Miami, FL Payday Loan Alternative

There are numerous reasons that people choose to live in Miami, Florida. The weather is great and the beaches are beautiful. The city is full of lively art and music, and the attractions are endless. Professional sports fans in Miami enjoy attending basketball, football and baseball games to cheer on the Heat, the Dolphins and the Marlins. Although Miami is such a vibrant and exciting city, its citizens still struggle at times. When emergencies happen or unexpected expenses occur, people may turn to payday loans without knowing that other quick cash solutions are available.

What is a Payday Loan?

Payday loans are short-term loans meant to provide financial assistance up to a few hundred dollars, and they typically require full repayment within a short amount of time. While these loans seem attractive to borrowers because they provide quick access to funds, they can also be a risky form of borrowing due to their short repayment window. Many borrowers have trouble paying back the loan in full when it is due, so they need an extension. When this occurs, additional fees will add to the overall amount owed. When multiple extensions are requested, this can leave borrowers in a worse financial situation than before they took out the loan. For this reason, it’s important to know that payday loans are not the only option.

A Payday Loan Alternative

Miami residents can receive an alternative loan from MaxLend. This company offers installment loans that you can pay back over installment payments for up to six months. Applying for a loan with MaxLend is a simple online process that asks for basic information including your name, phone number and email-address. After you apply for a loan, a friendly representative from MaxLend will call you to verify information and answer any questions you may have.

To qualify, you need to be a U.S. citizen and you need to be 18 years of age or older. You must also have a valid checking or savings account that meets minimum open duration requirements. Those in bankruptcy, or those who are intending to file for bankruptcy, do not qualify for a loan with MaxLend. MaxLend does not extend loans to active duty military, their spouses or dependents. Additional requirements and restrictions may apply. If approved, you could qualify for up to $2,000 to be deposited into your bank account as soon as the next business day.

If you need to money quickly, MaxLend is an alternative to payday loans. We can help you get out of a financial bind so you can enjoy the sights and sounds of Miami. Go online and apply for a loan with MaxLend today!

The content on this site is for informational purposes only and is not professional financial advice. MaxLend Loans 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.