The days of researching private loan quotes firm by firm are not any extra. It’s gotten simpler and simpler to search out your entire loan choices in a single place. Aggregators have popped up left and proper, and now there’s a contest to see who could make the method best.
That’s nice information for debtors!
But which firm actually makes it best to search out quotes for private loans and different monetary merchandise? Today, I wish to make the case for Fiona – an aggregator that allows you to evaluate private loans, credit playing cards, financial savings accounts, and student loan refinancing choices.
Their complete quote course of takes just some seconds, however one of the best half is that you just don’t must pay a dime!
Here’s my full evaluation of Fiona, so you’ll be able to resolve if it’s the suitable aggregator that will help you discover a loan.
What is Fiona?
Fiona is an aggregator that may assist you to discover quotes for private loans and student loan refinances. They also can assist you to discover one of the best credit playing cards on your wants and the proper financial savings account on your price range.
Once you choose one of many decisions Fiona provides you, they’ll assist you to by the appliance course of and, when you’re accepted, you could possibly get the cash in your account straight away (for private loans, in fact).
How does Fiona work?
I’ve to say, I used to be genuinely stunned at how easy Fiona was to make use of. I made a decision to start out out by what private loan charges I may qualify for.
After clicking on the proceed button proven above, I used to be instantly led to the next web page:
To my shock, all my data (minus the loan quantity) was auto-filled and my loan choices appeared straight away!
In the previous, I’ve used Policygenius, which can also be a simple course of, however you’re required to reply far more questions. Compared to them, Fiona was an exquisite expertise!
I checked out a number of completely different loan quantity choices, and most of the really useful loan firms have been the identical, however the rates of interest and fee phrases simply modified barely.
Since this course of was really easy, I made a decision to take a look at credit playing cards and financial savings accounts to see what Fiona may provide you with.
I began with credit playing cards. I used to be led to the web page proven pictured above and located that I used to be in a position to search credit playing cards by card objective or credit score wanted. Or, I may get personalised outcomes.
The personalised outcomes required me to reply just a few fundamental private questions (title, handle, electronic mail handle) so Fiona may customise my outcomes.
Unfortunately, I used to be solely given a few choices to select from, so I went again to the credit card homepage and sorted the checklist by card objective as a substitute.
Next, I moved on to financial savings accounts.
The financial savings accounts quote course of was equally so simple as the private loan quote course of. When I visited the financial savings accounts web page, I used to be given the choice to decide on how a lot I wish to deposit (starting from underneath $1,000 – greater than $5,000). I clicked $1,000 – $5,000 and was led to the next presents (not all are proven):
As you’ll be able to see, Fiona breaks down the accounts by month-to-month charges, minimal steadiness required, APY, and minimal steadiness wanted to succeed in the very best APY.
How a lot does Fiona value?
One of the most important perks of Fiona is the truth that they’re fully free to make use of! And higher but, Fiona received’t do a tough pull in your credit rating, so your rating received’t be affected in any respect. This isn’t all the time true while you apply instantly by a number of lenders to get quotes.
The quote course of takes seconds
I actually anticipated to spend no less than 5 minutes answering a bunch of private inquiries to get quotes, however I used to be comfortable to see that Fiona exhibits your choices after only a easy half-page type.
This rang true for all of the several types of purposes. The credit card web page required just a few extra questions than the private loan quote course of, however solely took me just a few seconds longer to fill it out.
Personal loan choices
Fiona companions with tons of private loan firms to offer you a variety of presents.
I acknowledged loads of the lender choices listed, together with Prosper, SoFi, LendingClub, and Best Egg.
Credit card comparability
Fiona means that you can evaluate credit playing cards in a few alternative ways. If you don’t wish to give your private data, you’ll be able to merely go to their credit card web page and browse by credit score wanted or card objective. This is an ideal answer for conspiracy theorists (like myself) that don’t like having to make use of their private data to get suggestions.
If you do desire a extra personalised expertise, you’ll be able to click on the “Get Started” button beneath “Get matched with personalized credit card offers.” You’ll have to fill out the same old data you give for any sort of credit card utility:
- Date of start.
- Email handle.
After that, you’ll be led to your personalised checklist, just like the one under:
Savings accounts comparability
Fiona kinds their financial savings accounts by asking you the way a lot you’d prefer to deposit. I personally love this.
Many financial savings accounts have completely different APYs relying on the quantity you have got in your account. Fiona takes that into consideration and pushes one of the best financial savings accounts to the highest of your checklist for you.
Student loan refinance quotes
The course of for getting a student loan refinance quote is similar as the private loan course of. All you’ll have to fill out (assuming it’s not auto-filled for you when you’ve got your location companies turned on) is your credit score, your zip code, and the quantity you wish to refinance.
You’ll then be delivered to a web page just like the one under:
From there, you’ll be able to select the lender that you just suppose will work finest, and undergo their utility course of.
Get your TransUnion credit rating
Fiona is aware of that your credit rating is necessary when contemplating any monetary product. That’s why they’ve partnered with TransUnion to give you a have a look at your rating.
When you hit the “Credit Score” button on Fiona’s web site, you’ll be led to the next web page:
From there, you’ll be able to sign-up to get your rating. I opted to not undergo this sign-up course of as a result of I like utilizing Creditwise to trace my rating (I’m a Capital One buyer, so it’s a lot simpler to make use of).
The Learn Portal leads you to a ton of instructional articles which might be featured on their weblog. You can learn articles about credit playing cards, loans, and financial savings accounts. They additionally present a bunch of knowledge on their lending companions so you’ll be able to analysis your entire choices earlier than you resolve to go together with a particular lender.
Fiona makes use of 256-bit encryption to safe your data. They declare that it is a increased safety normal than most banks have. If that’s true, your private data is bound to be protected in Fiona’s fingers.
You can contact Fiona in a lot of methods. They supply a telephone quantity you’ll be able to name in addition to an electronic mail handle for buyer assist. As somebody who has referred to as buyer assist many instances in my life, I admire the truth that Fiona guarantees to get again to you inside 24-48 hours. If you have got an pressing query, your finest guess is to name their hotline.
Finally, you can even use their contact type on the “Contact Us” web page. You’ll fill in your title, electronic mail, and your query or concern.
Who is Fiona finest for?
Those in search of fast quotes
If you need the quickest loan quote expertise on the market, use Fiona. I’ve but to search out an aggregator that may generate quotes sooner than Fiona. Plus, Fiona may even assist make the appliance course of simpler when you’ve chosen a lender.
Those trying to open a brand new financial savings account or credit card
Fiona isn’t only for evaluating private loan quotes. You can evaluate a handful of credit playing cards and financial savings accounts. Fiona makes it straightforward to kind these accounts by your monetary want.
While you’ll have to enter some extra private data to get your personalised credit card choices, the method nonetheless solely takes a minute or two.
Who shouldn’t use Fiona?
The solely time it’s possible you’ll not wish to use Fiona is when you’re in search of loans apart from private loans and student loan refinancing. Unfortunately, Fiona doesn’t supply a quote comparability for mortgage loans or auto loans.