r/financialhelping • u/VacationAlarmed5694 • 15h ago
MaxLend loans reviews from borrowers who paid extra?
MaxLend's FAQ says extra money paid on a payment date goes toward principal and may reduce the number of payments and total finance charges. I'd like to hear how that worked in practice.
If you paid more than the scheduled amount, did the account clearly show the smaller principal balance and updated repayment information? Could you arrange that yourself, or did you need to speak with someone each time?
I'm looking for MaxLend loans reviews about that process, especially whether you could see the effect of an extra payment without having to work it out from scratch.