Austin, TX Payday Loan Alternative

It is easy to understand why so many people call Austin home. The people are friendly, the food is delicious, and the nightlife is vibrant. Not only is Austin the capital city of Texas - it is also known as the Live Music Capital of the World. While it is one of the fastest growing cities in the country, many people in Austin still struggle financially.

About Payday Loans

If you are considering a payday loan, you might not have the best credit. One of the advantages of a payday loan is that the lender may not run a credit check, so they are easy to obtain. While there are regulations limiting the maximum amount that Texas lenders can extend to a borrower, there are lenient limits on the amount of fees a lender can charge – including loan acquisition charges, account handling charges and so on. If you cannot repay the loan, the lender can offer an extension, but additional fees may apply. If many extensions are requested, you can end up accruing a very high balance as this cycle continues. Fortunately, if you need quick cash, other options are available.

A Better Solution Than a Payday Loan

Installment loans from Maxlend are alternative options to payday loans. You could qualify to receive up to $1,250 direct-deposited in your bank account. The easy online application asks for standard information including your name, phone number and email address. You also will need to provide information about your bank account and income. After the application is submitted, you will receive a call from a representative to verify the information you provided.

Qualifying for a Loan with MaxLend

The requirements for a personal loan are minimal. You need to be 18 years or older, be a citizen of the United States and you must have a valid bank account that meets minimum open duration requirements. You cannot be in bankruptcy nor can you be intending to file. MaxLend does not extend loans to active duty military, their spouses, or dependents. Additional requirements and restrictions may apply. If you meet the requirements and are approved, you may receive funds as soon as the next business day.

MaxLend offers an alternative to payday loans that will allow you to make payments in installments for up to six months. These repayment terms can help you get out of a financial bind without adding extra stress to your budget. If you need money quickly, apply for a loan from MaxLend today!

References:

1 http://www.50states.com/facts/texas.htm
2 http://www.travelchannel.com/destinations/us/tx/austin/articles/austin-city-guide

The content on this site is for informational purposes only and is not professional financial advice. MaxLend does not assume responsibility for advice given. All advice should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if advice is safe and suitable for their own situation.

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.