38 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Features
  • Borrow up to $3,000
  • First-time customers can apply for up to $1,475
  • Funding not available in all states
  • Bad credit welcome to apply
Exclamation Mark IconThis company has below average rating which means some customers might have not been satisfied with the service.
Chosen 4,934 times
  • Installment loans from $100 to $2,000
  • Apply with no impact to your credit score
  • Apply online or instore across 850 branches
  • Easy application process
Chosen 4,086 times
  • Rates as low as 3.49% APR
  • No SSN required
  • Get pre-qualified with no impact to your credit score
  • Pre-qualify in seconds online
Chosen 3,545 times
  • Loans with APRs under 36%
  • Loans from $500 to $35,000
  • Fast and easy approval process
  • No minimum credit score requirement to apply

Review of MaxLend

    Summary

  • Loans from $100 to $3,000

  • Repayment periods of up to nine months

  • Bad credit history accepted

  • Funds available in one day

What is MaxLend?

MaxLend is an online tribal lender that offers short-term installment loans of up to $3,000. New customers can borrow up to $1,500.

MaxLend offers an alternative to payday loans and MaxLend loans can be available as soon as one day and do not require any collateral.

MaxLend is a lender owned by the Mandan, Hidatsa, and Arikara Nation — the Three Affiliated Tribes of the Fort Berthold Reservation, a sovereign nation located within the United States of America.

Chosen 10,150 times
  • Borrow up to $3,000
  • First-time customers can apply for up to $1,475
  • Funding not available in all states
  • Bad credit welcome to apply

MaxLend offers quick approval installment loans to help you stay afloat during financially challenging times.

Since the payments are spread out over a period of time in equal installments, it gives you more control over your budget.

Products Offered

MaxLend offers installment loans up to $3,000 with repayments of up to nine months.

How MaxLend Works

You can borrow as much as $3,000 via a MaxLend loan. And if you’re a first-time customer you can apply for up to $1,500.

MaxLend loans are easily accessible and you can have funds in your account on the following business day.

As a first-time borrower, you can qualify for a loan of up to $1,500 and borrowers with bad credit can apply.

You can make an additional payment toward principal interest on any scheduled payment date. There is also no penalty for early repayment of a MaxLend loan.

Personal loans can be difficult to qualify for if you have bad credit. This is because most personal loans are unsecured so there is no collateral to back up the loan. MaxLend doesn’t require collateral and you don’t need good credit.

You don’t need to provide collateral when taking out a MaxLend installment loan. All you will need to provide is proof of income, a checking account, and a valid social security number.

Loan Requirements

Here are the loan requirements when applying for a MaxLend loan:

  • You must be 18 years or older
  • You must be a US resident
  • You must have an open checking account
  • You must have a source of income

Rates & Fees

MaxLend offers fast access to cash, but it has a downside: MaxLend loan fees are quite high, with APRs between 471% and 841%.

In comparison, typical payday loans have APRs of around 400%, according to the Consumer Financial Protection Bureau. This makes MaxLend more expensive than other average payday loans.

MaxLend bases its fees on a rate per $100 borrowed. For example, if you make weekly payments, you’ll pay up to $14,75 in fees for every $100 you borrow. With monthly repayments, you’ll pay up to $59 for every $100 you borrow.

MaxLends offers loans from $1,500 to $3,000 and the typical repayment period is around nine months for a new borrower.

Weekly Pay PeriodBi-Weekly Pay PeriodSemi-Monthly PaymentMonthly Pay Period
New CustomerUp to $14.75Up to $29.50Up to $29.50Up to $59
Returning Customer$12.75*$24.50*$24.50*$49.00*
*Rewards Level Discounts available for customers paying via ACH

Payment Terms

MaxLend offers loan repayment terms of up to nine months. You can settle your loan early with no penalties.

Your repayment dates will typically correspond with your pay dates. Once you’ve paid your loan in full, you will qualify for MaxLend Preferred Rewards.

There are three ways to pay:

Standard PayPayoff NowPayment Plus
No action needed.Pay off your entire loan in a single payment.Add an amount to any scheduled payment.
Payments are collected automatically on the payment dates in your loan document.Contact customer support at least one day before your payment is due.

– One larger payment
– Save on fees
– Payment based on outstanding principal
Contact customer support at least three days before your payment.

– The added amount pays down your principal.
– Save on fees.
– Choose this option as many times as you want.

How to Apply for a MaxLend Loan

Step 1

Apply online

Complete an application online by entering information such as the loan amount you’re requesting, your income amount and your bank details.

Step 2

Verify your information

A customer service representative may give you a quick call to verify your information. Y

Step 3

Get approved

If approved, you can sign your loan documents online. ou can use the MaxLend login to manage your account. 

Step 4

Receive your funds

The money will be sent to your bank account and this usually takes one day.

Chosen 10,150 times
  • Borrow up to $3,000
  • First-time customers can apply for up to $1,475
  • Funding not available in all states
  • Bad credit welcome to apply

Our MaxLend Review

    Cons

  • Loans aren’t available in every state

  • High APRs compared to other payday loans

  • As a tribal lender, MaxLend is not subject to suit or service of process. 

If you’re looking to take a loan from Max Lend, all the terms and requirements are not transparent on their website but are provided in detail on your loan agreement.

Although the interest rates are very high on Max Lend loans, if you can manage to repay your loan within the next payday, it can be quite manageable.

Missing payments can mean fees and cause more debt, so it really isn’t something to consider if you’re trying to consolidate a credit card or auto loan.

You can also consider applying for a payday alternative loan from a federal credit union. These small short-term loans can’t have interest rates higher than 28%, and you can’t be charged more than $20 to apply.

Is MaxLend legit? Yes. MaxLend is a sovereign enterprise, wholly-owned and controlled by the Mandan, Hidatsa, and Arikara Nation.

Customer Service

MaxLend offers customer service 24/7 via email and telephone. Advance customer service is also available from Mondays to Saturdays.

You can read more MaxLend reviews below.

FAQs

How much can I qualify for?

MaxLend offers loans up to $3,000 but first-time borrowers can qualify for up to $1,500.

Is MaxLend a credible lender?

Yes. MaxLend is wholly-owned and controlled by, the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe.

Is my information safe?

Yes. All loan applications are transacted on secure servers and they make use ot industry standard security protocols. Your non-public information is completely confidential and protected.

Can I pay back my loan early?

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.

Was this article helpful?

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Reviews of

MaxLend is rated 90 out of 299 companies in total rating and got an average review score of 2.1 based on 38 reviews. Their weakness is Interest & Costs and their strength is Website & Functionality.
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JJ
Jocelyn Jean reviews | November 18, 2022
General Review
Upsides
They'll lend you money
Downsides
You'll pay back almost 10× the amount you borrowed!
MaxLendPartnerNovember 30, 2022

Hello Jocelyn Jean,

We appreciate your feedback. We provide alternative payment options that may help to reduce the overall cost of the loan, and the loan agreements we provide detail the overall cost of the loan, finance charge, loan term, scheduled due dates and payment amounts. A copy of your loan agreement is available to you at any time by logging into your MaxLend account, and we are here to discuss the terms of your loan with you in more detail. Please email us directly at ombudsman@maxlend.com or call us at 855-201-4677. We’re available from 7AM – 7PM CT, Monday – Friday.

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AG
Aaron garrett 1 review | October 3, 2022
Personal Loan Review
Upsides
Max lend is a total scam I got a loan for 400 and have to pay back 1800 are you kidding me total scam
Downsides
-
MaxLendPartnerOctober 11, 2022

Hello Aaron Garrett,
We appreciate your feedback. We provide alternative payment options that may help to reduce the overall cost of the loan, and the loan agreements we provide detail the overall cost of the loan, finance charge, loan term, scheduled due dates and payment amounts. A copy of your loan agreement is available to you at any time by logging into your MaxLend account, and we are here to discuss the terms of your loan with you in more detail. Please email us directly at ombudsman@maxlend.com or call us at 855-201-4677. We’re available from 7AM – 7PM CT, Monday – Friday.

MaxLendPartnerOctober 24, 2022

Hello Aaron Garrett,

We appreciate your feedback. We provide alternative payment options that may help to reduce the overall cost of the loan, and the loan agreements we provide detail the overall cost of the loan, finance charge, loan term, scheduled due dates and payment amounts. A copy of your loan agreement is available to you at any time by logging into your MaxLend account, and we are here to discuss the terms of your loan with you in more detail. Please email us directly at ombudsman@maxlend.com or call us at 855-201-4677. We’re available from 7AM – 7PM CT, Monday – Friday.

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AA
Altagrace Archelus 1 review | September 1, 2022
General Review
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AR
Amanda Rhodes 1 review | August 11, 2022
General Review
Upsides
Got "pre-approved" for a loan, went a different route.
Downsides
Now I'm getting calls 5 times a day starting at 7:30 in the morning (which is illegal per harassment laws). From about 3 or 4 different numbers. Not to mention I put my time is contract as night, yet they never call at night. I have maybe 4 different numbers now blocked from them. Very predatory.
MaxLendPartnerSeptember 1, 2022

Hi Amanda,

Thank you for taking the time to share your experience. Your feedback is important to us!
To ensure your privacy, we cannot discuss account details here, but we would like to get the details of your experience so that we can properly escalate your concerns.
Please email us directly at ombudsman@maxlend.com or call us at 855-201-4677 to discuss. We’re available from 7AM – 7PM CT, Monday – Friday.

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BS
Byron Scott 1 review | August 7, 2022
Personal Loan Review
Upsides
Got approved for amount
Downsides
Still haven’t received fund amount and my payment is due Friday…Tried calling and email but no response and the telephones says it’s busy
MaxLendPartnerAugust 11, 2022

Hi Byron, we appreciate your feedback and would like to discuss your experience in more detail. Please call us at 855-201-4677 for assistance with this matter. We’re available from 7AM – 7PM CT, Monday – Friday.

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M
Morningstar 1 review | July 28, 2022
Personal Loan Review
Upsides
Absolutely nothing good to say, total fraud
Downsides
Total fraud of a company. Borrowing $500 will cost you $300 interest less than a month later.
MaxLendPartnerOctober 3, 2022

Hello,

We appreciate your feedback. We provide alternative payment options that may help to reduce the overall cost of the loan, and the loan agreements we provide detail the overall cost of the loan, finance charge, loan term, scheduled due dates and payment amounts. A copy of your loan agreement is available to you at any time by logging into your MaxLend account, and we are here to discuss the terms of your loan with you in more detail. Please email us directly at ombudsman@maxlend.com or call us at 855-201-4677. We’re available from 7AM – 7PM CT, Monday – Friday

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IL
Iraida L Tinsley 1 review | July 21, 2022
Personal Loan Review
Upsides
-
Downsides
Everything was good until Maxlend took money out of my bank account without authorization. Called them and asked who authorized payment....because I didn't. Which is unlawful...had no problem paying back loan....even though I lost my job over 6 months ago and Covid 19 has affected us financially. Shame on Maxlend. Will be getting a lawyer for fraudulent transaction.
MaxLendPartnerNovember 15, 2022

Hi Iraida L Tinsley,

Thanks for sharing your experience. We are sorry that you were dissatisfied with the level of service you received. We strive to provide exceptional service and want to assure you that we are taking the appropriate steps to address your concerns internally.
We would like to learn more about your situation and address your concerns by clarifying how our loans work. Please feel free to call us directly at 855-201-4677 between 7AM and 7PM CT, Monday – Friday to discuss.

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T
Tiffany 1 review | July 21, 2022
Personal Loan Review
Upsides
Nothing
Downsides
Super expensive to borrow. Got less than $300 and ended up paying 5X that back
MaxLendPartnerOctober 3, 2022

Hello Tiffany,

We appreciate your feedback. We provide alternative payment options that may help to reduce the overall cost of the loan, and the loan agreements we provide detail the overall cost of the loan, finance charge, loan term, scheduled due dates and payment amounts. A copy of your loan agreement is available to you at any time by logging into your MaxLend account, and we are here to discuss the terms of your loan with you in more detail. Please email us directly at ombudsman@maxlend.com or call us at 855-201-4677. We’re available from 7AM – 7PM CT, Monday – Friday.

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RT
Robert Thompson 1 review | July 13, 2022
General Review
Upsides
The associate I spoke with was very nice and listened to me explain why I was looking for a loan.
Downsides
Even though their rates were higher than some other companies, I was able to pay off my loan early which saved me on fees.
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SB
Sara B 1 review | July 9, 2022
General Review
Upsides
Fast to give money
Downsides
We had an agreement for payment schedule. Instead they took the e tire a.ounyat once leaving us in a worse situation. Then they were supposed to call our bank and get it fixed and they still didn't. Never again.
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