48 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
Pros & Cons
  • Fast payday loans and payouts
  • Earn rewards with MaxLend Preferred Rewards
  • High loan rates
  • Not available in all states
Exclamation Mark IconThis company has below average rating which means some customers might have not been satisfied with the service.
Chosen 15,659 times
  • Loans from $5,000 - $100,000
  • 8.99 - 25.81% APR (with all discounts)
  • NO fees required and same-day funding
  • Repayments from 2-7 years
Chosen 4,927 times
  • Loans from $200 to $10,000
  • Large network of lenders
  • Repayment up to 12 months
  • Bad credit history accepted
Chosen 9,151 times
  • Fast funding
  • No credit checks
  • Loans from $500 to $5,000
  • Bad credit loans available

MaxLend Review

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.

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.

How We Rate MaxLend

At Financer.com, all lenders go through a thorough research and review process. Here’s how we rate MaxLend:

CategoryRating
Affordability⭐⭐⭐
Application process⭐⭐⭐⭐
Loan terms⭐⭐⭐
Transparency⭐⭐⭐
Customer support⭐⭐
Overall⭐⭐⭐

Do We Recommend MaxLend?

Yes, we recommend MaxLend as a reliable lender. Skip to our full review below and see how we rate MaxLend.

Here’s what we’ll cover in this review:

Want to skip the details? Jump to our final verdict here.

MaxLend Overview

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

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.

Here’s a quick summary of MaxLend:

OverviewFeatures
Loan type:Personal loans
Loan amount:$100 – $3,000
Loan term:Up to 9 months
APR:Between 471% and 841%
Min. credit score:None
Monthly fees:Between $12.75 and $59 per $100 borrowed
Payout time:One business day
Weekend payout:No
Requirements:At least 18 years old
U.S. citizen
Active bank account
Regular income
Valid phone number and email

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.

MaxLend Pros and Cons

MaxLend has a fast application process that can be done online in a few minutes. They also typically fund loans within one day which is in line with other tribal lenders. There is no prepayment penalty.

    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. 

One of the main drawbacks of MaxLend is that they may ask high APRs which can often go into triple digits. Compare tribal loans carefully before choosing an offer.

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. 

Step 3

Get approved

If approved, you can sign your loan documents online. You 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 13,979 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

How Financer.com Rates MaxLend

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.

MaxLend Alternatives

Here’s a list of alternatives to MaxLend and how they compare:

LenderReviewsLoan AmountAPRMax. Loan TermBad Credit?
PersonalLoans.comView$500 – $35,0005.99-35.99%Up to 6 yearsYes
BadCreditLoansView$500 – $5,0005.99-35.99%Up to 2 yearsYes
CashUSA.comView$500 – $10,0005.99-35.99%Up to 6 yearsYes
Fast5KLoansView$500 – $35,0005.99-35.99%Up to 5 yearsYes

More MaxLend Personal Loan Reviews

What Users On the Web Are Saying

MaxLend gets 3.8 out of 5 stars on Trustpilot, with users showing mixed feelings:

Some users were unhappy about the high loan rates, while others felt the service was fast and easy.

More User Reviews – Add Your Rating

Read more reviews on Financer.com from verified users below.

Have you used MaxLend before? Leave your review now.

Was this article helpful?

2 out of 2 found this helpful


Reviews of MaxLend

MaxLend is rated 94 out of 312 companies in total rating and got an average review score of 1.9 based on 48 reviews. Their weakness is Interest & Costs and their strength is Website & Functionality.
Customer reviews
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EF
Essence Ferdinand 1 review | May 26, 2023
General Review
Upsides
None naught zero
Downsides
Typical Low budget criminals
MaxLendPartnerMay 29, 2023

Thank you for this review, Essence. We’re sorry you were disappointed with your experience. 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.

Post reply
AF
Azriel Fletcher 2 reviews | April 24, 2023
General Review
Upsides
No pros. Just here to warn people
Downsides
I took out a $1300 loan. After paying back $1364.72, I somehow still owe $1600+ The terms aren’t very clear on the website, but the comments suggest that many users are unsatisfied for this same reason. If you have ANY, and I mean ANY alternative option, go with that. It’ll more than likely cost much less in the long run than this site will
MaxLendPartnerApril 25, 2023

Azriel, thank you for the candid review. We would love the opportunity to discuss the details of your experience and share how our flexible repayment options may reduce the overall cost of the loan. Please call 855-201-4677 to discuss these options. We’re available from 7AM – 7PM CT, Monday – Friday.

Post reply
AF
Azriel Fletcher 2 reviews | April 24, 2023
General Review
Upsides
None. I mean none whatsoever
Downsides
After a $1300 loan, I’ve paid 1,364.72 and somehow have a +$1600 balance. If that was specified on the website, I doubt many people would willingly agree to this scam. If you have ANY other option, it’ll be better than this
MaxLendPartnerApril 25, 2023

Thank you for this review, Azriel. We’re sorry you were disappointed with your experience. 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.

Post reply
AR
Adam Ram 1 review | April 14, 2023
General Review
Upsides
Approved quick, wanted 1000 ended up pulling 1500, lady wanted me to take 2500.. Thank god didnt
Downsides
The interest that they said nothing bout is trash. Had I known, it's 400% pretty much, a loan you'll never get out of. My 1500 I've already paid over 1000 and balance is now 1760.. lol trash I know, goal is to pay off next month and never use again and tell everyone same. Adam Ramirez, trash place don't use.
MaxLendPartnerApril 19, 2023

Adam, thank you for the candid review. We would love the opportunity to discuss the details of your experience and share how our flexible repayment options may reduce the overall cost of the loan. Please call 855-201-4677 to discuss these options. We’re available from 7AM – 7PM CT, Monday – Friday.

Post reply
WO
Wesley Owens 2 reviews | April 5, 2023
Personal Loan Review
Upsides
If you work for them you're rich.
Downsides
"MaxLend, is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe. (the “Tribe”). This means that MaxLend’s loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that MaxLend is not subject to suit or service of process. Rather, MaxLend is regulated by the Tribe. If you do business with MaxLend, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in MaxLend’s contracts, these forums include an informal but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, MaxLend is not subject to suit or service of process. Neither MaxLend nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this website. If you are not comfortable doing business with sovereign instrumentality that cannot be sued in court, you should discontinue use of this website." In layman's terms, they can do whatever they want with your loan and you have 0 defense against it. The terms made it seem like it was 20% interest over the year. Come to find out it was 20% interest every week. That's right, I loaned 1,000 dollars, and they charge me 20% of that every week. Fucking despicable.
MaxLendPartnerApril 19, 2023

Hi Wesley,

Your feedback is important to us. We would like to take this opportunity to clarify your loan terms in hopes that we may be able to serve you again in the future. The details of your loan, including the APR, payment amount and due dates, were included in the loan agreement you signed before origination. We offer flexible repayment options that may make the loan more manageable. Please feel free to contact us directly at ombudsman@maxlend.com or 855-201-4677 to discuss these options. We’re available from 7AM – 7PM CT, Monday – Friday.

Post reply
WO
Wesley Owens 2 reviews | April 5, 2023
Personal Loan Review
Upsides
If you work for them you're rich
Downsides
"MaxLend, is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe. (the “Tribe”). This means that MaxLend’s loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that MaxLend is not subject to suit or service of process. Rather, MaxLend is regulated by the Tribe. If you do business with MaxLend, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in MaxLend’s contracts, these forums include an informal but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, MaxLend is not subject to suit or service of process. Neither MaxLend nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this website. If you are not comfortable doing business with sovereign instrumentality that cannot be sued in court, you should discontinue use of this website." In layman's terms, they can do whatever the fuck they want and you have 0 protection to do anything about it. My loan terms made it look like 20% interest over a year. Come to find out its 20% interest a week, that's right, I borrowed 1,000 dollars and they charge me 20% of that a week in interest. That's fucking despicable.
MaxLendPartnerApril 19, 2023

Hi Wesley,

Your feedback is important to us. We would like to take this opportunity to clarify your loan terms in hopes that we may be able to serve you again in the future. The details of your loan, including the APR, payment amount and due dates, were included in the loan agreement you signed before origination. We offer flexible repayment options that may make the loan more manageable. Please feel free to contact us directly at ombudsman@maxlend.com or 855-201-4677 to discuss these options. We’re available from 7AM – 7PM CT, Monday – Friday.

Post reply
HH
Hughe Hefner Hefner 1 review | April 4, 2023
General Review
Upsides
They aren’t any pro’s
Downsides
This is fraud . This company is not even legitimate in most states.
MaxLendPartnerApril 19, 2023

Thank you for this review, Hughe. We’re sorry you were disappointed with your experience. 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.

Post reply
GB
Gee Been 1 review | March 20, 2023
Personal Loan Review
Upsides
None. I don't even know how this scam is legal. The "tribe" governs the 632% interest rate
Downsides
Total waste of time. This is an absolute scam. Not sure how they get away with this.
MaxLendPartnerMarch 24, 2023

Thank you for this review, Gee. We’re sorry you were disappointed with your experience. 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.

Post reply
AJ
A J 1 review | March 10, 2023
General Review
(Edited)
Upsides
They will lend you the money if you're in a jam.
Downsides
The interest rates are ridiculous. A $600 loan turned into over a $1900 payoff. Thank you but no thanks. I suggest you put something up for a rainy day.
MaxLendPartnerMarch 24, 2023

Hello A J,
Your feedback is important to us. We would like to take this opportunity to clarify your loan terms in hopes that we may be able to serve you again in the future. The details of your loan, including the APR, payment amount and due dates, were included in the loan agreement you signed before origination. We offer flexible repayment options that may make the loan more manageable. Please feel free to contact us directly at ombudsman@maxlend.com or 855-201-4677 to discuss these options. We’re available from 7AM – 7PM CT, Monday – Friday.

Post reply
K
kattxx3 1 review | March 7, 2023
General Review
Upsides
You'll qualify
Downsides
You'll pay a ridiculous amount of interest and financing cost. On a $500 loan you'll end up paying back almost $2200. Every payment made about $1.50 goes towards your principle. THERE ARE MUCH BETTER LOAN OPTIONS OUT THERE DO NOT USE MAXLEND.
MaxLendPartnerMarch 24, 2023

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.

Post reply
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