MyFlexCash Payday Loans Review | Loans Like MyFlexCash | Credit Raters us-lenders
Last updated: 27th Feb 2020

MyFlexCash Review

Payday loans are a quick and reliable solution to emergency financial challenges. While these loans are easy to get, it’s always good to be cautious about which lenders you borrow from. 

For instance, some lenders will qualify you for a loan but charge you very high rates that end up getting you into terrible financial debts. In this regard, always make sure you get a loan from a legitimate lender with transparent rates. 

One lender worth considering is MyFlexCash. It’s a tribal-based lender run by Red Hawk Financial that offers short-term loans to help you solve your financial challenges. With this lender, you can qualify for loans from as low as $200 up to $1,000 as soon as the next business day. 

Here is a comprehensive guide of its features and costs. 


With MyFlexCash, the rates are very easy to understand. For every $100 borrowed, you will be charged $30. Compared to other lenders, the fees are a bit higher. Remember that this lender is a tribally-owned institution and thus doesn’t abide by the state regulations.

Here is a quick summary of the costs;

  • Interest – $30 for every $100
  • Minimum loan amount – $200
  • Maximum Loan amount – $1,000
  • Loan term – Next day or more 
  • Turnaround time – 1 business day 

Key features 

MyFlexCash is a reliable lender for small financial emergencies. While the maximum loan limit is $1,000, it’s not a guarantee that you’ll qualify for all the maximum amount. 

Even with bad credit or bankruptcy, you still can qualify for a loan. However, the loan limit is for borrowers with bad credit are lower. 

Additionally, all loans are funded by MyFlexCash, and thus you can be assured that the information you provide when applying for a loan won’t be shared with any third parties. 

Besides, the loan application process is simple, and it’s entirely done online within a few minutes. Once you are approved, the guns will be deposited into your bank account on the next business day. The loan balance is due on the next payday. You can request for an extension by paying the minimum amount on the due date. 

The loan payments are debited from your bank account at 00:00 hours on the due date. If you’re facing a problem and won’t have the required amount in your account, you can contact MyFlexCash at least 2 business days before the due date. 

There are other pros and cons of using MyFlexCash, including;


  • It’s available in all states 
  • Easy application process 
  • It’s a direct lender 
  • Quick funding 
  • No credit score limit 


  • High fees 
  • Tribal lender – don’t abide by state rules 
  • Strict eligibility requirements 


When do I receive the approved funds? 

If your funds are approved before 5:00 pm EST, you can access the money in your bank account on the next business day. 

How much can I qualify for? 

The amount of credit you qualify for will depend on a number of factors including your income and credit profile. For first-time borrowers, it’s unlikely that you’ll be eligible for the maximum loan limit. However, return customers with consistent on-time repayments can qualify for the maximum amount. 

Can I repay my loan early? 

Yes, there are no charges for paying off your loan before the due date. You can get a better chance of qualifying for a new and higher loan amount. 

How will I know if I have been approved? 

After registering and submitting an online application, you will receive a confirmation email. After your loan is reviewed and approved, you will be contacted by MyFlexCash underwriting representative. You will be notified of the loan amount and repayment terms that you qualify for. 

Eligibility Criteria

With MyFlexCash, there are very simple and few requirements to qualify for a loan. They include;

  • Have a monthly income of at least $1,000 
  • Have an active bank account 
  • Have proof of employment 
  • Have a valid phone number and email address 
  • Be 18 years or older 
  • Be a permanent U.S resident 

State Availability

Since MyFlexCash isn’t a state-regulated, it doesn’t have to abide by state laws and regulations. In that regard, it’s not restricted to offer credit facilities to any states. Residents of all 50 states can qualify to apply for a loan. 

Customer support

Myflexcash values all its customers and their customers support team is dedicated to offering you the best advice and assistance. Therefore, if you have any inquiries about your loan or eligibility status, you can reach them at 1- 866-868-3388. 

Application process

The application process is fast and you can complete it right at the comfort of your home. To apply for a loan with MyFlexCash here is a step by step guide;

Step 1 – Visit the MyFlexCash website application page and create an account. 

Step 2 – Fill in all the required information including, 

  • Your name 
  • Email address 
  • Phone number 
  • Residential address 
  • Social Security Number 
  • Monthly income 
  • Employment information 
  • Employer information 

Once you have filled all the fields, submit the application, and wait for the response. 

Step 3 – Check your email for the loan approval confirmation 

Step 4 – If your loan is approved, you will be offered a loan offer. Thoroughly read the loan agreement and sign. If you require any clarifications, you should raise it before signing the contract. 

Step 5 – Wait for the funds to be deposited into your bank account on the next business day. 

All loan applications submitted before 3 pm EST on weekdays, they are approved on the same day. You can expect to receive funding on the next business day. The money is deposited into your bank account.

All loan payments will be withdrawn directly from your checking account on the due date. 


MyFlexCash is an ideal financial institution for all financial emergencies. Besides accepting all credit profiles, the application process is simple, and funding takes place within the next business day. 

As well, their customers’ support team is responsive and ready to answer any questions or queries you have regarding your loan. Why don’t you try MyFlexCash today!