Tired of credit card debt?
Consolidate & save with a Figure HELOC
Put your home’s equity to work — turn multiple debts into one manageable payment!
- Reduce high-interest debt payments by $500–$600 each month with one simple, lower monthly payment*
- Consolidate credit cards, personal loans, auto loans, and more
- Quick funding in as few as 5 days2navigates to numbered disclaimer
Checking your rate will not impact your credit.3navigates to numbered disclaimer
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What is Intellidebt & why you should use a Figure HELOC to pay off high-interest debt
With Intellidebt, our built-in debt payoff tool, you can consolidate high-interest credit cards, personal loans, and more—right within your HELOC application. Simply select which debts to eliminate, and we’ll facilitate direct payment to your creditors. That means fewer bills and lower monthly payments—all in one seamless process.
Join the customers who’ve successfully used their HELOC to pay off high-interest debt!
How Figure stacks up to other kinds of loans
Compare side-by-side to help you make an informed decision about tapping into your home’s equity.
| Figure HELOC | Average Personal Loan* | Traditional Bank HELOC*** | |
|---|---|---|---|
| Tax benefits | Interest may be tax-deductible if used for home improvements** | Not tax deductible | For home improvement (be sure to consult a tax professional) |
| Loan amount | Based on home equity, can be up to $400k5navigates to numbered disclaimer | Varies by lender—typically up to $100k | Varies by lender —typically up to $400k |
| Fund disbursement | Funding in as few as 5 days2navigates to numbered disclaimer | Varies by lender, 1-3 days after approval | 2-6 weeks |
| Application | 100% online, see your rate in minutes | Varies by lender | Varies by lender—may require in-person appraisal |
| Average APR | Lower4navigates to numbered disclaimer | Higher | Variable rates, potentially higher |
- * money.usnews.com/loans/personal-loans/articles/personal-loan-vs-home-equity-loan-which-is-better
- ** Please consult a tax advisor regarding the deductibility of interest and charges to your Figure Home Equity Line.
- *** lendingtree.com/home/home-equity/the-fastest-way-to-tap-your-home-equity/
Simplify high-interest debt with a home equity line — it’s easy to start
Figure HELOC allows you to consolidate your debt using your home’s equity in 3 simple steps:
- 1
Start your Figure HELOC application to get your free rate
No credit impact3navigates to numbered disclaimer
- 2
Choose your debts to consolidate via Intellidebt
You’ll know exactly which debts are covered and how much your monthly payment will change.
- 3
Complete your application in minutes
Consolidate your high-interest debts into one lower monthly payment!
Quick and easy loan all done online!
Getting a loan was all done online easily with money in our account in days! We now have no more credit card debt! Everything is one lower payment we can afford and our house is our only debt now! We can afford to enjoy life again without constant worry!
Written by customer— Amanda G.
The whole process was easy and I got a great rate!
It was a straight forward, guided experience and the result was a great interest rate. The savings in interest and consolidation using the equity in my home saved me over $700 in monthly payments.
Written by customer— Jeremiah
My experience with Figure was so simple
In just a few days the money was deposited into my bank account! I was able to use equity in my home to pay off my credit card debt that had been overwhelming me financially. I was barely able to pay just the interest on my credit card debt. Now I just have one low monthly payment, and my credit card debt is gone!
Written by customer— Jackie
Easy Application Process
I needed to get rid of some credit card debt and Figure gave me the chance to do it, while others would not.
Written by customer— Dennis G.
2999 Excellent Reviews on trust pilot
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