Your carefully crafted budget works well in theory, but in practice, the financial plan is up against things you didn’t (and couldn’t) predict. Sometimes, it’s a vehicle that breaks down and requires expensive repairs. It being the car you drive to and from work every day means you can’t put off its repair – or its bill. Other times, it’s a simple cold that requires not one but two rounds of antibiotics. You don’t want to mess with your health, so you have no choice but to take your medicine for as long as the pharmacist advises. It doesn’t matter what causes you to stray so wildly off your financial course. The only thing that matters is that you need a little help to cover these unanticipated bills.
One such option is a flex-pay installment loan. These short-term, small dollar loans help you bridge the gap between your budget and your expenses, without imposing strict repayment terms. True to their name, these installment loans allow for flexible repayment compared to most payday loans. Whereas these traditional payday loans expect you to repay the loan in one lump sum, usually on the same day of your next paycheck,flex-pay loans let you repay the principal in portions over several weeks according to your pay schedule. This is an excellent option for those who need a little extra time to repay a small dollar loan.
Finding a company that you can trust is imperative when it comes to getting any loan, and flex-pay installment loans are no exception. It’s important that you find a company that has you financial health in mind, as you want a lender that will offer responsible loan options instead of predatory scams. Ensure that the lender you’ve sided with is licensed to do business in your state. You may not be aware, but individual states have regulated the types of loans allowed to be issued within their borders, policing the extent of their rates, terms and conditions. When you confirm your lender is state-licensed, you can make sure the details of your loan are not only legal but reasonable.
Go online and check out any lender’s website to learn about their licensing. If you live in Delaware, Texas, Illinois, Utah or South Dakota, then you should explore Moneykey.com/flexpay-installment-loans-online.php. In these states, they’re the licensed lender that is committed to providing responsible loans. You’ll see that when you click through their site. From their installment loans with flexible pay-back terms to their blog devoted to educating you about budgets – they try to support you during your most financially vulnerable time.
There’s no shame in needing to borrow money. In fact, it’s almost expected of you in today’s economic climate. With a little help, you can cover those unexpected mechanic repairs or prescriptions. It’s just important that you do the research to find a reliable source for your loans. So go online and find a state licensed lender you can trust.