Maine Borrow Money Options

Payday Hound's Top Maine Lenders

CashNetUSA

5 Rating
The Payday Hound Rating
  • Large, publicly traded online lender.
  • Use promo code: NEWCASH25 to save 25%
  • State Licensed. Based in IL. Since 2004.

Blue Trust Loans

3 Rating
The Payday Hound Rating
  • Offers loans up to $2,000 in 39 states.
  • Bad credit OK. Minimum Income Required: $850/mth.
  • Tribe based lender since 2014

2018 Maine Lender Rankings

We have reviewed 6 Maine installment loan lenders.

Our review of borrow money options considers three areas: reputation, cost, and features. Reputation considers state licensing and Better Business Bureau scores. Cost is based on terms, fees, and rates. Features include things like credit reporting or fee transparency.

A listing in this table is not an endorsement. This table includes all lenders we have reviewed who offer loans to Maine residents.

ME Lender Description Costs* Sniff Rating
CashNetUSA
Large, publicly traded online lender.
Use promo code: NEWCASH25 to save 25%
Governing Law: State Lic.
APR: 388.93%
Amount: $300-$2,000
Payments: 7-15
Freq: monthly
Cost: $492 - $7.9K
Great
Avant
Charges upfront admin fee.
Reports to credit bureaus.
Governing Law: State Lic.
APR: varies
Amount: varies
Payments: varies
Freq: monthly
Cost: varies by state
Great
Blue Trust Loans
Offers loans up to $2,000 in 39 states.
Bad credit OK. Minimum Income Required: $850/mth.
Governing Law: Tribal
APR: 782%
Amount: $1K
Payments: 1
Freq: bi-weekly
Cost: $290.50
Fair
MaxLend
Offers loans up to $2,000. F BBB rating.
Bad Credit OK. Minimum Income Required: $850/mth.
Governing Law: Tribal
APR: 782%
Amount: $1000
Payments: 1
Freq: 14
Cost: $290.50
Bad
Cash Advance Now
Tribal lender. Upfront disclosures and pricing.
Purchased name and domain in Sept 2012.
Governing Law: Tribe
APR: 695%
Amount: $300
Payments: 34
Freq: bi-weekly
Cost: $1,842
Fair
Just Military Loans
Specialize in Military Loans. Pricing not listed.
15 day cancellation policy. Full refund of fees.
Governing Law: Delaware
APR: 0.00
Amount: 0.00
Payments: 0.0
Freq: 0.0
Cost: 0.00
Fair

* When avaiable we have shown pricing for Maine residents. Check each lender's website for updated information. Some lenders will not provide pricing data until an application is completed.

Maine Borrow Money Options Details

Maine residents can choose from 6 installment loan lenders.

Installment loans do not require good credit and, unlike traditional payday loans, are paid back over multiple pay periods. These loans are relatively expensive loans so make sure you have considered other options such as bank loans, credit cards, or friends and family before taking one.

Estimated fees and payments for Maine installment lenders are provided in the table below. Many consumers prefer installment loans over payday loans because loan repayment is spread out over a longer period of time which often makes these loans cheaper than payday loans if you need multiple pay periods to repay your loan. See Payday Loans or Installment Loans for more information on comparing these two types of loans. Also you can visit Borrow Money Options for more general information.

Maine regulation of installment loans falls into a bit of a gray area as they sometimes fall outside of the technical definition of a payday loan and more into the area of general unsecured installment loans. See Maine Payday Loan Laws for additional resources or visit Maine's payday loan regulator, the Maine Office of Consumer Credit Regulation for more information.

The Payday Hound reviews installment lenders and ranks them according to our Sniff Test (reputation), costs, and licensing. The list below includes both regulated banks as well as off-shore entites. Being included on our list is not an endorsement or certification. The list is a ranking and is designed to help borrowers rate and judge the quality of lenders. This means it may include lenders we believe to be honest as well as those we would deem to be predatory.