“To help meet short-term cash needs, eligible customers now have another option with the newest product from Wells Fargo & Company – Flex Loan. Flex Loan is a digital-only, small-dollar loan that will provide millions of eligible customers convenient and affordable access to funds when they need it most. Flex Loan is available now in select markets and will be available nationwide by the end of the year…Flex Loan is accessible through a seamless, easy experience within the Wells Fargo Mobile Banking app: Flex Loan is available to eligible customers in amounts of either $250 or $500 for a flat fee of $12 or $20, respectively. Eligible customers will see the offer in their mobile app. Once a customer accepts the loan and sets up their repayment plan (payable in four equal monthly installments), the funds are deposited into their Wells Fargo account within seconds, allowing them to use their Wells Fargo debit card to make a purchase or payment immediately. There are no applications, hidden fees, late charges, or interest charges.”
Wells Fargo Introduces Flex Loan to Give Customers More Options
Wells Fargo
