MaxLend Personal Loans
in Personal Loans from Makes Cents Inc.
Would you recommend MaxLend Personal Loans to your friends?
| Community Rating | Strongly not recommended |
| APR (Fixed APR) | 471.78% - 841.45% |
| Loan Amount | $100 - $2,500 |
| Loan Term (Months) | 6 - 12 months |
| Number of Reviews | 77 |
MaxLend Personal Loans Review
MaxLend Personal Loans is offered by Makes Cents Inc., a direct lender founded in 2012 and based in Parshall, ND. MaxLend Personal Loans is available in 36 states (and Washington, DC).
- APRs starting at 471.78%. Personal loan interest rates typically range between 5% and 36%. The starting rates for MaxLend Personal Loans are on the higher end of the spectrum.
- Fast access to funds. In some cases you can get your money within 1 business day.
- Small-dollar loans. MaxLend Personal Loans has a maximum loan amount of just $2,500.
- Hard credit pull required. You can't check your rates or see if you prequalify for MaxLend Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
- No origination fee. MaxLend Personal Loans does not charge a loan origination fee.
- Short loan terms. MaxLend Personal Loans offers loan terms as short as 6 months. Most personal loans have a minimum term of 12 to 36 months.
- Minimum income of $10,200. You will need an annual income of at least $10,200 to apply for MaxLend Personal Loans, which is below average for the lenders in our database
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What interest rates and personal loan terms does MaxLend offer?
MaxLend has higher interest rates than the average for lenders reviewed on SuperMoney.
What interest rates does MaxLend offer?
MaxLend offers a fixed APR personal loan product that ranges from 471.78% APR up to 841.45% APR.
How much can you borrow via MaxLend?
Loan amounts start at $100 and go up to $2,500
What is the maximum personal loan term you can get with MaxLend?
MaxLend offers loans with terms ranging from 6 to 12 months.
| Personal Loan Amount | $100 - $2500 |
| Loan Term | 6 - 12 months |
| APR | 471.78% - 841.45% |
What fees does MaxLend charge?
Does MaxLend charge an origination fee?
MaxLend does not charge a personal loan origination fee.
A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does MaxLend charge a late fee?
Yes, MaxLend may charge borrowers a late payment fee if you miss one of the monthly payments.
Does MaxLend charge prepayment fees?
No, MaxLend does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | N/A |
| Prepayment Fee? | No |
| Late Payment Fee | N/A |
What do you need to qualify for MaxLend Personal Loans?
When it comes to credit scores, Makes Cents Inc. doesn't have a set minimum or maximum. People with all types of credit scores can apply. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
To qualify for personal loans with MaxLend Personal Loans, applicants need a minimum annual income of $10,200 or higher. MaxLend Personal Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the MaxLend Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by MaxLend Personal Loans. Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Recent pay stubs
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | 300 - 850 |
What is the estimated funding time for a personal loan via MaxLend?
MaxLend will typically approve (or deny) a loan application within 24 hours and fund loans within 3 business days of approval.
Contact
- Headquarters
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PO Box 10
Parshall, ND 58770 - Visit Site
- Email Support
About MaxLend Personal Loans
Availability
- Alabama
- Alaska
- Arizona
- Colorado
- Delaware
- Washington, DC
- 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
- Wyoming
MaxLend Personal Loans Community Reviews
Would you recommend MaxLend Personal Loans to your friends?
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