What is the Flexi Loan?
You can borrow between £300 and £1,500 and choose to repay it over a period between 6 to 12 months.
The Flexi Loan offers you a simple way to borrow money when you need it.
You can apply for a Flexi Loan as soon as you’ve paid your first income into your thinkmoney Current Account. You can give us a call on 0161 672 8988 to see if you're eligible to borrow.
Here’s an example to see how much you’d pay with a Flexi Loan. If you borrow £900 over 10 months at a fixed annual interest rate of 140%, your monthly repayments would be £131.53 – this includes interest. The total amount of interest you’ll pay over the 10 months is £415.30. That means the total amount repayable will be £1315.30.
140% APR Representative – loans are subject to status and affordability.
When you apply for the Flexi Loan, we thinkmoney are the credit broker, Ideal Finance is the lender, and they pay us for our service. Think Money Limited and Ideal Finance Limited are both part of Think Money Group.
Warning: Late repayments can cause you serious money problems. For help, go to www.moneyadviceservice.org.uk