You have questions. We have easy answers!

When you need flexible access to cash, a Flex Line of Credit may be the answer. Once you're approved, you'll receive access to a set amount of funds. You can borrow these funds a little at a time. After you've borrowed the amount you'd like, up to the limit determined by your loan, you will pay interest/service fee on that amount. You will not pay interest/service fee on the available funds, only the amount you borrow. Your payments will go towards that 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. The easymoney Flex Line of Credit is only available in Tennessee, with maximum credit limit of $4,000.

An easymoney Flex Line of Credit allows you to decide if and when you’d like to borrow funds after approval. You can borrow all of the funds at once or a little at a time when you need them. The steps to applying for a Flex Line of Credit are simple:

• Step 1: Complete your application at your neighborhood easymoney store  
• Step 2: Receive a quick lending decision 
• Step 3: If you are approved, you will choose the amount you would like to draw from your Flex Line of Credit. You’re able to draw any amount up to your approved, maximum lending limit.  
• Step 4: Carefully review the loan documents and sign
• Step 5: Receive your cash
• Step 6: Make your payments as outlined in your agreement. (Additional payments will help you save on interest/service fees)
• Step 7: Receive your funds a little at a time by withdrawing as you please up to your credit limit

After you’re approved, you’ll leave the store with cash. You’re welcome to withdraw up to your credit limit if desired. A Flex Line 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.

It’s possible, but it depends on a few factors. The state you live in, and the product offerings is the biggest determining factor. Your income, ability to repay, and credit score can be considered when determining if you are eligible. Stop by your neighborhood easymoney store for more information. 

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.

If you are approved for a Flex Line of Credit, you will receive a maximum loan amount. You can decide how much you would like to borrow up to that max loan amount. You’re welcome to borrow all or part of the money 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 and principal payment on the amount borrowed. You can draw more money later and continue to borrow/repay as needed without having to reapply!