Published On: Mon, May 25th, 2015

You Might Be Eligible For A Flex-Pay Installment Loan

For anyone in Utah who needs cash, flex-pay installmentloans are the best solution. Often called a small dollar loan, these short-term loans provide money for emergencies such as car repairs, paying off bills to avoidlate fees, medical expenses, or utility bills.

What’s important to note is that not all lending companies in Utah are the same. While many companies offer simple and convenient loans to people with less than perfect credit, the company you choose should be respected in the lending community both on- and offline. The company should have up to date security standards to protect your personal and confidential information. Most companies ask that borrowers have an active bank account and a source of income. The best ones stress that you should always use their flex-pay loans responsibly.

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Direct online lenders can approve your loan within minutes and depositit into your bank account within 24 hours. Flex-pay loans are usually less than $500, an amount that it is more manageable to repay when the time comes. Repayment occurs according to a schedule that you set up with your lender, ensuring that payment due dates are reasonably set a part and align with your pay frequency. When payments are made on time, you’ll create a positive relationship with your lender, prompting them to approve future (larger) loans faster.

Some states may have usury laws that influence borrowing limits and fees, while some other states prohibit lending altogether. Usury laws dictate lending rates and terms, how much the lender can charge, and regulate the amount a lender is allowed to extend to a customer. Since these laws differ from state to state, it’s best to do some research and learn which ones apply to Utah specifically.

Direct online lenders like MoneyKey make it easy, fast, and secure for you to get a small loan for emergencies. They are online 24 hours a day and can give you a decision within minutes, providing the money you need within 24 hours. MoneyKey only asks that you borrow responsibly and no more than you can repay. They also offer easy repayment options. Click Moneykey.com/online-installment-loans-utah.php to learn more about the options available to you.

When securing a flex-pay installment loan, be sure to align yourself with most reputable direct online lender in Utah. That way you can have access to cash with reasonable terms and a manageable repayment schedule.