Maybe Loan Reviewed: The Best Installment Loans for Building Credit?

Maybe Loan is only available in the following states:

Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Why get an Installment Loan from Maybe Loan?

You can use the simple online application to apply for your loan 24/7, entirely from the comfort of your own home. There are flexible repayment options, and your cash can be wired directly to your bank account, sometimes on the same day of application.

The main draw to this provider is that any credit history is considered. This means that you won't be turned away if you’ve had a troublesome year or two, or haven’t yet managed to build up a credit rating, and can actually use these loans as a way to increase your score.

What does Maybe Loan offer?

Unfortunately, this provider makes very little mention of the figures relating to its loans. Nowhere on the website does it state what the maximum or minimum loan amounts that you can borrow are. One customer testimonial mentions borrowing $5,000, so this much at least can be accessed.

Eligibility Criteria

To be able to apply for a loan here you’ll need to be at least 18 years old and a legal resident of one of the above-mentioned states, carrying both a social security number and a state-issued photographic ID, such as a driver’s license. People who are currently serving in a branch of the Armed Forces are ineligible for loans here.

How to apply for a Maybe Loan Installment Loan?

Applying for a loan here is pain-free, and should only take you around five minutes, providing you have all your relevant information to hand. Just head to the official website, choose ‘Apply’, and you’ll be taken to a form in which you’ll need to enter your personal, contact, employment and deposit information.

Rates, Terms, and Fees

The main downside to this lender is that there’s very little information on rates, terms, fees, or loan amounts that you can access. The number of positive testimonials suggests that the interest rates aren’t unmanageable, but to have an idea of what any of the rates, terms or fees are you’ll need to begin your application.

Bottom line

Maybe Loan is something of a gamble. It comes highly recommended, and services the majority of the United States swiftly. However, it’s difficult to recommend a financier without having any idea of what the costs of a loan might be, or even how much you can borrow.

You might prefer to try Upgrade. This financier also services most of the country and offers accessible loans, but the details of these loans are clearly described before you begin your application.