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Ways to Spend Your Flex Loan This Summer

Your Kansas Line of Credit Can Fund Important Purchases

There are no rules about how you should spend your flex loan from Midwest Title Loans this summer. How you use your cash is up to you — and we know all of our clients have a good reason for requesting a loan. We’ve compiled a list of common ways our valued clients use their money so you can get an idea about how a flex loan might benefit you. First, let’s discuss the basics!

Flex Loans in Kansas City, Kansas

A flex loan is technically a line of credit that you are approved for based on the value of your car and your ability to pay back a loan based on your income and monthly budget. Like a car title loan, a flex loan uses your clear car title as collateral for the loan.

Flex loan lines of credit let you borrow up to a certain limit whenever you need money. You can borrow the full amount of credit we extend to you, or you can borrow smaller amounts. As you pay back the money you’ve borrowed through your flex loan, you increase your available credit, until it reaches its full amount when you pay it off.

flex loans

You can leave your account open with us and borrow cash against your line of credit at any point without having to reapply or seek approval for a new loan. Just call us before you visit one of our Kansas locations and we’ll have your money ready for you when you arrive.

Qualifying for a flex loan is simple. Even if you have bad credit or a scarred credit history, you can still be approved for a loan at Midwest Title Loans, where we never check your credit. To get a Kansas flex loan, you must be at least 18 years old, show us your valid photo ID, provide proof of employment, and bring both a drivable vehicle and its lien-free title in your name when you apply.

Interest on Flex Loans in Overland Park, KS

Interest on flex loans is calculated on a daily rate, but you only pay interest on the amount of money you’ve borrowed, for the duration of your loan. For example, if you borrow money for one week, and pay it back with your next paycheck, you are only charged interest for the week you borrowed the money.

When you pay back money you borrow, your line of credit remains available to you, interest-free, should you need cash at a later date. You can borrow from your line of credit over and over again, and only pay interest on the amount of money you have out at any given time.

Spending Your Flex Loan

Not sure if a flex loan is right for you? Here are some ways our clients use the cash they get from us to improve their lives.

Home repairs. Patching a roof, putting down new flooring in a bedroom, or retiling the shower stall can be surprise necessities that you simply weren’t prepared to pay for, but are important for safety and comfort at home. Small-scale home repairs can be taken care of with cash from a flex loan.

Car repairs. Car breakdowns never happen at a good time. And if you’re a family, sometimes you need more than one car to get the kids where they need to go while simultaneously going to work yourself. Solving that scheduling problem with only one vehicle can be a nightmare, so repairing your household’s second vehicle becomes urgent!

Replacing appliances. If your stove or washing machine is broken beyond repair, it’s important that the appliance is replaced quickly so you can resume your daily life. Unfortunately, appliances like these can cost several hundred dollars upfront, while running them saves you thousands per year because you don’t have to dine out every day or go to a laundry center to wash your clothes.

Medical bills. When you’re sick or injured, you don’t have the option to not seek medical care if you want to continue working and living your life. Expensive medical bills can make you feel sicker just thinking about them, but a flex loan can cover a monthly medical payment when your paycheck just can’t stretch any further after being sick and missing work.

Furnishing a nursery. Congratulations! You’re expecting a new baby! But that baby will need a place to sleep, and you’ll need furniture to get the nursery set up for your baby’s arrival. If your child’s due date is just around the corner, and you need to get nursery furniture fast, a flex loan is a good option.

High utility bills. Summer heat can be unbearable in Kansas, so turning on the air conditioner is a welcome reprieve — until you get your electricity bill. If your utility bills are unexpectedly high and your regular take-home pay won’t cover them, a short-term loan can help you keep your lights on.

Registering your vehicle. If your car registration is expiring and you need to renew your registration and license, a short-term flex loan can cover those fees when you’re short on cash.

Making up for cut hours. If your work hours were cut this week, but you know you’ll have plenty of overtime next week to make up for it, a short-term loan bridges the gap between paychecks and relieves your financial stressors.

Choose Midwest Title Loans When You Need Fast Cash

When you need to borrow money, don’t waste time talking to multiple traditional lenders who will turn you down repeatedly. Come to Midwest Title Loans! For almost 25 years, we’ve helped Kansas residents get the money they need and established a reputation of trust in the area.

If you’re ready to solve a financial problem with a short-term loan, contact us today, or visit us in-person at our office in Overland Park on Metcalf Avenue at W. 82nd Street or Kansas City, KS on State Avenue at North Washington Boulevard.


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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