Features

Where does MaxLend do business?

MaxLend is a direct lender based in Parshall, ND. The company was founded in 2016 and offers personal loans to borrowers in Washington, DC and 37 states.

What are MaxLend’s rates?

MaxLend offers personal loans with APRs starting at 471.78% and up to 841.45%.

Does MaxLend charge an origination fee?

Yes, MaxLend charges a loan origination fee .

Does MaxLend charge prepayment penalties?

No, MaxLend does not charge prepayment penalties. This means you will not have to pay additional fees if you decide to pay the loan off early.

How much can you borrow from MaxLend?

Loan amounts start at $100 and go up to $1250

What is the maximum loan term for a MaxLend personal loan?

MaxLend offers personal loans with terms of up to 6 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments affordable. However, the longer the term of your loan, the more interest you will pay.

What is MaxLend’s eligibility criteria?

MaxLend only considers applicants who have a credit score of at least 300 to apply.

Active duty servicemembers and their covered dependents cannot apply for a loan with MaxLend. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.

Only U.S. citizens can apply for a loan.

To qualify, applicants must provide the following documentation:

- Recent pay stubs

You must have a job to qualify for a loan. 

What is the estimated funding time for a MaxLend personal loan?

MaxLend will typically provide a credit approval decision in less than hour and fund the loan within the same day. 

  • Loan Amount
    $100 - $1250
  • Payment Options
    Automatic Payments
  • APR
    471.78% - 841.45%
  • Max Loan Term (Months)
    6
  • Credit Score Range
    300 - 650
  • Immigration Status Considered
    U.S. Citizen
  • Military Status
    • Non-Military
    • Veterans
  • Minimum Age
    18
  • Supported Income Types
  • Verification Documents Required?
    Recent pay stubs
  • No Prepayment Fee
  • Institution Type
    Direct Lender
  • Approval Speed (Hours)
    24
  • Funding Time
    Same day
  • Credit Bureau Reporting
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0 votes

Love this company. They lend up to $1250 or more. After you pay their loan off, they increase amount. I have paid their loans off & got up to 1750. Think it goes up to $2000. For people with sub par credit who need money, this is legit company. Just know the interestt rate will be high but with low credit scores, that is the same as everyone else. My credit score is at 600.

0 votes

I see a lot of bad reviews. I love this company. They approved me for 700 i told them I only needed 300. There was a mistake and over 5 months they have charged me 700. I called them and explained. They were very nice over the phone and they put 400.00 back into my account. I thought that was Amazing. My name is J. Jaleel I think of you pay back in time it's better then getting 10 x 35.00 of overdraw fees. That's what I would have paid the bank ... if I did not get the 300.00. I would do it again. More Less


0 votes

This is a joke. I have up in the 600 fico credit score and they denied me for a loan. They do not stand by there 300 min credit score!

0 votes

They do not honor the credit score range of 300-650


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