Tampa, FL Payday Loan Alternative

From a recent (2016) survey reported on by the financial website Debt.org, it’s isn’t difficult to see why the average Florida household may be struggling with debt issues. According to the report, the fine people of Florida, including residents of Tampa, are carrying as much as $5,700 in credit card debt per household. With almost $25,000 per household of student debt, it becomes clear that sooner or later, staying on top of cash flow could become a problem.

Florida Payday Loans

Payday loans are often advertised as a great solution for short-term cash flow problems. In reality, these types of loans can deepen the problem. Because of their quick repayment schedules, many borrowers find that they are unable to repay their payday loan and continue to afford their regular living expenses. They often resort to extending their payday loan to stay afloat. Extending payday loans, however, typically comes at a cost – and this cycle of borrowing can quickly add up to unmanageable debt.

An Alternative Solution

MaxLend provides prospective borrowers with a much better short-term lending solution. While installment loans provide quick cash to borrowers in need, with minimal qualification requirements, one of their greatest benefits is that they are repaid in manageable installment payments. For cash loans of up to $2,000, an installment loan program with reasonable repayment terms is available for applicants who can meet MaxLend's minimum requirements. With ample time to repay the loan, borrowers get a fair chance to get their financial houses back in order.

Easy Online Application

The online application process can be completed within minutes. After submitting the application, a designated customer service representative will contact the applicant by phone for the purpose of verifying the information provided. Once verified, the application will be submitted for approval. After approval, loan documents are emailed to the applicant for e-signature. Once the documents have been signed and returned, MaxLend will deposit the approved loan amount into the borrower's account in as little as one business day. MaxLend customers enjoy the benefit of a quick and simple application process that provides quick access to their funding.

Requirements

Interested applicants should meet the following requirements:

  • The applicant must not be party to a current bankruptcy filing, nor should they be contemplating any such action in the immediate future.
  • The applicant must be at least 18 years of age
  • The applicant must have a verifiable bank account with a US-based banking organization
  • The applicant must have at least one form of viable direct deposit income going into the listed bank account
MaxLend Loans does not lend to members of the US military, their spouses, or dependents. Additional requirements and limitations may apply.

It's understandable that residents from a city like Tampa might encounter financial difficulties at one time or another. A responsible lender like MaxLend is more than happy to provide a loan solution that gives borrowers the cash they need, without sacrificing cash flow. With a MaxLend installment loan, funds of up to $2,000 can be deposited in the borrower’s bank account in as little as one day.

References:

https://www.debt.org/faqs/americans-in-debt/consumer-florida/

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.