, locate the box labeled One-Time Payment and click Continue.

(Please note: Domestic loans support ACH, USDC, Wire Transfers and collateral. International loans currently only support USDC and collateral payments.)

Part 2: Choose Your Payment Method

Option A: Pay via ACH (Domestic Only)

Locate the ACH box and click Continue.
Select an existing linked bank account or choose to add a new one, then click Continue.
Enter your desired payment amount and click Continue. (For your convenience, your regular monthly payment amount and next due date will be displayed below).
Review & Submit: On the confirmation screen, review your payment amount, scheduled date, and the designated loan. You must review and check off the required disclosures to proceed. If you need to adjust the payment, click Edit Amount. Otherwise, click Submit Payment to finalize.

Option B: Pay via USDC

Locate the USDC box and click Continue.
You will be provided with a unique USDC Deposit Address associated with your loan. (Your monthly payment amount and next due date will be displayed above for your reference). Copy this address and click Continue.
Initiate the Transfer: Open your external digital wallet, paste the copied address as your destination, and send your funds to complete the payment.
Please note: We currently only accept USDC transfers via the Ethereum (ERC-20) network.

Option C: Pay via Wire Transfer (Domestic Only)

Locate the Wire Transfer box and click Continue.
Review and copy the Wire Instructions associated with your loan, then click Continue.
Important: When initiating the wire with your bank, please ensure you include your Name and Loan ID in the wire notes/memo to allow for proper processing."

Option D: Pay with Collateral

Locate the Crypto Payment box and click Continue.
Enter your desired payment amount and click Continue. Note: A partial payment or balance payoff can be paid with collateral.
- You may utilize your available collateral to satisfy either a partial payment or a full balance payoff.
Review & Submit: On the confirmation screen, review your payment amount, scheduled date, the designated loan as well as the current exchange rate for the collateral asset. You must review and check off the required disclosures to proceed. If you need to adjust the payment, click Back to account. Otherwise, click Submit Payment to finalize.
Please note: Liquidation fees vary by state, please refer to your executed loan agreement for specific information related to liquidation fees. How To Access Your Loan Documents

ACH Payment

USDC Payment

Wire Transfer

Pay with Collateral

Figure Lending LLC dba Figure 5200 77 Center Drive, Suite 400, Charlotte, NC 28217 819-6388. NMLS ID 1717824. For licensing information go to www.nmlsconsumeraccess.org

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Equal Opportunity Lender For general customer support, call (888) 819-6388 Monday - Friday, 6am - 9pm PT, Saturday - Sunday, 6am - 5pm PT (excluding holidays).

Equal Housing Opportunity

This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

Digital currency is not legal tender, is not backed by the government, and BIA accounts are not subject to FDIC or SIPC protections.

Availability:
Crypto loans are offered to U.S. borrowers by Figure Lending LLC. This product is not available to U.S. residents of DC, ID, IL, KY, MD, MS, SD, TX, VT, or VA.
Crypto loans are offered through Figure Markets Credit LLC to residents of the state of New York and to international customers except in the following jurisdictions: Crimea (Ukraine), Donetsk (Ukraine), Luhansk (Ukraine), Afghanistan, Albania, Belarus, Central African Republic, Congo (the Democratic Republic), Cuba, Ethiopia, Haiti, Iran (Islamic Republic of), Iraq, Lebanon, Libya, Mali, Myanmar (Burma), Nicaragua, Nigeria, North Korea (Democratic People's Republic of), Pakistan, Palestine (State of), Russia, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen, or Zimbabwe.

Lender & Licensing:
Figure Markets Credit LLC. 650 S. Tryon Street, 8th Floor, Charlotte, NC 28202. (888) 926-6259. NMLS ID 2559612. For licensing information, go to www.nmlsconsumeraccess.org

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Investing in cryptocurrencies involves significant risks. Cryptocurrency trading is not available in NY. Please click here for risk disclosures on investing and trading in cryptocurrencies.

Figure Payments Corporation offers self-directed investors and traders cryptocurrency services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. Figure Payments Corporation's NMLS ID number is 2033432, and is located at 100 West Liberty Street, Suite 600, Reno, NV., 89501. You can verify Figure Payments licensing status at the NMLS Consumer Access website. Click here for Figure Crypto's state license and regulatory disclosures.

Crypto Loans starts at a minimum of $5,000, subject to state and jurisdiction-specific legal limitations. Your loan amount will ultimately depend on the amount of collateral in your account and your eligibility will be determined by your state or jurisdiction of residence, credit profile, and other personal information available at the time of your application.

¹General minimum and maximum loan amounts may vary subject to state-specific legal limitations.

²Repayment Period (Minimum-Maximum): 12 months
Maximum APR: 12.62% APR (APR includes interest plus applicable fees such as the 1% origination fee). Available interest rates for Figure's Crypto-Backed Loan are 8.91% (9.999% APR) at 50% LTV or 11.50% (12.62% APR) up to 75%.
Representative Example (Total Cost): As an example, a borrower receives a Crypto Backed Loan at 50% LTV of $10,000 for a term of 12 months, with an interest rate of 8.91% and a 1% origination fee of $100, for an APR of 9.999%. In this example, the borrower will receive $10,000 and will make 12 monthly payments of $74.25. Rates will be higher for applications secured by assets with a higher LTV ratio. The Figure Crypto-Backed Loan has a 12 month interest-only repayment term and allows for a maximum initial LTV ratio of 75%. Interest rates change frequently so your exact interest rate will depend on the date you apply and may depend on many factors such as LTV ratio.

³Obtaining a crypto-backed loan generally does not trigger an upfront taxable event. Tax treatment may vary based on individual circumstances. Consult your tax advisor.

⁴Liquidation protection is only available in CA, NY, FL, PA, AL, AK, GA, HI, MA, UT. Liquidations will still occur if the loan becomes delinquent. More information about liquidation protection can be found here. The Figure Crypto Backed Loan (CBL) allows eligible users to borrow U.S. dollars secured by crypto collateral. The maximum loan-to-value (“LTV”) ratio is 50% at origination.

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