St. Louis, MO Payday Loan Alternative

With the great pressures of today’s financial obligations, many people in the city of St. Louis are short on cash. St. Louis, recognized for its Gateway Arch over the downtown area, is home to 300,000 residents who can enjoy the sights and sounds of the city all year long. While locals might enjoy catching an MLB game at Busch Stadium to cheer on the Cardinals or watching the Blues battle over the puck at Scottrade Center – they also face the cost of enjoying the city life. The average credit card debt in St. Louis is under $5,0001 – and when residents struggle to keep up with their payments and run into cash flow problems, they often look for loan solutions.

Even though the state of Missouri does have some regulations on payday loans – borrowers can receive up to $500, and the life of the loan can range from 14 to 31 days2. With short windows of repayments, borrowers may find that by paying off the loan, they have limited funds for daily living expenses until their next paycheck. In these scenarios, they might decide instead to extend their payday loan. Extending payday loans often comes with additional fees, and borrowers end up paying significantly more money than what they initially anticipated. Fortunately, an alternative is available that will give you more flexible repayment terms that will have a lesser impact on your cash flow.

MaxLend Loans Can Help

MaxLend is an installment loan company that offers personal loans to consumers. You could qualify for up to $1,250, and you can repay a portion of the loan over time in manageable installments. You can apply online at your convenience, and the process is safe and fast. After your loan application is submitted, a friendly representative will call you to verify your information. Once you are approved for a loan, the money can be deposited into your bank account as soon as the next business day.

Requirements for a MaxLend Installment Loan

Some basic requirements to qualify for a MaxLend loan in St. Louis include that you must be a citizen of the United States, and you must be at least 18 years of age. You need to have a valid checking or savings account that meets “minimum opened duration” requirements. Along with that, you need to have a verifiable, steady source of income. You cannot be involved in bankruptcy proceedings or intending to file for bankruptcy. Due to various credit and lending laws, such as The Military Lending Act, MaxLend does not extend loans to active military, their spouses or dependents.

Take Back Control

Payday loans do not need to be in control of your bank account. MaxLend can give you the access to quick cash you need with flexible options for paying your loan back over time. Apply today at MaxLend and take control of your finances!

Other References: Advance Loans, Cash Loans, Personal Loans, Payday Loans, Installment Loans, Getting a Loan With Bad Credit

1 http://www.city-data.com/city/St.-Louis-Missouri.html
2 http://www.ncsl.org/research/financial-services-and-commerce/payday-lending-2014-legislation.aspx

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.