US online installment loans are a great way to borrow money easily. This is particularly true when you choose a lender that conducts the entire lending process remotely.<\/p>\n
Surprisingly, that\u2019s not the case with many lenders. Instead, they start the process online and then expect you to come to them in-person later. This might be to provide documents or to sign your loan contract. Whatever the case, this is very inconvenient and completely unnecessary in today\u2019s digital world.<\/p>\n
Good US online installment loans through the right lender are safe, fast, and convenient. If you\u2019re considering borrowing here are some important reasons why FlexMoney does things better than the competition.<\/p>\n
Online lenders aren\u2019t created equally and neither are their application processes. Just because a company chooses to offer loans online, it doesn\u2019t mean they\u2019ve refined the process.<\/p>\n
Consequently, borrowers often find they must go through the same gruelling application process that they would face if they applied in-person. This can easily negate the convenience of the online process.<\/p>\n
Luckily, that\u2019s not the case when you apply through FlexMoney. Our application form is simple and short. In fact, most people can complete it in less than 15-minutes.<\/p>\n
If you\u2019re wondering how that is possible, it is because we\u2019re only interested in your recent history, not where you lived, worked, and banked years ago.<\/p>\n
All too often, lenders make your credit the leading factor when you apply for US online installment loans. Some even have a minimum credit score requirement in place. If your credit score doesn\u2019t meet or surpass it, they\u2019ll turn you down for a loan.<\/p>\n
However, FlexMoney uses a different approach when we\u2019re considering whether we will grant you a loan. We use an artificial intelligence assessment which looks at many factors. Yes, credit is a consideration, but it is not the only one. As a result, you could qualify for one of our US online installment loans, even if you have less than pristine credit.<\/p>\n
One of our major deciding factors is your income. If you earn a steady recurring income, the chances of you qualifying for a loan is quite strong. We\u2019re interested in your current ability to repay, not just your past financial history.<\/p>\n
FlexMoney offers a major benefit when you\u2019re applying for one of our US online installment loans: you don\u2019t need to provide proof of income.<\/p>\n
Instead, we use digital income verification through authorized bank statements. It\u2019s safe, fast, and we can\u2019t pry into your business. We\u2019re only interested in confirming your recurring direct deposits.<\/p>\n
Many lenders delve very deeply into your credit before making a decision. This usually involves a \u201chard\u201d credit inquiry, that provides them with all credit report details over the past six years.<\/p>\n
Unfortunately, this form of inquiry also negatively affects your credit report and credit score. First, it can lower your credit score by up to 12 points. While the credit reporting agencies claim this is a temporary reduction, they do not define what temporary means. It could be months or years.<\/p>\n
Second, each hard inquiry stays on your credit file for up to three years. If you have too many of them, it can seem like you are trying to take on more credit than you can afford, even when this is not the case.<\/p>\n
Luckily, FlexMoney handles things differently. Our pre-approval process uses a \u201csoft\u201d credit\u201d inquiry which gives us a general overview of your financial position. However, it does not lower your credit score.<\/p>\n
Soft credit inquiries also carry little weight on your credit report, because they are commonly used when people are shopping for the best rates. You can apply for many US online installment loans to see what each lender\u2019s offering, and then choose the best, without affecting your credit score.<\/p>\n
FlexMoney has streamlined the lending process. Consequently, it is more efficient and faster. That\u2019s certainly not the case with many other lenders. They are still handling loans in the same way they always have.<\/p>\n
When you submit an application for one of our US online installment loans, you will get our decision quickly. Our artificial intelligence assessment is almost instantaneous. You can apply at any time from any device and know whether you\u2019re pre-approved within minutes.<\/p>\n
There\u2019s no sitting around while an employee works their way through their in-box. You\u2019ll see our terms without obligation and without impacting your credit score. If you decide not to borrow, no problem. If you want to move ahead, the process is seamless and fast.<\/p>\n
Be careful when you\u2019re looking for quick, easy loans. Many are payday, not installment loans.<\/p>\n
What\u2019s the difference? Payday loans must be repaid in-full within a few weeks. They are also the costliest form of credit available. Alternatively, our US online installment loans offer much lower interest rates and 12-months to repay through regular payments. That makes repayment much easier to manage and certainly more affordable.<\/p>\n
For those that think applying online is riskier than an in-person application, consider this. The information in your in-person application will probably end up on the internet anyway.<\/p>\n
However, before it ends up there it will be sitting in someone\u2019s office tray and who knows where else. Will they store the hard copy and your digital sensitive data properly? Is data security a serious consideration or is it just business as usual?<\/p>\n
None of this is a worry when you apply through FlexMoney. Data security is our priority, since we operate completely online. Our reputation depends on it.<\/p>\n
Consequently, we invest heavily in the best possible data encryption software available. Plus, we are legally-obligated to meet state consumer data protection requirements while handling our US online installment loans.<\/p>\n
Lenders aren\u2019t eager to let you know that you could pay more than you should. As a matter of fact, they are very careful to conceal unnecessary fees and penalties.<\/p>\n
One way they do this is by giving deceiving names. After all, an \u201corigination\u201d fee sounds official and necessary. However, it is actually an unnecessary administrative cost, just for setting up your account with the lender. This often isn\u2019t a small fee either, since it can range between 0.5 \u2013 8% of your loan amount.<\/p>\n
FlexMoney does not charge this fee when you apply for one of our US online installment loans. We absorb administrative costs as a normal expense when we do business.<\/p>\n
Another charge many lenders levy is a pre-payment penalty. You usually don\u2019t find out about it until it comes time to pay extra on your loan. Then the lender tells you must pay a penalty, since you\u2019re not sticking to your loan agreement. In truth, they\u2019re sticking it to you to make up for the interest they lose when you pay early.<\/p>\n
FlexMoney doesn\u2019t operate this way. If you find yourself in a position where you can pay more or pay off all your loan, congratulations. Our loans are \u201copen\u201d so you can pay more at any time, without penalty. We think this approach makes it more likely our customers will borrow again and they might even refer us to others.<\/p>\n
Whether in-person or online, some lenders are downright slow. Besides having a tedious application process, they can also drag their feet once you\u2019re approved.<\/p>\n
That\u2019s frustrating and unnecessary once you\u2019ve jumped through all the hoops. They should be able to get funds into your hands very quickly.<\/p>\n
Luckily, US online installment loans through FlexMoney offer money in your bank account within 24 hours. If you apply on a weekend or holiday, we usually have money in your hands the next business day.<\/p>\n
We invite you to compare us to our competitors. Chances are, they won\u2019t tell you their basic qualification requirements. Instead, they expect you to fill out an application form and wait.<\/p>\n
Luckily, that\u2019s not the case with FlexMoney. We value your time and we\u2019re happy to provide you with our basic requirements of our US online installment loans below:<\/p>\n
Sorry, we can\u2019t help you if you are currently enrolled in an active bankruptcy, consumer proposal, or credit counselling program.<\/p>\n
FlexMoney is your best option for US online installment loans. Here\u2019s a quick recap of what we offer:<\/p>\n
If you are interested in stating the application process, or need more information, please visit our website<\/a>. We also offer more information on our installment loans here<\/a>.<\/p>\n Our customers agree that we offer the best US online installment loans available. Get yours today.<\/p>\n","protected":false},"excerpt":{"rendered":" US online installment loans are a great way to borrow money easily. This is particularly true when you choose a lender that conducts the entire lending process remotely. Surprisingly, that\u2019s not the case with many lenders. Instead, they start the process online and then expect you to come to them in-person later. This might be […]<\/p>\n","protected":false},"author":3,"featured_media":91,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,19,12,23],"tags":[14,16,9,13,22],"class_list":["post-90","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-easy-loans","category-fast-loans","category-installment-loans","category-online-loans","tag-alternative-to-payday-loan","tag-easy-us-installment-loans","tag-quick-loans","tag-small-us-installment-loans","tag-us-online-installment-loans"],"yoast_head":"\n