Just because you’re short on funds doesn’t mean you’re short on options. MaxLend can deliver up to $2,000 to your bank account as soon as the next business day!
An installment loan is a convenient way to borrow money and pay it back over several payments. Your payment amount will be an equal amount with the potential exception of the first and last payments. The payment schedule is developed based off the loan amount, interest rate, and number of payments. MaxLend offers customers a variety of products based upon the periodicity of their income. For example customers that are paid biweekly and semimonthly have a 12 payment product, weekly have a 24 payment product and customers that are paid monthly are offered a 6 payment product and all programs are over approximately 6 months.
All of MaxLend customers have the option of paying off the loan at any time without any penalties or fees other than the interest owed through the day that they pay off. In the event that the customer wants to make extra principal payments they can on regularly scheduled payment dates. Any additional principal payments may shorten the total number of payments and potentially lower the overall finance charges paid. It is the customer’s choice how long they need the loan for and MaxLend promotes responsible borrowing.
MaxLend offers loans of up to $1,000 for first-time borrowers and up to $2,000 for returning customers. The loan amount and APR you ultimately qualify for depends on MaxLend’s assessment of your creditworthiness, along with such factors as the amount and frequency of your income.
Benefits of an installment loan with MaxLend include:
1. Quick, easy application. After completing MaxLend’s online application, a MaxLend representative will call you to verify your information. If approved, your funds are typically deposited into your account within a business day.
2. No early repayment fee. Unlike other short-term loan lenders, MaxLend does not charge a fee if you find yourself able to repay your loan early.
3. Minimal requirements for approval. You don’t need good credit to get a loan with MaxLend, as long as you’re able to repay the loan.
MaxLend offers payday, personal loans, cash loans, installment loans, advance loans.
Online loan application is very easy to complete. For loan approval, you must:
Provide a verifiable source of income deposited into your checking account.
Have an open checking account that meets our “bank account minimum opened duration” requirements.
You need to be at least 18 years old and a United States citizen.
Your take-home pay has to meet our minimum income requirements.
You must not currently be a debtor in a bankruptcy case or presently intend to voluntarily file for bankruptcy relief.
The company assesses your application based on your ability to meet its minimum income requirements, which confirms to lenders your ability to repay your loan on time. To apply by phone call 877-936-4336
Max. Loan Amount $2,000
Loan Term 6 months
APR’s range from 471.7846% to 841.4532% depending on the duration of the loan and the loan origination fees.