Citi Flex Loan Review: Cover Reduced Interest By Borrowing Against Your Credit Card
As an existing Citi mastercard customer, you could have obtained email or notices that you have an interesting funding solution -- also known as a Flex financing -- constructed into their credit card levels.
You may not use this solution daily.
Learn how it truly does work to see if try to keep they at heart for future borrowing from the bank on the Citi credit card.
What's Citi Flex Financing?
Citi Flex financing aren’t signature loans for the rigid feeling. (Citi currently offers common personal loans to individuals.)
They’re a lot more of a hybrid between signature loans and conventional bank card credit limitations.
But for practical uses, they are able to work much like your own financing, however with a much faster procedure.
Unlike traditional unsecured loans, for which you intend to make a formal software, Citi Flex Loans function in your present bank card arrangements.
If you have got a credit card with a current credit limit of $8,000, maybe you have a Flex Loan offer of $5,000 – or the entire number of their full credit limit.
You don’t must submit an application for a Flex financing after all.