Split your rent into two payments
Flex gives you access to a credit line so you can pay part of your rent later and breathe easier each month.
How Flexible Rent works
Pay part of your rent upfront
Pay part of your rent upfront
When rent is due, you make your 1st payment.
Rent gets paid in full
Rent gets paid in full
Your 1st payment and what you borrow from a revolving credit line is combined to pay your full rent to your property.
Pay us back on your schedule
Pay us back on your schedule
Make your 2nd payment to pay off your credit line before the end of the month.
Build credit history
Build credit history
Your on-time rent payments may be reported to TransUnion to help you establish payment history and build your credit profile.
How Flexible Rent works
Pay part of your rent upfront
Rent gets paid in full
Your 1st payment and what you borrow from a revolving credit line is combined to pay your full rent to your property.
Pay us back on your schedule
Make your 2nd payment to pay off your credit line before the end of the month.
Build credit history
Your on-time rent payments may be reported to TransUnion to help you establish payment history and build your credit profile.
Get ahead of rent with Flex Funds
With Flex’s wallet, you can set money aside whenever you have it—making budgeting even easier. When it’s time to pay, we’ll apply your Flex Funds directly to your payment. You can also withdraw them if plans change.*
*Some users may not have access to this feature yet. Limitations apply.
Take control of your finances
Flex membership is $14.99/month which gives you more control, flexibility, and financial peace of mind—every month. 1% bill payment fee also applies when you pay rent through Flex.*
*You may be subject to an additional $3 property passthrough fee for each month you use Flex, depending on your property. There is no processing fee when paying with a debit card. An additional 2.5% processing fee applies when using a credit card.
Frequently asked questions
Can I change my payment schedule?
You have the flexibility to reschedule your 2nd payment directly in the Flex app after your rent is processed. When rescheduling, you can choose any business day up to the last day of the current month.
What happens if my rent fluctuates month over month?
We understand that rent amounts can vary each month, so Flex will adjust the amount of your payments to cover small fluctuations. However, if the rent amount posted by your property is significantly higher or lower than the estimated rent amount you provided during sign-up, Flex will ask you to confirm the rent amount that our system should process before submitting your rent payment.
How do I know if I’m eligible to use Flexible Rent?
You must be 18 years of age or older and qualify for a Flex credit line, which we evaluate when you apply, based on your credit report information, payment history, and other factors. You also need to have a debit or credit card to make your payments to Flex. Please note that your rent portal must allow online payments via ACH or debit card, and not all properties qualify for all Flex services.
What is rent reporting?
Rent reporting is an optional feature that is included in your Flexible Rent membership. When you pay your rent with Flex, we will automatically report your on-time rent payment to TransUnion – building your on-time payment history. Flex will never report anything but on-time payments to the credit bureau(s). More details on rent reporting here.
I don’t see my property listed during onboarding, can I still use Flexible Rent?
If your property is not yet integrated with Flex, you can still use Flexible Rent! Once you successfully sign up for Flexible Rent, you’ll receive a welcome email with specific instructions on how to submit your rent with a Flex bank account or debit card.
Do I need to use Flex every month?
Flexible Rent is designed to give you the freedom to use it when it works best for you whether that’s every month or as needed. With your monthly membership fee, your Flex credit line stays active and ready for when you need it. If you cancel your Flex account, you’ll need to re-apply to use Flexible Rent again in the future.
Flexible Finance, Inc. (“Flex”) is a financial technology company, not a bank. All lines of credit, banking services, and payment transmissions are offered by Lead Bank. An application and credit assessment are required for approval. Credit line amounts vary based on eligibility (graphics are illustrative only); to access a credit line, you are required to make timely payments each month. Unsecured lines of credit are provided for a recurring monthly membership fee of $14.99 at 0% APR. A bill payment fee of 1% of your total rent is also charged when you pay your rent using the Flex app (additional card processing fee applies when using a credit card). Memberships automatically renew until canceled. Secured lines of credit are provided at 0–9% APR based on your credit worthiness. You are required to maintain a security deposit with Lead Bank. Other third party fees may apply. See your offer for more details. Positive rent payment history and information about your line of credit may be reported to one or more national credit bureaus. Terms and conditions apply. All loan proceeds are disbursed by Lead Bank; neither Flex nor any of its subsidiaries disburse loan proceeds or engage in the movement of consumer funds. Brokering activities are performed by Flexible Finance Brokering, Inc. Servicing and collection activities are performed by Flexible Finance Servicing, Inc.
Licenses
Flexible Finance Brokering, Inc., Nationwide Multistate Licensing System (“NMLS”) ID #2599800
Flexible Finance Servicing, Inc., NMLS ID #2256673
Please refer to NMLS Consumer Access for information on our licenses
Vermont Residents: THIS IS A LOAN SOLICITATION ONLY. FLEXIBLE FINANCE BROKERING, INC. IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS.
*Individual results vary. Average outcome for customers who opened a Credit Builder account for use in September 2024 with a starting VantageScore 3.0 with a credit score below 560 and made consistent, on-time payments for at least one month. Factors other than on time payments, including interactions with other creditors, also play a role and may impact results. Payment history will be reported to TransUnion. Past performance does not guarantee future results, and a credit score increase is not guaranteed.
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