Installment Loans a Great Option in a Bind

Those that don’t have the luxury of having a stash of money put aside to take care of emergencies when they come up may find it difficult to come up with cash quickly. Luckily, small loans are available to help ease the burden of unexpected expenses that arise between paychecks. Maxlend Loans has helped many people get through urgent situations with installment loans. Here’s what makes them so appealing.

Minimum Eligibility Requirements

Applicants must be 18 years or older to apply, have a valid social security number and be a United States Citizen. Simply fill out the forms online and the information can be verified over the telephone. Plan to provide verifiable income deposited into a checking account that meets the minimum income requirements. The checking account needs to meet some minimum requirements on the time it has been open. The applicant can’t currently be a debtor in a bankruptcy case or planning to file for bankruptcy relief. Some other restrictions could apply.

Speedy Approval Process

If approved, take the time to sign the eSign documents. The loan amount will be deposited into the checking account provided as soon as the next business day. Those that are more comfortable applying by phone can do that by calling 877-936-4336.

Limited Risk

The best thing about an installment loan is that it is predictable. This is very different from a payday loan. The schedule to repay is known and predictable. This allows borrowers to plan and know what to expect. This is the best way to work out a budget and work towards getting out of debt and building a strong financial future. This will not turn into a vicious cycle. MaxLend’s installments last six months. The installment loans do not require collateral, so this makes them easier to access.

A small loan will get individuals out of a tight spot quickly, making it a great alternative to a payday loan or other borrowing methods. To get additional information or to apply today, visit https://www.maxlend.com/. There are people with no credit, bad credit and good credit that apply for loans like this all of the time. This could be the answer you’ve been looking for.