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FlexFund Line of Credit Now Available Online in 7 States
Advance America has launched FlexFund: a new online line of credit built around flexibility, transparency, and busy schedules. If you’ve ever wanted a more flexible way to borrow money when you need it (and keep your credit line on standby when you don’t), FlexFund is for you.
What is FlexFund?
FlexFund is a new line of credit available exclusively online through Advance America. That means you can apply, manage your account, and request funds without visiting a store.
If approved, you get access to a reusable line of credit you can tap into on your terms. And unlike a one-time loan, FlexFund stays available for you to borrow, repay, and borrow again up to your approved limit — without reapplying.
Think of it as a financial safety net that’s ready when you are.
How does FlexFund work?
Opening a FlexFund line of credit from Advance America only takes a few minutes. Fill out our online application and, if eligible, you’ll see your FlexFund amount. This is the most you can access at one time, subject to your available credit.
From there, choose how much you want to borrow. You can take as little as $50 or your full FlexFund amount, or anything in between. How you use it is up to you.
Advance America’s FlexFund keeps costs clear and predictable. Instead of a traditional interest rate, there are two fees:
- Advance Fee. Charged when you request funds from your line of credit.
- Statement Fee. A recurring fee based on how much you owe each billing cycle.
You’ll know what you’re paying before you borrow, so you can decide what’s best for your situation.
Paying it back
Each billing cycle, you’ll have a minimum payment due. But you’re never locked into just paying the minimum.
Paying more than the minimum reduces your balance — and since your Statement Fee is based on what you owe, a lower balance means a lower fee the next cycle. The more you put toward your balance, the less you may pay in Statement Fees over time.
Your available amount also replenishes as you repay, so funds are ready when you need them again.
Who is FlexFund for?
FlexFund can be a good fit if you:
- Prefer managing your finances online
- Want a borrowing option with clear, upfront costs
- Need flexible, reusable access to funds — not a one-time loan
If that sounds like you, FlexFund was built with you in mind. You’re in control of when you borrow and whether you pay more than the minimum due.
Where is FlexFund available?
FlexFund is currently available online in Alabama, Delaware, Idaho, Kansas, Louisiana, South Carolina, and Wisconsin. We’re working to expand access to more states soon.
How do I apply?
It only takes a few minutes to complete our online application, and you can review your options without impacting your FICO credit score.
Before you apply, have your government-issued ID and proof of income ready.
FlexFund FAQs
Is FlexFund the same as a loan?
FlexFund is a line of credit, not a one-time loan. If approved, you’ll have a FlexFund amount to access whenever you need it — and you can borrow, repay, and borrow again as your needs change.
Does FlexFund charge interest?
FlexFund uses a fee-based structure rather than traditional interest. Each time you request available funds, you pay an Advance Fee. If you carry a balance, a Statement Fee applies based on your balance and payment frequency.
Can I request funds at a store?
FlexFund is an online-only product. Everything from applying to requesting funds is managed through your Advance America account.
If you’d prefer in-person service, our traditional line of credit may be a better fit.
Notice: Information provided in this article is for informational purposes only. Consult your attorney or financial advisor about your financial circumstances.
About the author
Jennifer McKnight is the Senior Content Writer at Advance America. Drawing on her past financial struggles, she’s driven to create relatable content that empowers readers on their journey to financial stability.