My Flex Cash Review

my flex cash reviews
My Flex Cash

Article Title: How Does MyFlexCash Stack Up?

Short Description: They are a tribal lender that provides short term installment loans to consumers with bad credit. The lender is owned and operated by Red Hawk Financial, a tribal lending entity operated by the Mechoopda Indian Tribe of Chico Rancheria. But is a loan from them worth it in the end? We investigate...

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2.8 of 5 stars 1 review
  • Customer Support
  • Cost of Loan
  • Funding Time
  • Application Process


They are a tribal lender offering bad credit installment loans to consumers.  Owned by a sovereign tribal nation, this lender is one of the most expensive we’ve come across.  You can borrow from $100 – $1,000, but the interest rates are between 608.33% 1564.29% APR.  Our advice, if you have bad credit, is to shop around before committing to any loan from this lender.

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  • Offers installment loans that can be repaid over time
  • Application process is simple and fast
  • A decent option if you’ve exhausted all other resources


  • One of the highest interest rates – 608.33% 1564.29% APR
  • Not a good solution for large financial purchases
  • Not an option for those with average to excellent credit

With advances in financial technology, the ease with which you can receive money is growing. Currently there are options such as payday lenders and personal loans, but for emergencies those are not the best options. Payday loans are expensive and are typically paid in full with your next paycheck. Personal loans would work, but the application process can take several days.  And, isn’t always a guaranteed option for people with bad credit.

Tribal loans can be the happy medium between the two. They afford you the ability to access money quickly while giving you’re the flexibility to repay your note over several payment dates because it’s an installment loan.

In this article, we’ll review My Flex Cash, which is a tribal lender specializing in short-term, unsecured installment loans. Keep in mind these are for short-term financial situations and are not for long-term use.

Overview of My Flex Cash

Right out of the gate, you will notice the professional landing page, giving you all the information needed to navigate the website with ease. The first section is the beginnings of the application process, which include a few details.

From there, My Flex Cash goes into detail about how short-term notes online work. My Flex Cash states, “short term loans are a quick and easy way to get the extra cash you need”. They go on to state, “the loan amount can be paid back at your next payday or can be extended by making the minimum payment amount due”.

There are few other points at the end of the homepage but overall, a very professional feel that allows you to navigate with ease.

Loan Rates and Terms: How Much Will it Cost?

With specializing in this product, many of the details are straight forward. With My Flex Cash, you can begin by requesting a loan between $100 to $1,000. Interest rates will vary between 608.33% up to 1,564.29%, which are higher compared to others in the industry.

The reason for higher interest rates can be for riskier lending or simply to make more money as a lending business. Your final interest rate will be on the loan documents at the time of closing.

The Loan Application Process

Next is the application process, which needs to be quick and simple to remain competitive in this environment. However, before you apply for a loan with My Flex Cash, you need must meet the following criteria:

  • Have an income of at least $1,000 per month.
  • Have proof of employment.
  • Have an open bank account.
  • Be reachable by phone and email.
  • Be at least 18 years old and a permanent U.S. resident.

Once you meet those criteria you can begin the application process. To being the application process, you will return to the homepage and begin by filling out the information required.

You will then input more detailed information including your address, date of birth, phone number and social security number. From there, you will begin inputting your employment information. This will be for My Flex Cash to ensure and verify you are making the required amount of money and are getting constant paychecks.

From there, you will input your banking information you wish to use. These are where your funds will be put upon your application approval.

Once done, you simply take a seat and wait for your response, which will only take a few moments.

What Happens After I Submit My Application?

Upon review from the My Flex Cash underwriting team, you will receive a phone call, likely to verify information prior to signing your loan documents. If your loan is approved by 5:00pm EST you will receive your loan proceeds the next day.

Loan Repayment Options

As previously mentioned, My Flex Cash allows you to repay you loan early without penalty. They in fact encourage early repayment because they receive their principal investment and you save money from interest expense. Also, if you need a loan again in the future, you begin building a trustworthy business relationship with My Flex Cash.

Other information you may want to look at include the APR Disclosure page of their website. This will give you the hypothetical breakdown of a loan and fees that would be associated. This allows you to see how your loan may be structured and you can plan going forward.

My Flex Cash is a prime example of a solid website that gives you everything you need, but not too much. The only item missing would be anything related to the cancellation of your loan application. If this is of concern to you, reach out to My Flex Cash using the information on their contact page.

Overall, this company is certainly worth your time to review and see if they are a good fit. As always, it’s important to complete your own due diligence because not every loan application is the same. Also, you might find more competitive interest rates by reviewing our guide on tribal lending.

Important:  Ensure you weigh all the options before committing to a tribal lender.

Have you used My Flex Cash for a short term loan?  Leave your review below!


My Flex Cash Reviews: Read Our Reviews on This Fast Cash, Short Term Lender to Find Out

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