Flex - Rent On Your Schedule

Flexible Finance, Inc.

About this app

Description 



Pay rent your way.

Flex splits your monthly rent into smaller, more manageable payments that are easier on your budget. It helps you pay rent on time, build your credit history, and breathe a little easier every month.

How it works 

Flex gives you access to a credit line that you can use for rent. Each month, you pay part of your rent up front and borrow the rest. Flex pays your full rent to your property when it’s due, and you pay Flex back later in the month—on a schedule that works for you and your finances.

Disclosure

Flexible Finance, Inc. (“Flex”) is a financial technology company, not a bank. All lines of credit, banking services, and payment transmissions are offered by Lead Bank. An application and credit assessment are required for approval. Credit line amounts vary based on eligibility (graphics are illustrative only); to access a credit line, you are required to make timely payments each month. Unsecured lines of credit are provided for a recurring monthly membership fee of $14.99 at 0% APR. A bill payment fee of 1% of your total rent is also charged when you pay your rent using the Flex app (additional card processing fee applies when using a credit card). Memberships automatically renew until canceled. Secured lines of credit are provided at 0–9% APR based on your credit worthiness. You are required to maintain a security deposit with Lead Bank. Other third party fees may apply. See your offer for more details. Positive rent payment history and information about your line of credit may be reported to one or more national credit bureaus. Terms and conditions apply. All loan proceeds are disbursed by Lead Bank; neither Flex nor any of its subsidiaries disburse loan proceeds or engage in the movement of consumer funds. Brokering activities are performed by Flexible Finance Brokering, Inc. Servicing and collection activities are performed by Flexible Finance Servicing, Inc.

Licenses

Flexible Finance Brokering, Inc., Nationwide Multistate Licensing System (“NMLS”) ID #2599800
Flexible Finance Servicing, Inc., NMLS ID #2256673
Please refer to NMLS Consumer Access for information on our licenses.

Ratings and reviews

EDIT: I've been using Flex for maybe 2 years now. Makes budgeting easier and I've seen a large jump in my credit report. I honestly like them and they're responsive if you have IT issues which are very rare. Original post: Not off to a great start. I started the process previously and now can't figure out how to use this nonuser friendly app. There is no visible login spot and it continuously tells me my email is used for another account. Can't figure out how to login from any browser or app.

I have loved our experience with Flex! It's incredibly handy to be able to split rent into two payments a month. Considering how much financial leeway this gives us in the beginning of the month, we figure the $15 monthly fee is worth it. Plus, their flexibility for your second repayment date is fantastic — you can even reschedule it for later in the month if the usual date doesn't mesh with your payday schedule. Highly recommend!

Update: My rent was not paid on time! It caused a late fee. Flex refused to resolve the issue. The service is good until you move. Then it's extremely frustrating getting your information straightened out. I have re-linked my new address several times. I wish there was a physical person I could talk to so I straighten this out. I would hate for my rent to not be paid on time because flex hasn't resolved the issue. I have also sent emails and have contacted them though the app as well.

What’s new

Thanks for using Flex! We update our app regularly to make your rent payment experience even better. Every update to the Flex app includes performance improvements like speed, reliability, and bug fixes. As new features are released, we'll highlight them for you directly in the app.