Do I have to pay down the full amount of my Flex Line of Credit each month?
No, you do not have to pay down your entire loan each month. There is a minimum payment requirement you must make on your Flex Line of Credit, similar to a credit card or other revolving credit.Read More
What’s the difference between an Installment Loan vs. Flex Line of Credit?
An Installment Loan provides a large lump sum of cash all at once. Then, it is repaid over weeks or months with scheduled payments. A Flex Line of Credit offers multiple cash advances up to your maximum approved credit limit. This revolving Flex Line of Credit remains open indefinitely for you to use whenever you…Read More
How much money can I borrow?
State laws regulate the maximum Flex Loan amount. These typically range from $50 to $4,000, depending on your state. The Flex Loan you receive is based on your eligibility and ability to repay.Read More
How long does a Flex Line of Credit last?
There is no set term date for a Flex Line of Credit. So long as your account remains current, you will have access to your Flex Line of Credit. Plus, you can borrow more (up to your credit limit) even with an existing balance.Read More
