Friday 28th of April 2017 02:23:37 AM
Paid $1,935.18 for a $575.00 MaxLend loan (including the fee). Please? Don't do it... no matter how desperate you think you are... if you get into a bind, these people are not the ones to be played with!!! On December 24, 2015 I willingly borrowed $500.00, knowing that I'd owe MaxLend $575.00 after MoneyMutual referred them to me based on my request for a short term loan. So, after they contacted me I made a few short term loans and repaid them on time from MaxLend. But when I didn't repay my last loan (3/3) on time in January 2015, I was informed that my new balance was $643.77 (Principal of $515.00 + Interest of $128.77) + $80 late fees due that day and an additional $40/day that I hadn't paid the new balance off. Then it was explained to me that if I made a payment by March 13, 2015 of $213.77, my new balance would be 537.52!!! WTF? So by February 18, 2015 I had made $431.31 in payment but my balance due was still about $718.00. Then on February 27, 2015, after paying $203.77, my bill went down to a whopping $643.77... Doing the math, yet? Yup, I only paid $75 towards my original fee of $575.00 after 2 months of 4 payments adding up to $621.32. I won't continue to bore you with my payment schedule, but I finally got this pig off my back in June/July 2015 with an extra $1,360.18. If I had that kind of money to throw around, I damn sure wouldn't be giving it to them. I'll never borrow from them again. There are other companies worth your hard earned dollars for the quick loan so keep searching. But this Indian sovereignty is a shark.