Flex - Rent On Your Schedule

Editor's Review

Tired of the rigid monthly rent schedule? 😩 Introducing Flex – the app that lets you pay your rent, your way! 🥳 Flex understands that managing finances can be tricky, so it splits your monthly rent into smaller, more manageable payments. This helps you to pay rent on time, improve your cash flow, and even build your credit history. Imagine breathing easier every month, knowing your rent is sorted without the stress!😌

Here’s how it works: each month, you contribute a portion of your rent to unlock your credit line. Flex then ensures your rent is paid in full and on time to your property manager. The best part? You get to choose your payment dates within the month!🗓️ Flex adapts to your financial schedule, giving you the flexibility you need to manage your money effectively.💯

Flex, brought to you by Flexible Finance, Inc., operates as a financial technology company partnering with Lead Bank to offer lines of credit, banking services, and payment transmissions. To get started, simply apply and undergo a credit assessment. Credit line amounts will vary based on eligibility. For a recurring monthly membership fee of $14.99 at 0% APR, you can access unsecured lines of credit. Plus, a bill payment fee of 1% of your total rent is charged when you pay using the Flex app (and remember, additional card processing fees apply when using a credit card). Memberships renew automatically until you decide to cancel. Secured lines of credit are provided at 0–9% APR based on your creditworthiness, and require you to maintain a security deposit with Lead Bank. Don't forget, other third-party fees may also apply. Be sure to check your offer for all the details! ✅

Positive rent payment history and information about your line of credit may be reported to national credit bureaus, potentially boosting your credit score. Terms and conditions apply. All loan proceeds are disbursed by Lead Bank; neither Flex nor its subsidiaries disburse loan proceeds or engage in the movement of consumer funds. Brokering activities are performed by Flexible Finance Brokering, Inc., while servicing and collection activities are handled by Flexible Finance Servicing, Inc.👍

Features

• Splits monthly rent into smaller payments

• Flexible payment date selection

• Full and timely rent payment to property

• Potential credit history building

• Unsecured lines of credit available

• Secured lines of credit also an option

• Membership auto-renews until canceled

• Credit line amounts vary based on eligibility

Pros

• Pay rent on time

• Improve cash flow management

• Build your credit history

• Flexible payment dates

Cons

• Monthly membership fee of $14.99

• Bill payment fee of 1% of total rent

• Additional card processing fee may apply