New Flex Line of Credit Loans will not be approved after July 15, 2024. For existing approved customers, their account will not change, and they will still have access to their established line of credit. Funds can be borrowed a little at a time. After you've borrowed the amount you'd like, up to the approved limit, you will pay interest/service fees on that amount. You will not pay interest/services fee on the funds that have not been drawn, only the amount you borrow. Your payments will go towards interest and fees accrued, and the principal amount borrowed. As you pay back the loan, you can keep borrowing up to the amount that is set as your credit limit.
New Flex Line of Credit Loans will not be approved after July 15, 2024. Existing Line of Credit customers are welcome to withdraw up to the approved credit limit if desired. A Flex Linen of Credit is open-ended, which means you can access the funds as long as you have available credit. You can easily withdraw the cash as you need it. Or, if you choose, you can close the account after paying off your balance in full. Keep in mind, after closing your account, new Flex Line of Credit accounts will no longer be available to easymoney customers.
No. You’re welcome to withdraw from your Flex Line of Credit at any time. Just stay within your credit limit and continue making your payments as agreed upon in your loan agreement.
New Flex Line of Credit Loans will not be approved after July 15, 2024. Existing Flex Line of Credit customers were rendered a maximum line of credit amount upon approval. You can decide how much you would like to borrow up to that max amount. You're welcome to borrow all or part of that approved amount and continue to draw from the Flex Line of Credit as long as you continue to make your payments. For example: Let's say you're approved for $300 but only need $100 now. You can borrow $100 now and you will only pay interest/service fees on the amount borrowed. You can draw more money later and continue to borrow/repay as needed without having to reapply!