FlexMoney Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan
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Four questions checked against FlexMoney's published criteria, per product. No application started.
Twenty is the number at FlexMoney, and the paperwork stays at zero unless income needs a second look.
A bankruptcy, consumer proposal or credit counselling programme currently in force stops the application. The criteria speak only to active enrolment. How long after discharge a file becomes workable is not published.
The application runs completely online with no physical documents. FlexMoney reserves the right to ask for income verification, and that is the single case where paperwork enters the file.
2 reviews from borrowers who used FlexMoney. Each is submitted by a verified borrower and moderated for authenticity; it renders as written, positive or not, and lenders cannot remove it.
I got approved and funded within a few hours. Simple process and the entire experience was fast and pleasant.
The entire application is online. Like this process a lot.
FlexMoney Canada is a fully digital installment lender with experience issuing fast online loans to Canadians since 2012. They're headquartered in Toronto but have experience lending from coast to coast.
FlexMoney's mission is to provide access to credit online.
FlexMoney offers affordable payments and loan terms ranging from six months to five years, providing installment loans that fit your needs.
FlexMoney are leaders in the digital lending industry. They’re one of the fastest options for an online personal loan in Canada and their application process is seamless. They're 100% online. Which means they take your privacy and security seriously. You can feel confident that with FlexMoney you are sharing your personal information with a Canadian based lender you can trust. Things like bank level encryption is just one of the tools they use to protect your information. Plus, they've helped over 1,500 customers and have funded over $6 million in loan funds.
You can borrow an online loan of $500 to $15,000 from FlexMoney.
Once you've accepted your electronic loan agreement, FlexMoney processes your loan payout immediately. Generally, for customers banking at a major Canadian financial institution you can receive your money within 24 business hours, or the next business day for after hours.
Once you accept, your funds will be automatically deposited into your bank account. This works the same fast way your employer might deposit your paycheque on your payday.
All customers applying for FlexMoney's Personal Loan need to be actively employed and receiving regular wages. Additionally, you need to be a Canadian resident that's over 20 years old, have a net income of $2,000 per month or more, have an open and active bank account, have a valid email and number, and lastly, cannot be enrolled in an active bankruptcy or credit counseling program.
Customers can apply quickly and conveniently online, or through their mobile device for installment loans up to $15,000 with terms between 6 and 60 months. These online loans are personal loans and are paid back through direct debit. They offer weekly, bi-weekly, semi-monthly and monthly repayment schedules.
Payments of your loan are automatically taken out of your bank account according to your payment schedule. All repayments must come out of the same account in which you receive your salary, or your primary source of income that you include on your application.
If you are new to FlexMoney, you may Apply by clicking the orange "Apply Now" button on their home page. If you are an existing FlexMoney customer, you may Apply via your FlexMoney My Account.
