Flex evaluates your eligibility using a variety of factors including your credit report information, your banking information, and other information about your payment history.
What is fair credit?
Fair credit generally refers to a credit profile that demonstrates responsible financial behavior but may have some areas for improvement. It typically includes:
- A VantageScore in a reasonable range.
- No outstanding collection balances on non-medical expenses.
- A history of timely payments, with no significant delinquencies in recent years.
- Moderate credit utilization, keeping revolving balances at a manageable level.
- A balanced number of open credit accounts.
- Limited recent credit inquiries.