Frequently Asked Questions About Installment Loans

What is a Multi-Pay Installment Loan?

An installment loan is a convenient way to borrow money and pay it back over several payments. The payment schedule is based on the loan amount, interest rate and number of payments. Except for first and last payments, each loan payment is typically the same amount. At MaxLend, loan payments are set up to occur on your paydays and new customers typically have 9 months to pay back the loan. For example, a new customer with a 9-month loan who gets paid once a month would have a loan with 9 payments and a new customer who gets paid twice a month or every two weeks would have 18 payments. Members of MaxLend Preferred Rewards may have longer loan terms. You can pay off your loan early without penalty. You may also opt to pay extra on any pay date. The additional amount is applied directly to reduce the principal. Paying extra may cut the total number of payments and potentially could lower the total finance charges you pay.

How can I qualify for a MaxLend loan?

It's easy!

Provide a verifiable source of income deposited into your checking account.
Have an open checking account that meets our "bank account minimum opened duration" requirements.
You need to be at least 18 years old and a United States resident.
Your take-home pay has to meet our minimum income requirements.
You must not currently be a debtor in a bankruptcy case or presently intend to voluntarily file for bankruptcy relief.

What will happen after I complete my application?

Your application will be reviewed per our underwriting rules. If you are approved, there are 2 quick steps to getting funded: eSign your loan documents and talk to Customer Service to confirm your information, we are open 24-7. The cash may be deposited in your account as soon as today.* Once approved, you also become part of our Rewards program, MaxLend Preferred.

After I submit my application, how long will it take before I hear back from you?

Not long. You typically know right away. If you’re pre-approved, give us a quick call to confirm your information, we are open 24-7. You can call right now or schedule a time when it works best for us to call you.

How soon after applying will I get my money?

You will be offered FREE same day funding*, when available, during your verification call.

What is the maximum loan amount that I can qualify for?

If this is your first loan, you may apply for up to $1,500. If you are a returning customer, the maximum amount you may qualify for could be up to $3,000, depending on your level in the MaxLend Preferred Rewards Program.

When will I need to repay my loan?

Your payments will be due on scheduled Payment Due Dates, which generally correspond with your pay dates. Our installment loans are usually 9 months for new customers; however, you can pay off in full at any time without penalty. Each loan that is paid in full, on time, counts as you progress in MaxLend Preferred Rewards.

Can I pay my loan back 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.

What if I have problems making a payment?

If you have a Multi-Pay Installment Loan, you can pay the loan in full at any time without any penalties for early payment. If you have a short term loan, paying in full on your due date is the best approach, but we understand that sometimes this isn't possible. If you can't afford to pay the entire balance, MaxLend has options. Contact us at least 3 business days prior to your loan due date to arrange payment towards your principal loan amount. The amount you choose will be debited in addition to the Interest Rate and Underwriting Fee.

I don't have a printer and I want to print a copy of my loan documents. Can I get my documents another way?

Yes! We can email or fax your loan documents. Just let one of our representatives know your preferences by calling us at 877-936-4336 anytime, 24/7.

Are your loans secure and confidential?

Absolutely! All the loans we make are transacted on our secure servers and utilize industry standard security protocols. Your non-public information is completely confidential and protected by our Privacy Policy.

What is the Equal Credit Opportunity Act?

The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.

Where can I read the Privacy Policy?

This MaxLend privacy policy (the "Privacy Policy") is intended to inform you of our policies and practices regarding the collection, use and disclosure of any information you submit to us through www.maxlend.com. This includes "Personal Information," which is information about you that is personally identifiable such as your name, e-mail address, full content of your e-mail, user ID number, and other non-public information that is associated with the foregoing.

User Consent
By accessing or otherwise using this website, you agree to this Privacy Policy and expressly consent to the processing of your Personal Information in accordance with this Privacy Policy. Your Personal Information may be processed by us in the country where it was collected as well as other countries (including the United States) where laws regarding processing of Personal Information may be less stringent than the laws in your country.

FACTS	WHAT DOES MaxLend DO WITH YOUR PERSONAL INFORMATION?
Why?	Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?	The types of personal information we collect and share depend on the product or service you have with us. In general, we collect Personal Information that you submit to us voluntarily through maxlend.com but we may also request optional information to support your use of www.maxlend.com. This information can include but is not limited to the following: Social Security number and bank account information account balances and income payment history and credit history text messages and information contained in those messages
How?	All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reason MaxLend chooses to share; and whether you can limit this sharing.

FACTS

WHAT DOES MaxLend DO WITH YOUR PERSONAL INFORMATION?

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. In general, we collect Personal Information that you submit to us voluntarily through maxlend.com but we may also request optional information to support your use of www.maxlend.com. This information can include but is not limited to the following:

Social Security number and bank account information
account balances and income
payment history and credit history
text messages and information contained in those messages

How?

All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reason MaxLend chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information	Does MaxLend share?	Can you limit this sharing?
For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus	Yes	No
For our marketing purposes – to offer our products and services to you	Yes	No
For joint marketing with other financial companies	Yes	No
For our affiliates' everyday business purposes – information about your transactions and experiences	Yes	No
For our affiliates' everyday business purposes – information about your creditworthiness	Yes	Yes
For our affiliates to market to you	Yes	Yes
For nonaffiliates to market to you	Yes	Yes

To limit our sharing

Call 877-936-4336 – our menu will prompt you through your choice(s) or
Visit us on the web at www.maxlend.com, select “Contact” and follow the Opt-Out e-mail link.

Please note:

If you are a new customer, we can begin sharing your information 30 days from the date you sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.

Questions?

Call 877-936-4336 or go to www.maxlend.com.

Who we are
Who is providing this notice?	MaxLend is providing this privacy policy and it applies to all loans made by the company and all products and services offered in connection with such loans.
What we do
How does MaxLend protect my personal information?	To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does MaxLend collect my personal information?	We collect your personal information, for example, when you Apply for a loan Give us your income information Tell us where to send the money Provide account information Provide employment information Provide Feedback Personal Information from Other Sources We also collect your personal information from others, such as credit bureaus, affiliates, companies who we have partnered with (collectively, "Partners") or other companies. We may associate this information with the other Personal Information we have collected about you. Information Collected Via Technology As you use MaxLend, certain information may also be passively collected and stored on our or our service providers' server logs, including your Internet protocol address, browser type, and operating system. We also use Cookies and navigational data like Uniform Resource Locators (URL) to gather information regarding the date and time of your visit and the solutions and information for which you searched and viewed, or on which of the advertisements displayed on MaxLend you clicked. This type of information is collected to make MaxLend and solutions more useful to you and to tailor the experience with MaxLend to meet your special interests and needs. We or our service providers, may track your IP Address when you access MaxLend to assist with ad targeting. We may use both session Cookies (which expire once you close your web browser) and persistent Cookies (which stay on your computer until you delete them) to provide you with a more personal and interactive experience with MaxLend. In order to use our services offered through MaxLend, your web browser must accept Cookies. If you choose to disable Cookies, some aspects of MaxLend may not work properly, and you may not be able to receive our services. We may share your content preferences and other information with the social network from which you have connected to MaxLend, along with those companies and persons you have asked us to share your information with. Additionally, if you provide feedback to us, we may use and disclose such feedback for any purpose, provided we do not associate such feedback with your Personal Information. We will collect any information contained in such feedback and will treat the Personal Information in it in accordance with this Privacy Policy. You agree that any such comments we receive becomes our property. We may use feedback for marketing purposes or to add to or modify our services without paying any royalties or other compensation to you.
Why can't I limit all sharing?	Federal law gives you the right to limit only sharing for affiliates' everyday business purposes – information about your creditworthiness affiliates from using your information to market to you sharing for nonaffiliates to market to you
What happens when I limit sharing for an account I hold jointly with someone else?	Your choices will apply to everyone on your account.

Definitions
Affiliates	Companies related by common ownership or control. Our affiliates include financial companies such as other lenders and non-financial companies such as marketing and servicing companies.
Nonaffiliates	Companies not related by common ownership or control. They can be financial and nonfinancial companies. Nonaffiliates we share with can include other lenders and direct marketing companies.
Cookies	Small pieces of information that a website sends to your computer's hard drive while you are viewing a website.
Internet Protocol Address or "IP Address"	A number that is automatically assigned to your computer when you use the Internet. In some cases, your IP Address stays the same from browser session to browser session; but if you use a consumer internet access provider your IP Address probably varies from session to session.
Joint marketing	A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Our joint marketing partners can include institutions such as other lenders or marketers.
Other: We may provide your Personal Information to third-party service providers who work on behalf of or with us to provide some of the services and features of MaxLend and to help us communicate with you. We require our third-party service providers to promise not to use such information except as necessary to provide the relevant services to us. If you do not want us to use or disclose Personal Information collected about you in the manner identified in this Privacy Policy, you should not use MaxLend. In the event we go through a business transition such as a merger, acquisition by another company, sale of all or a portion of assets, or other business transition, your Personal Information may be among the assets transferred. You acknowledge that such transfers may occur and are permitted by this Privacy Policy, and that any acquirer of ours may continue to process your Personal Information as set forth in this Privacy Policy. We may disclose your Personal Information if we believe in good faith that such disclosure is necessary to (a) comply with relevant laws or to respond to subpoenas or warrants served on us; or (b) to protect and defend our rights or property, you, or third parties. You hereby consent to us sharing your Personal Information under the circumstances described herein. MaxLend may contain links to other websites. Please be aware that we are not responsible for the privacy practices or the content of such other websites. This MaxLend privacy policy applies solely to information collected by us through www.maxlend.com and does not apply to these third-party websites. The ability to access information of third-parties from MaxLend, or links to other websites or locations, is for your convenience and does not signify our endorsement of such third-parties, their products, their services, other websites, locations or their content. Our third-party platform provider is a third-party beneficiary of our third-party service provider’s arbitration, class action, and jury waiver provisions. Web browser: You can opt-out of receiving personalized ads by clicking on the blue icon that typically appears in the corner of the ads we serve and by following the instructions provided by clicking [HERE]. Please note that this “opt-out” function is browser-specific and relies on an “opt-out cookie”, thus, if you delete your cookies or upgrade your browser after having opted out, you will need to opt-out again. If you use a Safari browser, please also see directions regarding our cookie-less technology opt-out below. Mobile Device Opt-Out: To opt-out of receiving targeted ads that are based on your behavior across different mobile applications follow the instructions below for iOS and Android devices: iOS 7 or Higher: Go to your Settings> Select Advertising> Enable the “Limit Ad Tracking” setting; and For Android devices with OS 2.2 or higher and Google Play Services version 4.0 or higher: Open your Google Settings App> Select Ads> Enable “Opt-out of interest-based advertising”. Industry Opt-Out Tools and Self-Regulation: You may use the NAI opt-out tool [HERE] which will allow you to opt-out of seeing personalized ads from us and form other NAI approved member companies.

MaxLend is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe (the “Tribe”). What does it mean to do business with a sovereign enterprise?

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 or for any forums other than those specifically set forth in MaxLend’s contracts. If you are not comforatable doing business with a sovereign instrumentality that cannot be sued in court, you should discontinue use of this website and you should not borrow money from Maxlend Funds.

It is our belief and goal that doing business with our sovereign enterprise should be a positive experience. We pride ourselves on excellent customer service. Also, the Tribe has developed customer-friendly, efficient procedures for affordable resolution of any MaxLend customer dispute. We also offer the option of individual arbitration before a neutral arbitrator if neither customer service nor the Tribe’s dispute resolution protocol solve the problem. The Tribe works hard to ensure fairness and ease of use for positive MaxLend customer experiences. Our goal is to always make it right for the customer.

What will my loan cost?

The interest rate in this pricing grid is derived from the concept of charging a fee per $100 borrowed, per pay period. This method is used to calculate an interest rate on an amortizing loan. You can pay your loan back early without penalty – which may also reduce the finance charges you pay.

This table does not include the savings that members of MaxLend Preferred earn in the Rewards program when they choose ACH as their payment method.

Rates By Payment Method Chosen And Customer Category:

	Weekly Pay Period	Bi-Weekly Pay Period	Semi-Monthly Pay Period	Monthly Pay Period

New Customer	up to $14.75	up to $29.50	up to $29.50	up to $59.00

Returning Customer
Electronic Debit Authorization (ACH)	See Rewards Level Discounts	See Rewards Level Discounts	See Rewards Level Discounts	See Rewards Level Discounts
Non-ACH payments	$12.25	$24.50	$24.50	$49.00

APRs range from 471.7846% to 841.4532% depending on duration of the loan.

Loan Payment Information

All loans have an agreed upon due date as covered in the customer loan agreement. If payment is not received by the due date, non sufficient funds fees or other fees may apply as detailed in each customer loan agreement. All collections efforts on past due accounts are conducted in a professional, fair and lawful manner in accordance with applicable laws. For customers having difficulty repaying their loan, repayment plans may be available. For further information please contact our customer service representatives at 877-936-4336.

*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time and a customer elects ACH as payment method. Other restrictions may apply. Certain financial institutions do not support same day funded transactions. When Same Day Funding is not available, funding will occur the next business day.

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.

Frequently Asked Questions About Installment Loans

What will my loan cost?

Loan Payment Information

About Same Day Funding