Maxlend, online installment loans up to $3,000

Maxlend is an online financial institution that offers personal loans between $100 and $3,000 with a repayment term that ranges from 7 days to 9 months. The requirements to obtain the money are very low, and you can receive a loan even with a bad credit score or no credit history.

More interesting loans

Reviews, evaluations and opinions of our experts on the products and services that appear on this page are totally objective and independent. Some products may be from our partners who compensate us, which may influence where and how they are displayed. Advertising disclosure.

Loan benefits
Without Payroll: No
With Bad Credit: Yes
Cash: No
Loan limits
Minimum term: 7 days
Deadline: 9 months
Minimum amount: $ 100
Max amount: $ 3,000

More info about Maxlend

The need for money is a constant in our lives and there are different options to borrow money. One of them is Maxlend, an online platform that offers you installment loans of up to $3,000 and with very low requirements.

If you want to know how to apply for a loan with Maxlend and what are the conditions to be able to do it through the Internet, here we tell you.

Basic requirements to request a Maxlend personal loan

When you compare what is demanded of you in Maxlend with respect to more traditional lenders, you will see that there is very little to satisfy. That said, you're going to need the following:

  • Live in one of the states where they operate: Alabama, Alaska, Arizona, California, Colorado, Delaware, District of Columbia, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Mississippi, Missouri , Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Wisconsin, and Wyoming.
  • Have citizenship or permanent residence and be over 18 years old.
  • Have a checking account that meets the minimum opening time requested by Maxlend.
  • Provide a verifiable source of income whose funds are deposited into your account and that meet the minimum required by the platform.
  • Not be involved in a bankruptcy application process or intend to voluntarily file a declaration of bankruptcy.

That's all, you do not need to have a minimum credit score to be able to receive money from Maxlend, since they are bad credit loans and no credit check loans, if you have not yet started your credit history.

How to apply for a quick loan with Maxlend

Maxlend's loansWhen visiting the Maxlend platform, you must first make sure that you meet the requirements that they ask you to have greater opportunities for approval. If you have what is necessary, you can proceed with the online form:

  • Take the time you need to fill out the fields on the form. After they review your documentation and get pre-approved, you have to digitally sign to complete the process.
  • A customer service representative will then contact you to verify your information (you can also call them). Once they have verified your data, they will send you a copy of the application to your email. We suggest you print it out and keep it for your records.
  • The final step is simply waiting for the money to be deposited into your account. This can happen the same day or 1-2 business days later, depending on the time or your bank.

Maxlend Quick Financing Terms

The first thing you should know about Maxlend's loan conditions is that you can request amounts ranging from $100 to $3,000. However, when you first borrow money, you can only access a maximum of $1,500, regardless of whether you have a good or bad credit score.

As for the term, they give you a maximum of 9 months to repay and a minimum of one week if you consider that it would work better for you. In addition, it gives you a discount when you decide to apply for a second loan.

Although they do not charge you for paying in advance, there are commissions for late or partial payment and for not paying completely.

Rates and commissions of these fast loans

Another important detail about this financing platform corresponds to the APR. Maxlend's annualized effective interest rate is between 471% and 841%. According to the BBB this is within the range of a payday loan, which means you could end up paying a lot of money at the end of the term.

On the other hand, there is a fee for every $100 you borrow, the amount of which depends on the duration of the loan. When you are a first time customer, the charge is $14.75 for the weekly fee.

This goes up to $29.50 for biweekly/biweekly periods and up to $59 when paying every month. These fees are reduced when you ask for money a second time.

Who are the owners of Maxlend

The Maxlend company belongs to the Arikara, Hidatsa and Mandan Nation tribes, which are recognized as sovereign people by the United States government. Based on the Fort Berthold Reservation (ND), they have been in the market for about 10 years and their policies are not tied to federal regulations.

What users think about Maxlend

The fact that this personal loan platform has been on the market for about 10 years does not mean that there is reliable information about its reputation.

Most of the time you will have to rely on the opinion and experience of those who have decided to use this financing alternative to solve a liquidity problem.

When we look at their reputation on Best Company, they show a rating of 3.4 out of 5. On TrustPilot the score is even higher, coming in at 4.4 out of 5, which means that there are a lot of users who are satisfied with the service by Maxlend.

Maxlend - P.O. Box 760 | Parshall, ND 58770

Versión en español

Best quick loans

Personal loans online even with bad credit
Quick online loans up to $50,000
Fast loans up to $50,000 for whatever you want.
Fast online loans even with bad credit.
Personal loans even with bad credit score
Quick online personal loans
Fast loans online and offline, even with bad credit.