The Citi Flex mortgage is actually a forward thinking merchandise that is available to latest Citibank visitors exactly who currently have a working Citi mastercard accounts. Citi Flex lets competent customers grab part regarding mastercard restrict and transform it into an individual loan with a set APR which repaid in a particular range several months. You’ll choose your very own repayment schedule, with all the max repayment name 60 period. Longer term financing need higher rates of interest.
No Software Necessary
The Citi Flex financing techniques is quick and simple. It is possible to obtain funds deposited into the bank account in one single to 2 days. You don’t want to send a formal application and Citi doesn’t check your credit score rating. You do need a present Citi credit accounts in great standing.
Citi checked your own credit and required an application as soon as you unwrapped the Citi cards membership which you use for the Citi Flex financing, so they really don’t want it once more. Citi does not demand an origination fee once you request a Citi Flex mortgage.
The reason why Just Take a Citi Flex Mortgage?
Citi stresses several common ways to use a Citi Flex loan, like:
These costs maybe paid for by using your own charge card, so just why remove a Citi Flex financing? The primary reason is the fact that the Citi Flex loan money are going to have a lesser rate of interest than your own bank card interest. Your own rate isn’t only decreased, but it’s a fixed speed, unlike the bank card bills. The monthly payment can also be set and it’s really clear that should you make a collection range money your own Citi Flex balance are going to be paid down.
Citi allows you to pick a repayment program which works for you, though discover at least they necessary. Citi will show different choices, creating obvious exactly what your monthly Citi Flex installment should be. In addition they explain that any balance you have got on your own charge card are going to have its lowest cost obligation.
Citi Flex Pay
A fascinating Citi Flex feature is you can move qualified acquisitions after you have made all of them, moving all of loan installment lender Tennessee them from your normal CitiCard membership to Citi Flex. This is known as Citi Flex Pay plan.Purchases generated throughout your recent or past payment pattern which happen to be greater than $100 are contained in your own Citi Flex arrange. Shopping which can be entitled to moving into Citi Flex is demonstrably marked on your on-line or Ciit software account access.
Citi Flex belongs to Their Citi Account
Your Citi Flex Loan is part of your energetic Citi credit account. How much money you’ll acquire is founded on the credit limit on the existing Citi credit accounts. Citi in addition establishes your qualifications as well as the levels possible obtain centered on the “creditworthiness alongside facets.” Citi does not identify just what that implies nonetheless get access to their installment background to their levels, to make certain that plainly is just one aspect.
The Citi Flex deal and info will appear on the same statement as you mastercard. There is certainly one monthly minimal payment needed that covers both the CitiCard and Citi Flex balances. The declaration can make clear how much you owe for every single, you generate one payment.
Crucial Citi Flex Information
Before taking advantageous asset of a the Citi Flex alternative here some crucial facts.
The minimum you’ll borrow against a Citi Flex financing are $500.
CIti Flex cover lets you push elligble purhcases over $100 to a set rates repayment.
No charge become billed for selecting to use Citi Flex, though belated installment costs along with other punishment can put on if you do not build your fees as agreed.