Online Installment Loans Alternatives in Utah
Are your bills piling up? Are you looking for some immediate cash assistance? In Utah, check out FLEX Loans offered by Advance Financial, that funds you from $100 at a minimum to $4,000 at maximum, whereas with installment loans you can get up to a maximum amount of $1,000. Unlike Installment Loans in Utah, FLEX Loans allow you to get the cash you need and the remaining amount remains open in a line of credit.
In contrast to Installment Loans, FLEX Loans give you a relaxed repayment tenure. With Installment Loans, you can take a lump sum of cash, however, you need to repay it within the fixed loan term. On the other hand, a FLEX Loan allows relaxed repayments and paying a minimum sum on each due date will pay back the debt within the flexible tenure. Moreover, FLEX Loans allow you to withdraw more cash if you need by keeping the line of credit open. But, Installment Loans are a single time payment and will not allow you to have more money if you have a running loan. Apart from these, FLEX Loans support pre-payments and won’t charge any excess fee like some Installment Loans.
In a word, Advance Financial offers FLEX Loans for your instant cash needs. They allow you to borrow an amount up to $4,000 maximum and enable you to use only the amount you need. The balance amount will be your line of credit, which is kept open for you to withdraw extra cash if ever you need. The repayment tenure of FLEX Loans is relaxed and allows you to pay the minimal amount on each due date to pay off the whole debt.