FlexMoney offers online loans ranging from $500 to $15,000, with a repayment term of 6 to 60 months. The application process is simple and can be completed online or over the phone. Once approved, funds can be received in as little as 15 minutes via Interac e-Transfer. To qualify, applicants must be Canadian citizens aged between 18 and 70, have a steady income, an active bank account, and pass a credit check. For instance, if you borrow $5,000 for a term of 1 year, the total repayment amount would be $5,988, including a fee of $988.
FlexMoney review
FlexMoney is a financial platform that offers online loans ranging from $500 to $15,000. The loan term varies between 6 to 60 months, providing flexibility to borrowers based on their financial needs and repayment capacity.
Applying for a loan with FlexMoney is a straightforward process. You have the option to apply online or over the phone. Once your application is approved, you can receive your funds in as little as 15 minutes via Interac e-Transfer. This feature is particularly beneficial if you require immediate access to funds.
To qualify for a loan with FlexMoney, you must be a Canadian citizen aged between 18 and 70. A steady income and an active bank account are also prerequisites. Additionally, a credit check is conducted to assess your creditworthiness.
For instance, if you borrow $5,000 for a term of 1 year, you will end up paying a total of $5,988, including a fee of $988. This repayment structure is transparent and allows you to understand the cost of borrowing upfront.
In conclusion, FlexMoney offers a convenient and quick solution for your borrowing needs, with a range of loan amounts and flexible terms. The application process is easy, and the conditions are straightforward, making it a viable option for Canadians seeking financial assistance.
Table of repayments
| Amount | Fee | Total payment | Term |
| $5.000 | $988 | $5 988 | 1 year |
If you will get the loan of $5.000 with the term of 1 year, your totally payment would be $5 988. The fee is $988.