Fast installment loans can provide you with cash to handle your temporary cash flow problems. Nonetheless, some lenders make you jump through plenty of loops to get your money.
Luckily, this isn’t the case with all lenders. For instance, FlexMoney offers fast installment loans, without hassle. This may seem a bold claim, but we’ll back this up with a few facts. Then you can decide for yourself whether our fast installment loans are a better choice.
Wide Range of Amounts
FlexMoney offer installment loans of between $200 and $2,000. Consequently, you can borrow the precise amount you need, instead of taking on unnecessary debt.
Better Than Payday Loans
Payday loans are readily available and seem to be hassle-free. However, payday loans aren’t a good choice or hassle-free for several reasons.
First, your can borrow much less through a payday loan than an installment loan. In a few states you can borrow $1,000, but generally the maximum amount is around $500, or less.
Second, interest rates on payday loans are some of the highest in the lending industry. According to the Consumer Federation of America, two-week loans including interest and finance charges can have an annual percentage rate of between 390 and 780%.
Third, payday loans are repaid very quickly. However, few people straighten out their finances in that time. Consequently, they either borrow again or default on their loan, which leads to addition fees. Statistics from the Commercial Financial Protection Bureau suggest this occurs for four out of five payday borrowers over a year. Eventually, they become trapped in a never-ending cycle of debt. Clearly, that’s not a hassle-free way to handle your finances.
On the other hand, our fast installment loans offer a 12-month term. You pay set payments and know precisely when you’ll pay off your loan. Our interest rates are also much lower. If you want specific examples, please scroll down to the bottom of our loans page here for repayment charts.
Simple Application Form
FlexMoney’s process is quick and painless, from start to finish. As an example, our application form takes most people less than 15-minutes to complete. That’s because we are only interested in where you stand now. We don’t ask you where you lived, worked, or banked years ago.
That’s certainly not the case with many other lenders. They may claim they offer fast loans, but that’s after you work your way through their difficult process. Just completing their lengthy, detailed application form is already too much hassle.
Additionally, some lenders start the application process online, but then expect your to visit their office later. Once again, that’s a hassle you can do without.
Fortunately, FlexMoney has a 100% online loan process. Apply at your convenience – we accept applications 24/7.
No Proof of Income
This is a very important consideration when you’re looking for a no-hassle loan. Many lenders want you to obtain paper documents to prove how much you earn. Then you must scan and upload these document to their website or send them by email.
Clearly, that makes their fast installment loans a whole lot slower. It is also a great deal of hassle for a relatively small amount of money.
Luckily, FlexMoney offers a full-automated, streamlined process. We verify your income electronically through your bank. This is fast, safe, and hassle-free. There’s no need to dig up old pay stubs, get a letter from your employer, or scan, fax, or upload.
Decision in Minutes
Many people think that installment loans are too slow. While this can be true when you choose the wrong lender, it isn’t the case with FlexMoney.
After you submit your application form, you will receive our decision in minutes. Since we use an artificial intelligence assessment, our systems replies 24/7.
If you’re pre-approved, you will immediately see our terms too. If you decide you don’t want to borrow, no problem. Our application process does not affect your credit score.
Easy to Move Forward
Some lenders are great at approving loans, but the rest of their process is painfully slow. For instance, you may agree with a lender’s terms and then wait days for your contract.
Even more frustrating, some lenders send you the contract for review and then expect you to sign and fax it back to them. Who has time for that?!
Luckily, when you choose FlexMoney we handle everything electronically. Once you accept your loan terms, we immediately prepare your loan contract. All you need to do is sign it digitally and return it to us. This triggers the funds release process.
Fast Funds Release
Obviously, fast installment loans should offer fast cash. However, many lenders fail on this point too. You sign your contract, return it to the lender, and wait far longer than you should.
Luckily, FlexMoney usually has money in your bank account within 24 hours of signing your loan contract. In some cases, you can get your money the same day. If you apply on a weekend or holiday, you can expect funds the next business day. Should you need to know precisely when you’ll get your money, our customer service team is happy to comply.
Don’t Ignore Quality
Offering fast installment loans isn’t enough. Your loan and your lender must be good too. Fortunately, when you choose FlexMoney you get a great product and a transparent, ethical lender.
Our loans are some of the best in the industry and our company is unrivaled in delivering fast installment loans. Here are a few reasons why you should choose us over the competition.
No Fees or Penalties
FlexMoney does not charge extra fees or penalize you if you want to pay more on your loan. That’s certainly not the case with many others lenders.
For instance, many lenders levy an origination fee just for setting up your account with them. Regrettably, this isn’t a small fee either. It can range between 0.5 – 8.0% of your total loan amount. That means you could pay between $100 and $800 on a loan of $2,000.
A pre-payment penalty is a cost the lender charges to recoup interest they lose when you pay more than your scheduled payments. This penalty negates the benefit of paying more on your loan to get out of debt sooner.
Fortunately, FlexMoney’s fast installment loans do not involve either of these costs. Pay extra at any time, without penalty. Setting up your account is our expensive, not yours.
Less Emphasis on Credit
Regrettably, most lenders place a great deal of emphasis on credit. This means many new borrowers, students, pensioners, and those trying to restore their credit can’t get a loan.
Luckily, FlexMoney’s fast installment loans don’t operate like that. Our artificial intelligence assessment considers many factors, but a primary decider is your income.
Consequently, if you earn a steady recuring income paid by direct deposit, you could qualify.
Loan Requirements Upfront
Yes, FlexMoney is happy to tell you what you might need to qualify for one of our fast installment loans. We respect your time and don’t want you to waste it on an application for a loan, unless you have a good chance of qualifying.
The following is the basic information we ask you to provide when you apply for our fast installment loans:
- Name
- Address
- Valid and active email address
- Phone number
- Valid Social Security Number or Individual Taxpayer Identification Number
- Proof of a steady source of recurring income (we consider employment, self-employment, disability, and pension income)
- Proof of active account with an American financial institution with at least two-months of transactions
Sorry, we can’t help you if you are currently enrolled in an active bankruptcy, consumer proposal, or credit counselling program.
Top-Notch Customer Service
You don’t have to give up great customer service just because you want money quickly. FlexMoney offers friendly, professional service and quality fast installment loans.
When you apply, we store your information in a secure online account. Once approved, you can log in at any time to check the status of your loan or to change contact information. Of course, you can also check when your next payment is due and when your loan ends. It’s all there.
We also offer in-person customer service via our toll-free number and email. Reach out to our customer service team whenever needed. You can also find an in-depth FAQ page on our website with more information.
FlexMoney’s Fast Installment Loans – No Hassle
If you need money quickly, our fast installment loans offer it, without hassle. Here’s a quick summary of the benefits of our loans and our company:
- 100% online process
- Apply at any time
- Borrow between $200 and $2,000 available
- 12-months to repay
- Lower interest rate than payday loans
- Digital income verification
- Emphasis on income, not credit
- No origination fee
- No pre-payment penalties
- Quick decision
- Digital contract signing
- Funds in your bank account within 24 hours
- Multiple customer service options
FlexMoney’s fast installment loans offer ease, quality, and reliability. Visit our website to start the application process or for more information on our company. Please check here to discover additional benefits of our installment loans.