MaxCash-Only Rates with Some Lenders

November 29, 2018

MaxCash is a loan financial referral service that offers connection services for all kinds of loans. While MaxCash does not give out loans themselves, they can get exclusive rates for borrowers!

MaxCash-only rates can serve as a huge advantage when looking for a good deal on a loan. On top of MaxCash-only rates, there are several more advantages for customers that decide to use MaxCash for their lending needs. Here is more information on MaxCash-only rates and other benefits that they offer customers.

Is it that Important to Get a MaxCash-Only Rate on a Loan?

When looking for a loan, it is extremely important to find a good—or MaxCash-only rate—for lending. This is because the interest rate on a loan is the most impactful cost for the borrower, and the way that most borrower’s get into debt. Here are the two major ways that interest is charged and presented:

The Annual Percentage Rate (APR)

The APR is the total amount of interest that a lender charges for the year of the loan. Not all lenders will show a potential borrower the interest in terms of the APR—this is especially true for loans that already carry high interest rates. It is up to the borrower to ask the lender for the APR, or to calculate the APR themselves.

The Monthly Percentage Rate (MPR)

The MPR is just the APR broken down into monthly terms. For loans with high interest rates, most of the time lenders will express the interest in these terms.

In addition to knowing how interest rates are expressed, it may be helpful to know about the two major kinds of interest rates that exists.

  • Fixed Interest Rates

This type of interest rate stays the same throughout the entirety of the loan. This rate is whatever the borrower and lender agreed upon when signing the contract for the loan.

 

  • Variable Interest Rates

These types of interest rates can change throughout the life of the loan. Usually lenders will have some limit to the amount of interest that can be charged.

What Other Advantages—Besides MaxCash-only Rates—Does MaxCash Offer?

When it comes to any kind of lending, it can be extremely important to look at other factors besides just the interest rate. The great thing about MaxCash is that many other important factors are included for customers. Here are some advantages:

A Variety of Loans and Lenders

MaxCash works with all kinds of loan lenders. We work with mortgages, title loans, business loans, student loans, and more. An important part of lending is making sure to look around at several lenders. Each lender is different, and it may take work to find the one that best suits your borrowing needs. MaxCash does this searching for customers—at no charge.

Lenders Who Are Trusted

This is another highly important factor to consider when looking for lending. No matter where a potential borrower is looking for a loan, it is important to only provide personal information to lenders that are reputable and legitimate. At MaxCash, all out our lenders go through a vetting process before they are allowed to work with us.

Extended Hours

When it comes to lending, urgency may be extremely important to some borrowers. The great and unique thing about MaxCash is that we are open seven days a week with extended hours—including Sundays. For many borrowers who want to find a loan ASAP, this is a huge advantage.

Faster Funding than Traditional Lenders

Because MaxCash acts as the middleman for borrowers and lenders, the entire process—from the inquiry to receiving the loan money—is sped up. This is another advantage, which many people may not think about.

Can MaxCash Help Answer any Questions Regarding Loans and Lenders?

MaxCash is more than just a referral service. MaxCash helps borrowers navigate the world of lending by providing tons of financial resources on the website and over the phone. And because MaxCash works all over the United States, they have information on general lending laws for different states.

 

Additionally, MaxCash has tons of information on common financial questions, such as improving a credit score and budgeting. These questions are related to lending but they may not be addressed by other financial institutions.

 

When it comes to loans, finding a good interest rate is extremely important. MaxCash, with its several lenders, can offer its customers MaxCash-only rates. So whether it’s informing borrowers about getting a loan or simply explaining the lending process, MaxCash is dedicated to helping everyone—in one way or another.

DISCLAIMER:
The MaxCash website does not offer or provide loans, but rather, it offers a service. It should not be construed as a lending agent or broker. The site does not endorse any lenders and does not charge visitors any fees. The website owners do not evaluate potential lenders’ applications, nor do they approve or deny credit. The MaxCash website does gather applicants’ personal information and transmits it to lenders that are part of the site’s lending network. No one is required to make use of this website, nor are they under any obligation to begin contact with site operators or to attempt to secure a loan with any of the site’s lending partners. Transmission of your financial and personal information on the website in no way obligates lenders to offer you a loan or any other kind of credit product. Be aware that cash transfer times can vary, depending on the lender and the bank you use. It may be necessary to fax information under certain circumstances. All questions about loans, and any concerns you may have should be directed to your lender. These loans are intended as short-term financial solution to satisfy borrowers’ needs for immediate monetary relief. This is not intended to be part of a long-term financial plan for individuals. These services are not offered in all states. Potential borrows may undergo credit check if lenders choose to use any of the major credit reporting bureaus, including Equifax, Trans Union and Experian. They may also use other alternative sources to check credit ratings. Your request for a loan constitutes your agreement and acknowledgement that (A) your personal data may be shared with lenders and perhaps other third-party partners, and (B) lenders can acquire credit bureau reports that detail your credit history. Reports from major credit bureaus, such as Equifax, Experian and TransUnion may be obtained and used to evaluate your reliability as a borrower.

1Loan amounts by the lenders vary based on qualifications.

2Since we do not lend money directly we cannot offer you a solicitation for a loan. In all serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans are not available in all states and all areas.

3Loans such as, Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan. Other types of loans may have pre-payment penalties as well.

4All lenders are responsible for their own interest rates and payment terms. Max Cash has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

5The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you. Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time, in the circumstance for an auto title loan. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically, larger loans or higher risk loans use a GPS.

In some circumstances faxing may be required. Use of your cell phone to receive updates is optional. Please review our privacy policy.

Loans such as Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long-term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

Signature and personal loans are only available in Georgia and Florida. Loan amounts differ at locations. Account approval requires satisfaction of all loan eligibility requirements, including a credit inquiry, and, if applicable, motor vehicle appraisal.

Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

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