Easy installment loans should be a snap to find, but they\u2019re not. Many lenders claim you will get money quickly, but that\u2019s only after you go through their grueling application process.<\/p>\n
Fortunately, there\u2019s not need to go through all that. FlexMoney has streamlined the lending process so that it is not only fast, but incredibly easy. We know your time is valuable. Do you really want to waste it sorting through sub-par lenders? Probably not.<\/p>\n
That\u2019s why we\u2019re providing with a long list of reasons why you should choose FlexMoney. We really do offer easy installment loans and are prepared to show you why.<\/p>\n
Yup, you read that right. Most people can complete our application form in less than 15-minutes. Just grab your banking details and set aside a quarter of an hour. You can apply at any time from any device.<\/p>\n
Why is our form so simple? We\u2019re only interested in where you stand now, not where you lived, worked, and banked years ago. We believe this is a fundamental way to offer easy installment loans. That\u2019s certainly not the case with mainstream lenders.<\/p>\n
Mainstream lenders usually delve deeply into your financial and personal history. They want to see long-term stability and the longer the better. Consequently, they will often ask for details going back years. That means you may need to wrack your brain and dig through old papers just fill out a complicated application form. Who needs that?<\/p>\n
Let\u2019s clarify this. Our easy installment loans are true installment loans. They\u2019re not payday loans.<\/p>\n
Why the distinction? It is important to understand the differences. First, payday loans have much higher interest rates, so you will pay more. Second, payday loans must be totally repaid within a matter of weeks in a lump sum. Finally, payday loan repayment information isn\u2019t usually reported to credit reporting agencies, so even if you pay one on-time, it won\u2019t boost your credit score.<\/p>\n
Conversely, installment loans offer much lower interest rates, so you will pay less. Second, our easy installment loans offer a 12-month term. You repay your loan through scheduled payments which makes borrowing easier to manage. Finally, your timely payments on your installment loan may increase your credit score since it increases your credit mix.<\/p>\n
A lender can\u2019t possibly offer easy installment loans if they expect you to provide proof of income. This either involves taking time out of your busy day to drop off documents to an office, or you must scan and upload them to a website.<\/p>\n
Either way, that\u2019s inconvenient. Plus, it is entirely unnecessary today. We live in a digital world and it is possible to safely and securely confirm your direct deposits through your bank. You don\u2019t need to do a thing and the process is incredibly fast.<\/p>\n
Why waste your time asking for a letter from HR or digging up old pay stubs? FlexMoney uses digital income verification that does not involve office visits or document uploads.<\/p>\n
Easy installment loans must also be good products. That\u2019s why FlexMoney chooses to use a pre-approval process, rather than a traditional one.<\/p>\n
What does this mean? Traditional lenders use a \u201chard\u201d credit inquiry which provides them with all details on your credit file. They want this information, since credit is the deciding factor when they\u2019re considering you for a loan.<\/p>\n
However, this hard inquiry also lowers your credit score by up to 12 points. Credit reporting agencies claim this reduction is \u201ctemporary\u201d, but they do not define how long that is.<\/p>\n
Additionally, lenders take notice of hard inquiries on your credit file. If they see several, it may seem you\u2019re struggling to obtain credit. Ironically, that can make it even harder for you to do so.<\/p>\n
Luckily, FlexMoney use a pre-approval process instead. This involves a \u201csoft\u201d credit\u201d inquiry which does not lower your credit score. Soft credit inquiries carry little weight with lenders as people often use the pre-approval process when they\u2019re shopping for the best rates.<\/p>\n
More importantly, our soft enquiry only provides us with a general overview of your financial standing. It is less intrusive as we can\u2019t see every detail on your credit report. Consequently, many people with small issues on their credit file have qualified for our easy installment loans in the past.<\/p>\n
Easy installment loans aren\u2019t based on your credit alone. Otherwise, new borrowers, students, and those with less than pristine credit could never get one.<\/p>\n
That\u2019s why FlexMoney does not set a minimum credit score requirement. Instead, we use an artificial intelligence assessment that considers many factors.<\/p>\n
Will we check your credit? Yes, that\u2019s expected when you apply for an installment loan. However, chances are if you earn a steady recurring income paid by direct deposit, you could qualify.<\/p>\n
Easy installment loans must offer a fast process from start to finish. That may not be the case with many lenders. Some complicate the application process, while others take their time reviewing your application. Others sit on funds far longer than they should after you\u2019ve qualified. FlexMoney does things differently.<\/p>\n
Once you submit your application, you\u2019ll receive our decision in minutes. You\u2019ll see our terms and can review them carefully.<\/p>\n
Ready to move forward? All you need to do is accept the terms. Our customer service team will prepare your loan contract and send it to you for signature. Once you sign it digitally and return it to us, it triggers funds release.<\/p>\n
Easy installment loans through FlexMoney offer money in your bank account within 24 hours. If you apply on a weekend or holiday, we usually have your funds to you the next business day.<\/p>\n
If you decide not to borrow, that\u2019s not a problem. We offer our terms without obligation and you can apply again at any time. Our process does not impact your credit score.<\/p>\n
Easy installment loans must also offer value. There\u2019s no point in borrowing if fees and penalties increase your indebtedness considerably.<\/p>\n
Regrettably, this occurs more often than you might think. Some lenders charge an \u201corigination\u201d fee just for setting up your account. This can cost you between 0.5 \u2013 8% of your loan amount. That\u2019s a lot of money to pay for something that should be a lender\u2019s administrative expense.<\/p>\n
Another common fee applies if you want to pay more on your installment loan than just your scheduled payments. It is called a pre-payment penalty. Why do lenders charge this? They\u2019re depending on the interest they receive when you pay regular payments until the end of your loan term. Basically, this penalty makes up for the interest they lose when you pay sooner than originally expected.<\/p>\n
Luckily, FlexMoney\u2019s easy installment loans are fee and penalty-free. We do not charge an origination fee or a pre-payment penalty. In fact, we welcome extra payments at any time, without penalty. We believe this creates a better relationship with our clients so that they will choose us if they ever borrow again. If we\u2019re lucky, they we also recommend us to their friends and family.<\/p>\n
FlexMoney understands that easy installment loans must be backed by top-notch customer service. Otherwise, you\u2019re trading ease for value. Consequently, we dedicate a great deal of effort to customer service<\/p>\n
FlexMoney always communicates clearly through the borrowing process. We reveal our fees and your cost to borrow upfront, to avoid misunderstandings.<\/p>\n
We also provide in-depth information on our website regarding all aspects of borrowing. Visit our FAQ page to find answers regarding our application process, qualifying, payments, and more.<\/p>\n
If you want to talk to an actual person, FlexMoney offers a 1-800 number for immediate assistance. We also provide email and website support.<\/p>\n
FlexMoney is a transparent lender. As a result, we\u2019re happy to provide our basic qualification requirements for our easy 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
Before you decide on a lender, here is a brief summary of what FlexMoney offers:<\/p>\n
FlexMoney is your best option for easy installment loans. If you want to start the application process now, please visit website<\/a>. You can also find more information on why installment loans are your best choice here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Easy installment loans should be a snap to find, but they\u2019re not. Many lenders claim you will get money quickly, but that\u2019s only after you go through their grueling application process. Fortunately, there\u2019s not need to go through all that. FlexMoney has streamlined the lending process so that it is not only fast, but incredibly […]<\/p>\n","protected":false},"author":3,"featured_media":96,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,19,12],"tags":[14,17,24,16,21],"class_list":["post-95","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-building-loan","category-easy-loans","category-fast-loans","category-installment-loans","tag-alternative-to-payday-loan","tag-best-online-installment-loans","tag-easy-installment-loans","tag-easy-us-installment-loans","tag-fast-installment-loans"],"yoast_head":"\n