Financial emergencies are inevitable, and sometimes you may need to borrow before your next payday. Although many online sites promise heaven and earth when offering personal loans, it is still very important to perform a background check and find a legit and good lending platform that matches your financial needs.
MaxLend is a lending site for emergency personal loans. Interested in learning more about MaxLend? You've come to the right place; this article will provide you with all the necessary information you need.
MaxLend is an alternative digital lending platform for payday loans. The website offers fast installment loans of up to $ 3000, a great alternative to the usual payday loans that have to be paid back in full when they are due.
MaxLend makes it easy to apply for loans because the entire process is done online. In addition, loans can be available in your bank account within 24 hours after application, and you do not need a good credit score or collateral to apply since the loan is unsecured.
To get a loan on MaxLend, you must first fill out an application form on the site. On the application form, you need to add information like the amount of loan you are requesting, your bank details, your social security number, and your income.
Once you have submitted the application form, a customer representative will call you to verify the information you have provided; alternatively, you can call them.
MaxLend will then send you a copy of your application through email, which you can save or print for your records. You will then e-sign the loan documents, and if approved, the money will be sent to your bank account. The process takes about 24 hours, and it may take longer for you to access your cash once it is in your bank account.
The requirements for getting a loan on MaxLend are minimal compared to traditional lenders. The following are the requirements for getting a loan on MaxLend:
The interest on MaxLend is relatively high compared to other payday loan platforms. This is because the payments are in installments and not paid at once.
The annual percentage rates range from 471% to 841%, depending on the duration of the loan.
The interest pricing fee is based on per $100 borrowed. For example, if your loan amount is $100 and the payment is weekly, the fee will be up to $14.75 for every $100 you borrow. For a monthly payment, the fee amount will be $59 for every $100 borrowed.
The minimum loan amount on the platform is $100, while the maximum loan amount for returning users is between $1,500 and $3,000. For first-time users, you can qualify for up to $1,475.
The benefits when applying to MaxLend are the following:
Maxlend offers fast installment loans of up to $3,000 with a repayment period of up to 9 months for new users.
Maxlend loan is a good lending platform for emergencies. It's also a good platform for those with a bad credit score or those needing an unsecured loan. Additionally, it is convenient since it's online and fast since withdrawals can be made within a day.
Maxlend should be used as a last resort; However, before you apply on MaxLend, you should first read the terms of the loan agreement before you sign them so that everything is.
If you get a loan on Maxlend, make sure to repay it per the agreement. Failing to pay back the loan on time can result in additional charges that can sink you more into debt.
Maxlend customer support is available 24/7. If you have further inquiries, you can contact them via telephone at 877-936-4336 or via email at CustomerService@MaxLend.com or Webmaster@MaxLend.com.