What is a Flexible Credit?



Flexicurity is a small unsecured loan that, as its name suggests, offers flexibility: on the one hand, the amount of the loan drawn and, on the other hand, the repayment of the loan.

At the same time, Flexicurity offers the much-needed flexibility for everyday housekeeping. It can be increased by the amount you need, even a few days before payday, if your money is running low. Flexicurity also provides security against unexpected surprises – and, on the other hand, allows for a “surprising” need for money if the mind is doing a little pampering!

Because the credit limits for different types of flexible loans range from $ 2,000 to $ 50,000, flexible loans are also suitable for larger investments than everyday purchases, such as financing a renovation or purchasing a new car.

Applying for a flexible loan is quick and easy online.

Applying for a flexible loan is quick and easy online.

As long as the applicant fulfills the terms and conditions set by the finance company for the credit, the loan offer is usually available immediately and the drawn down loans can be credited within minutes.

Lift as much as you need

Lift as much as you need

Flexible loans are like virtual credit cards, from which you can withdraw at any time up to your personal credit line.

Lenders also offer a Flexibility loan and we have a credit line of up to $ 3,000. If you apply for a credit and your credit line is set at $ 3,000, you can extend your credit at our online service whenever you want, and as much as you need, within your credit line. If you decide to raise $ 500, then another $ 2,500 is available.

It is not even necessary to extend the flexibility loan. That is why applying for a customer-specific loan is worthwhile, even if there is no immediate need for a loan at this very moment. Once your applications have been cleared and the Flexible Credit granted, the credit is immediately available in a tight space.

You can also choose the payback period yourself

You can also choose the payback period yourself

In addition to being freely selectable within your own credit line, the flexibility offered by Flexibility Credits extends to the repayment of your credit.

At lenders, the credit is paid off on a monthly basis, and if the customer pays the amount they withdraw according to the minimum down payment and does not take out more credit, the repayment period is 5 to 65 months, depending on the case. The amount of the monthly minimum repayment depends on the amount of capital raised. The repayment consists of the repayment of principal and the interest accrued during the period.

In addition to interest, there are usually other costs associated with a flexible loan, such as withdrawal fees or a monthly account maintenance fee. At lenders, you only pay interest on the loan portion you withdraw and there are no other costs. On our website you will find a counter to estimate the amount of the monthly installment for the loan amount you want.

If you want to pay off your credit faster and save on interest costs, you can always pay more than the minimum installment you set – or even if your household allows it, even at one time. As a rule of thumb, the shorter your loan repayment period, the lower your borrowing costs.