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MaxLend installment loans review

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Get up to $1,000 as a first-timer, with loans of up to $2,500 and lower rates for repeat borrowers.

MaxLend is a tribal-based lender offering short-term loans through an easy, quick online application.

MaxLend does not offer loans to residents of Arkansas, California, Connecticut, Georgia, Hawaii, Massachusetts, Minnesota, New York, North Dakota, Pennsylvania, Vermont, Virginia, Washington, or West Virginia. If you live in one of these states you can visit our state directory to see loans available in your state.


Max. Amount

As soon as the next business day

Turnaround time


Product NameMaxLend Installment Loans
Max. Amount$2,500
Loan TermUp to 9 months
Turnaround TimeAs soon as the next business day
RequirementsMust be at least 18 years old and a US citizen, have a valid bank account and provide a verifiable source of income.
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What are the benefits of a MaxLend installment loan?

MaxLend offers loans of up to $1,000 for first-time borrowers and up to $2,500 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:

  • 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.
  • 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.
  • 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.

What exactly is an installment loan?

An installment loan is a way to get fast, short-term credit available to those with low credit scores and income. Installment loans come with much higher APRs than personal loans, but are usually less costly than payday loans. The average installment loan term is one to six months. But you’ll find lenders that offer extended terms of up to a year or longer.

What to watch out for

Many online users complain of MaxLend’s offers to extend current loans that come with exorbitant processing fees of $350 or more. Other potential drawbacks include:

  • Tribal lender. The ability to self-regulate lending codes has led to a lot of controversy surrounding tribal lenders and their practices.
  • High APRs. Depending on your term and loan amount, you can see APRs as high as 841%.
  • Fees and penalties. You’ll pay fees and penalties if you don’t repay your loan on time. Carefully read your loan agreement to avoid the pitfall of hidden costs.
  • First-time loan restrictions. Returning borrowers with MaxLend receive more competitive APRs and loans of up to $2,500, versus the maximum $1,000 for first-time borrowers.

Compare installment loan providers like MaxLend

Updated October 24th, 2019
Name Product Filter Values Max. Loan Amount Loan Term Turnaround time
Up to 1 year
As soon as the next business day
Borrow up to $1,200 — but only if you live in Missouri or Utah.
6 months to 6 years
As soon as the next business day
Get connected with multiple lenders you might qualify with — even if you have bad credit.
9 to 36 months
1 business day
Comes with the option to change your due date so you won’t fall behind on repayments.
1 to 2 business days
Get access to tools to help you plan a career move, make some extra cash or search for a better-paying job.
Same business day to 1 business days
Get a flexible installment loan with fast funding through one easy online application form.
Same business day to 1 business days
Get offers from potential lenders in minutes by filling out just one online form.
90 days to 72 months
As early as 1 business day
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
Varies by state
Varies by state
1 business day
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 warning about short-term loans

Short-term loans can offer access to quick cash in an emergency, but they come with high interest rates that can make them wildly expensive, especially compared other personal loans. You could also be subject to hidden fees if you fail to pay back your loan on time.

Be skeptical when you see providers offering incentives — like lower APRs or better repayment terms — that encouraging repeat borrowing. To avoid potentially falling into a debt spiral, first look into alternative options before deciding on a short-term loan.

Am I eligible for a loan with MaxLend?

MaxLend’s online loan application is easy to complete. For loan approval, you must:

  • Be at least 18 years old.
  • Be a US citizen.
  • Have a valid bank account.
  • Provide a verifiable source of income.

MaxLend 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.

How do I apply?

You can apply online or by phone. To apply by phone, call 855-975-9167 and speak with a MaxLend representative who’ll complete your application.

To apply online, follow the four steps below:

After you’ve submitted your information, a MaxLend representative will call you during business hours to verify your information. If your loan is approved, you will receive an email confirmation that contains a copy of your application. Funds are deposited into your account within one business day.

I got the MaxLend installment loan. Now what?

  • Don’t miss a payment. Review your payment schedule carefully and do your best not to miss a payment. Late payments come with fees and penalties.
  • Pay off your loan early. MaxLend has no penalty for paying your loan off before the due date. Avoid excess interest with early repayment.

Bottom line

A MaxLend installment loan could provide you with quick cash in an emergency, but be aware of high interest rates and penalties for missed payments that come with many lenders.

While OK for covering financial blips, these short-term loans should be used only as a last resort. Compare other short-term loan lenders to secure the cheapest loan for your needs.

Frequently asked questions about MaxLend

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  1. Default Gravatar
    March 1, 2019

    Can I do monthly payment with a Loan of $2000

    • AvatarStaff
      March 5, 2019

      Hi Bernadette,

      Thank you for leaving a question. Have you already applied for a loan with MaxLend? This will depend on the repayment option that you will be selecting for the loan. You may send an email to customerservice@maxlend.com or speak to a Maxlend representative at 1-877-936-4336. Hope this helps!


  2. Default Gravatar
    December 16, 2018

    How do I pay off my loan early?

    • AvatarStaff
      December 18, 2018

      Hi Joann,

      Yes, you can pay your loan back early without penalty. It may reduce the finance charges you pay. Each loan you pay back in full with no missed or late payments also counts toward advancing levels in MaxLend Preferred, our Rewards program.
      You may want to call them directly to check the policy status and to discuss how to go about it. You may locate their phone number in their website.

      Hope this helps.


  3. Default Gravatar
    October 1, 2018

    Can I make my monthly payment by credit card

    • AvatarStaff
      October 1, 2018

      Hi Ed,

      Thank you for leaving a question.

      Depending on your agreed upon method of repayment, credit card payments may be accepted. To know further on what options you have on making your repayments you may send an email to customerservice@maxlend.com or speak to a Maxlend representative at 1-877-936-4336. Hope this helps!


  4. Default Gravatar
    June 19, 2018

    do you accept metabank bank accounts

    • AvatarStaff
      June 19, 2018

      Hi Tammy,

      Thanks for getting in touch with finder.

      MaxLend does not have specific list of banks where they can deposit your borrowed money. One of their requirements is having a valid checking account. See their other eligibility criteria below:

      *Be at least 18 years old.
      *Be a US citizen.
      *Provide a verifiable source of income.

      Your financial situation and repayment capability will also be assessed for the Lender’s approval.

      I hope this helps.

      Let us know if there is anything else that we may assist you with.


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