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How Do Flex Loans Work in Kansas?

Get One of the Best Short-Term Loans in as Little as 20 Minutes

When most people think of a car title loan, they think of the traditional kind: a short-term loan that gets you cash fast in Kansas City using your car title as collateral. They also think car title loans as being temporary loan solutions that you must re-apply for each time you need money.

And those are both accurate! Car title loans make getting money quickly very easy, if you have a clear car title in your name. However, a type of car title loan called a flex loan in Kansas City, KS is a short-term loan that offers long-term access to cash.

flex loan

What is a Flex Loan?

The flex loan definition is a line of credit you take out using the value of your car. When you are approved for a Kansas flex loan, Midwest Title Loans gives you a credit limit. You can borrow as little as you want or as much as you want up to that limit. You can then re-borrow that same money again and again at any time! With a flex loan, you can have access to money, just waiting for you, any time you need it.

Flex Loan Interest

You repay your flex loan on a daily interest rate. You will only pay interest on the money you are borrowing, and not only the remaining money in your line of credit.

For example, if you have a $1,000 line of credit, but you only need $200, you can borrow $200, and only pay interest on the amount. The remaining $800 will not accrue interest.

If you only need that $200 for a week and pay it back, the interest only accrues for that time period. You will not accrue interest if you do not have an active loan from your flex loan line of credit.

What Are the Benefits of a Flex Loan?

The first benefit we always share is that flex loans are named because they give you flexibility. You can borrow money from your line of credit with Midwest Title Loans over and over again.

As you pay down your flex loan, you are increasing the amount of money you have available later when you need it. If you aren’t using it at all, you don’t have to pay anything to us to maintain that line of credit.

A flex loan in Kansas gives you access to money quickly. Because you don’t need to reapply or submit documents like pay stubs or make statements each time you need money, you can get in, get your cash, and leave in minutes. All you have to do is call us before you arrive, and we’ll work hard to have your money ready for you when you arrive.

Taking Out a Loan with Bad Credit

If you don’t have credit or have poor credit, a bank or credit union might be wary of lending you money. Traditional lenders judge your eligibility for a loan by looking at your credit history and essentially holding your credit score hostage to encourage you to pay the loan back on time. And they leverage hefty penalties if you don’t: repossessing your valuables, suing you for interest, and wrecking your credit score for a long time.

With a flex loan, bad credit or no credit history are not problems. If you’ve been researching flex loans online, then you know flex loan lenders like Midwest Title Loans will never check your credit, nor will they report your loan to a national credit bureau. We think it’s only right to extend credit and trust to anyone who can pay back one of our loans, no matter their current credit score or past credit issues. We only ask that you use your car — one item — as collateral for the loan. At Midwest Title Loans, we’re also flexible with our payment plans to help you pay back your loan in a way that fits into your monthly budget.

How Do I Apply for a Kansas City Flex Loan?

Flex loans don’t require any special documentation other than the basics we ask for when you take out an equally-fast car title loan. Anyone at least 18 years of age or older can take out a flex loan in Kansas. To get a loan, you will need to bring with you:

  • A drivable vehicle for evaluation. You must bring the car to one of our Kansas branches located in Kansas City, KS or Overland Park, KS. We will check it over to determine its value.
  • A lien-free title to the vehicle, in your name. You must own the car you bring in, and the car title must be clear – that means no other liens are currently on the title.
  • A valid photo ID. We most commonly see driver’s licenses to satisfy this portion of the application.
  • Verification of income. Your most recent pay stubs showing about one month of pay will prove your monthly budget allows you to pay back a car title loan or flex loan.

Midwest Title Loans Gives Short-Term Loans in the Kansas City Metro Area

Great news! If you live near Johnson County, Kansas or Wyandotte County, Kansas, flex loan lender Midwest Title Loans is close by!

Why waste your time filling out loan applications with banks, or feel embarrassed asking for money from friends and relatives, when you could have the money you need in as little as 20 minutes? Issuing fast car title loans and flex loans are our specialties.

If you’re ready to take advantage of the money you’ve already invested in your vehicle, come to one of our branches in Kansas City, Kansas at 2500 State Avenue or Overland Park, Kansas at 8212 Metcalf Avenue to get started. To learn more about flex loans or fast car title loans online, visit our website. We look forward to helping you soon!


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330 W. 85th Street
Kansas City, MO 64114
Phone: (816) 363-8600
M-F: 10:00am – 6:00pm
Sa: 8:00am – 1:00pm

6420 North Oak Trfwy
Gladstone, MO 64118
Phone: (816) 436-7711
M-F: 10:00am – 6:00pm
Sa: 9:00am – 2:00pm

8212 Metcalf Ave.
Overland Park, KS 66204
Phone: (913) 381-2222
M-F: 10:00am – 6:00pm
Sa: 9:00am – 2:00pm

2500 State Ave.
Kansas City, KS 66102
Phone: (913) 281-9997
M-F: 10:00am – 6:00pm
Sa: 9:00am – 2:00pm