Welcome to Flexi Credit
Your #1 Financial Solution for Life.
Flexi Credit is your all-in-one revolving personal loan solution, designed to meet your financial needs with ease and flexibility. Whether you’re planning for something big, managing unexpected expenses, or simply need the confidence of having funds available when you need them, Flexi Credit is here to make it happen.
Why Choose Flexi Credit?
Flexi Credit offers a smarter way to borrow, giving you access to funds whenever you need them. Here’s why it stands out:
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- Collateral-Free Loans: Access up to $150,000 without the hassle of securing collateral.
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- Flexible Tiers: Choose from Junior ($10,000), Silver ($50,000), Gold ($75,000), or Platinum ($150,000) to match your financial goals.
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- Revolving Credit: Repay what you use and access again — it’s that simple!
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- Extended Repayment Terms: Enjoy a repayment period of up to 12 years for manageable monthly payments.
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- Versatile Usage: Use your credit to repay credit card debts, education, or even unexpected emergencies.
How Flexi Credit Works
Access Funds: Apply and receive your credit limit.
Spend: Use the funds for your general or annual expenses.
Repay: Make full or partial repayments at your convenience.
Access Funds Again: Once repaid, your credit becomes available for use once more.
It’s a revolving line of credit that works for you, giving you the financial freedom to handle life’s needs with confidence.
Who Is It For?
Flexi Credit is perfect for members who value convenience, flexibility and control over their finances. Whether you’re:
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- Upgrading Your Home: Fund renovations or upgrades with ease.
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- Repaying Credit Card Debts: flexi credit offers a lower interest rate than credit cards.
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- Managing Emergencies: Be prepared for life’s unexpected moments.
Flexi Credit is tailored to meet your unique financial journey.
Ready to Unlock Your Dreams?
Applying for Flexi Credit is simple and hassle-free. Here’s how you can get started:
Check Your Eligibility: Ensure you meet the basic requirements for Flexi Credit.Once approved, access your funds and start using your credit (subject to normal lending criteria).
Submit Your Application: Visit us in-branch or apply online and submit the following documents:
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- Recent Job Letter (Addressed to AMGECU Credit Union).
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- Most recent payslip.
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- Proof of Address (less than 3 months old).
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- Evidence to support the purpose.
For more details, contact us at vramsawak@amgecu.com loansofficer@amgecu.com nhernandez@amgecu.com, or call us at 384-5495, 324-2345 or 384-6925.
Take the First Step Today!
Don’t let financial limitations hold you back. Flexi Credit is here to provide the support you need to achieve your dreams.
Flexi Credit: Your Key to Financial Freedom.
Frequently Asked Questions.
Q: What is Flexi Credit?
A: Flexi Credit is a revolving line of credit that allows you to access funds, repay, and borrow again as needed.
Q: What can I use Flexi Credit for?
A: Flexi Credit can be used for virtually anything — repay your credit card, home improvements, vehicle repairs, tuition, and more.
Q: How do I apply?
A: Fill out the forms online or visit www.amgecu.com or contact a Lending Officer (Call us today: Vidya: 384-5495 | Nicole: 324-2345 | Carl 384-6925).
Q: What documents do I need to apply?
- Proof of Income: Job letter and payslip (all documents must be current)
- Proof of Identity:Â Two valid forms
- Proof of Address: Utility bill or bank statement (up to 3 months old). An authorization letter is required is the utility bill is not in the member’s name.
Q: Do I need collateral to qualify?
A: No, Flexi Credit is completely collateral-free.
Q: I already have a loan with you, am I eligible for Flexi Credit?
A: Yes, based on eligibility criteria.
Q: After my line of credit has been determined, how long does it take to get funds approved?
A: Within 24 hours, once all documents have been submitted.
Q: How do repayments work?
A: You can make partial or full payments on what you’ve borrowed, and once repaid, your credit becomes available for reuse.
Q: When do I begin to pay?
A: Once approved, payment will begin one month after the loan is disbursed.
Q: Why should I take a loan when I already have the money?
A: It’s simple. Keep your savings and investments growing while using Flexi Credit to meet your financial needs. For instance:
Let’s say you have savings in Shares, and it’s back-to-school time for your children. Instead of depleting your shares every year, you could leave that money intact to grow and use Flexi Credit to cover your expenses. This way, your savings remain untouched while you take care of what matters most.
