ExtraLend.com installment loan connection service review | finder.com

ExtraLend.com installment loan connection service review

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What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the product issuer's website. You do not need to be an existing customer of this provider to apply.
  • Your application will typically take you no more than 10-15 minutes to complete.
  • Conditional approval will typically happen within 1 business day after submitting your application. In many cases, you will have your funds within a week.
Click here to start your application >>

Get an installment loan of up to $3,000 with this online loan connection service.

An installment loan is a loan with a predetermined number of scheduled payments. When you apply for an online installment loan through ExtraLend.com, it’ll work to pair you with a lender that could deposit your approved funds directly into your bank account in as little as one business day.

ExtraLend.com does not offer loans to residents of Arkansas, New York, Vermont or West Virginia. If you live in one of these states visit our payday loan guide to compare loans near you.
Product NameExtraLend.com Installment Loans
Min. Loan Amount$100
Max. Loan Amount$3,000
Loan Term6 months to 2 years
Loan SecurityUnsecured
Turnaround Time1 business day
RequirementsMust be at least 18+ years old, legally work and live in the US, have a bank account in your name and be employed with sufficient income.
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  • You must be at least 18 years of age
  • Legally work and live in the United States
  • Have a working telephone number and email address
  • Have a bank account in your name
  • Be employed for at least 90 consecutive days with the same employer
  • Meet minimum income guidelines

How does ExtraLend.com work?

ExtraLend.com is not a direct lender. Instead, it is a service that connects borrowers with short-term loan lenders.

ExtraLend.com’s network of lenders provide installment loans of up to $3,000. To apply for a loan, you must first complete a free application on ExtraLend.com. If you qualify for a loan, ExtraLend.com connects you with a lender.

If you’re offered a short-term loan and accept the terms and conditions, you could receive your funds in just one business day.

Top three reasons to use ExtraLend.com’s service

  1. Free online application. ExtraLend.com’s simple and secure application process takes just minutes to complete.
  2. Easily find a lender. ExtraLend.com quickly connects you with lenders and loans you qualify for.
  3. No obligation offers. You’re free to select the offer that best fits your financial needs — and you’re not obligated to accept any of them.

What to watch out for

Installment loans can be handy in a financial pinch, but be wary of several potential drawbacks that include:

  • High APRs. Some lenders seek to capitalize on their borrowers with high interest rates. Don’t be surprised to find APRs as high as 1,386% with this one.
  • Late fees and penalties. Paying late or paying off your loan early or late can result in hefty hidden fees.
  • No loan guarantee. Applying for a loan through ExtraLend.com does not guarantee you a loan. The success of your application depends on whether you meet the eligibility criteria of the lenders in its network.

How does ExtraLend.com compare to other providers?

A selection of online installment loans

Updated May 24th, 2019
Name Product Filter Values Max. Loan Amount Turnaround Time Requirements
$5,000
1 business day
Direct deposit, meet minimum income requirements
Comes with the option to change your due date so you won’t fall behind on repayments.
$2,600
1 to 2 business days
Active checking account, regular source of income, email address
Get access to tools to help you plan a career move, make some extra cash or search for a better-paying job.
$50,000
1 business day
Must be employed and receive regular income, earn at least $800 a month, have a checking account and be an 18+ years old legal US citizen.
Get a flexible installment loan with fast funding through one easy online application form.
$35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
$15,000
1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
$10,000
As early as 1 business day
$1,000+ monthly income after taxes, valid checking account
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
Varies by state
1 business day
Regular source of income, bank account, US citizen or permanent resident, ages 18+
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.

Compare up to 4 providers

A selection of loan connection services

Updated May 24th, 2019
Name Product Filter Values Max. Loan Amount Turnaround Time Requirements
$35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
$15,000
1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
$50,000
1 business day
Employed, $800+ regular monthly income, checking account, ages 18+, US citizen
Fill out a simple online form to compare offers from several lenders that may be able to help.
$10,000
As early as 1 business day
$1,000+ monthly income after taxes, valid checking account
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
$1,000
1 business day
Valid bank account, proof of employment or steady income, US citizen, ages 18+
No credit? Past bankruptcy? One of the lenders in its network may still be able to help.
$1,000
1 to 2 business days
Employed, $1,000+ monthly income after taxes, US citizen or permanent resident, ages 18+
Use its repayment calculator to see how the loan term and amount you borrow affects the overall cost.

Compare up to 4 providers

A general warning about installment loans

Short-term loan products like installment loans offer quick access to capital but are associated with steep interest rates and non-negotiable fees.

The drawbacks of short-term loans could outweigh the perks. To avoid slipping further into debt, explore alternative financing options before applying for an installment loan.

Is ExtraLend.com legit?

Yes. ExtraLend.com is a reputable loan connection service. Its website keeps your information safe and secure through data encryption. Keep in mind that ExtraLend.com will share your information with its partner lenders in order to connect you with an installment loan. You may also receive promotional materials from other companies if ExtraLend.com shares your information for marketing purposes.

Am I eligible for an installment loan through ExtraLend.com?

ExtraLend.com can’t guarantee you a loan, but your chances of success are higher if you’re:

  • At least 18 years old.
  • A US resident with a valid bank account.
  • Employed for at least 90 days with the same employer.
Go to site

How do I apply?

  1. Click the Go to site button on this page to be directed to the application form. Start by entering the amount you’d like to borrow, your ZIP code and your email address, then click Get Started.
    ExtraLend apply from homepage
  2. Enter your personal information, including your address, Social Security number and date of birth. Click Next Step.
    ExtraLend Apply second screen

3. Enter your employment and income details. Click Next Step.
ExtraLend application form

4. Provide your bank account information, including your account and bank routing numbers.

ExtraLend application form step 2

5. Finally, review the Privacy Policy and Terms of Use. If you agree, click Submit to submit your application.

ExtraLend apply, terms and conditions

Go to site

I got a loan through ExtraLend.com. Now what?

  • Don’t miss a payment. Keep track of your payment schedule to meet payment due dates. You could also set up automatic payments through your bank account. Late or missed payments come with stiff fees and penalties.
  • Avoid refinancing your loan. If you’re unable to meet the terms of your loan, ExtraLend.com will work with you to refinance any remaining amount — or even increase it. It may sound tempting, but instead look into alternatives to avoid becoming entangled in a debt spiral.

Bottom line

ExtraLend.com’s installment loan connection service can streamline the loan application process. But the service does not guarantee you a loan, you’ll need to carefully review your specific lender’s terms and conditions before making a decision.

A short-term installment loan could get you over a financial hump. If you have time or creditworthiness on your side, consider your other installment loan options.

Frequently asked questions about ExtraLend.com

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