FlexMoney Canada is a fully digital installment lender with experience issuing fast online loans to Canadians since 2012. They're headquartered in Toronto but have experience lending from coast to coast.
Products Offered
$500 - $15,000
18.9% - 46.93%
6 months - 5 years
Personal Loan
Conditions & Rates
Interest rate 18.9% – 46.93%
Amount $500 to $15,000
Terms From 6 months to 5 years
Eligibility Requirements
Who is eligible?
- Canadian resident 20 years or older
- Monthly net income of $2000 per month or greater
- Open and active bank account with a Canadian Financial Institution
- Not currently enrolled in an active bankruptcy, consumer proposal or credit counseling program
- Valid email address and phone number
What you need to provide?
- The application is done completely online. No physical documents are required unless FlexMoney needs to further verify your income.
Repayment & Issuance
How fast can you get the money Within 24 hours Funding method Direct Deposit How does repayment work weekly, bi-weekly, semi-monthly or monthly payment
Contact information
customercare@flexmoney.ca
500 Danforth Avenue, Suite 304, Toronto ON, M4K 1P6
Availability:
Alberta, British Columbia, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward IslandSupport Offered:
- Phone Support
- Email Support
- Social Media
- FAQ's
- Client Portal
Call Center:
Monday-Friday: 9am to 5pmFrequently Asked Questions About FlexMoney
What is FlexMoney?
What does FlexMoney do?
FlexMoney offers affordable payments and loan terms ranging from six months to five years, providing installment loans that fit your needs.
How much can I borrow from FlexMoney?
You can borrow an online loan of $500 to $15,000 from FlexMoney.
How do I get my loan funds?
Once you accept, your funds will be automatically deposited into your bank account. This works the same fast way your employer might deposit your paycheque on your payday.
How much can I borrow from FlexMoney?
The amount you can borrow from FlexMoney will depend on many factors that are built into their automated system. They offer loans between $500 to $15,000 and you can apply for as much as you need.
How do I repay my loan?
Payments of your loan are automatically taken out of your bank account according to your payment schedule. All repayments must come out of the same account in which you receive your salary, or your primary source of income that you include on your application.
What is FlexMoney's mission?
FlexMoney's mission is to provide access to credit online.
Is FlexMoney safe?
FlexMoney are leaders in the digital lending industry. They’re one of the fastest options for an online personal loan in Canada and their application process is seamless. They're 100% online. Which means they take your privacy and security seriously. You can feel confident that with FlexMoney you are sharing your personal information with a Canadian based lender you can trust. Things like bank level encryption is just one of the tools they use to protect your information. Plus, they've helped over 1,500 customers and have funded over $6 million in loan funds.
If approved, how quick can I get my loan?
Once you've accepted your electronic loan agreement, FlexMoney processes your loan payout immediately. Generally, for customers banking at a major Canadian financial institution you can receive your money within 24 business hours, or the next business day for after hours.
What are the eligibility requirements?
All customers applying for FlexMoney's Personal Loan need to be actively employed and receiving regular wages. Additionally, you need to be a Canadian resident that's over 20 years old, have a net income of $2,000 per month or more, have an open and active bank account, have a valid email and number, and lastly, cannot be enrolled in an active bankruptcy or credit counseling program.
How does FlexMoney work?
Customers can apply quickly and conveniently online, or through their mobile device for installment loans up to $15,000 with terms between 6 and 60 months. These online loans are personal loans and are paid back through direct debit. They offer weekly, bi-weekly, semi-monthly and monthly repayment schedules.
How do I apply for a FlexMoney loan?
If you are new to FlexMoney, you may Apply by clicking the orange "Apply Now" button on their home page. If you are an existing FlexMoney customer, you may Apply via your FlexMoney My Account.
FlexMoney Reviews
Avg. Rating: 5.0 (2 reviews)
November 14, 2021
“I got approved and funded within a few hours. Simple process and the entire experience was fast and pleasant. ”
November 14, 2021
“The entire application is online. Like this process a lot. ”