A Great Alternative to Payday Loans has Arrived

Financial difficulties can bring life to a grinding halt. You may be struggling to pay all of the bills on time while still saving money for smaller incidentals. If this is the case, check into MaxLend for your cash needs. MaxLend is an installment loan company that is here for their customers whenever they need fast cash and are looking for payday alternative loans.

Payday Loan Problems

MaxLend is a company that offers quick loans to customers in need. However, they should not be confused with a payday loan lender. Payday loan companies lure people in with the promise of high cash loans and convenience. Unfortunately, a payday lender will require that you repay the loan that you borrowed as soon as you get paid again, even if it is just a week from the day you borrow money. Their finance fees are often as high as allowed by law and there may be hidden charges that are not made clear to their customers. Borrowers are required to repay the loan and finance fee on the very same day, often making it necessary to take out another loan then and there. Many people find themselves in an endless payday loan cycle because they are constantly taking out new loans and paying high APRs each time.

MaxLend- Not your Typical Lender

An installment loan with MaxLend makes keeping up with your finances so much easier than you are used to. Your payment plan will be broken up into a six-month period for your convenience. Instead of having to repay the loan amount in one lump sum, effectively wiping you out for the time being, you are given the luxury of breaking the payments up into six. This also goes for the finance fee that the company charges. An installment loan allows you to easily plan your finances ahead of time and will not leave you short on money every payday.

How to Apply

The application process for installment loans is very simple to complete. Just fill out the online application day or night when you are in need of a loan. You will not be asked to supply any credit information and you will not be subjected to a background check. No matter how poor your credit is you will never have to worry that it will affect your chances of getting a loan. You’ll need to be 18 years of age to enter into an installment agreement, and you are required to have a current checking account that is in good standing.

Once you are approved for your loan you will receive it within 24 hours. From then on you can use the money however you see fit. If you need a loan fast and do not have good credit, MaxLend is a great choice.