Financial crunches are instantly covered in Alabama. Advance Financial offers FLEX Loans for your monetary needs. Unlike Payday Loans in Alabama, FLEX Loans have an open line of credit for you to use extra cash within your credit limit whenever you need.
In Alabama, Payday Loans have fixed loan terms, which generally is your next payday and you must pay back the debt completely by then. But, FLEX Loans have relaxed repayments and the due dates are set by you at your comfortable intervals. Moreover, FLEX Loans allow you to pay minimal amounts on each due date and Payday Loans doesn't offer you the same flexibility. FLEX Loans permit you to withdraw only the amount you need and the remaining cash will be your line of credit. This line of credit is kept open for you to get extra cash whenever you need. Payday Loans are single time transactions and doesn't allow any extra cash advances.
In short, Advance Financial offers FLEX Loans in Alabama to meet your cash emergencies and offers you a maximum sum of $4000. You can borrow the amount you need and the remaining sum will be your line of credit. FLEX Loans allow you to pay interest only on the amount borrowed from the time of borrowing. Repayment terms are flexible with FLEX Loans and you can pay minimal amount on each due date to clear off the debt within the loan tenure.