Advance America - Get a Loan Online up to $25000!

Advance America operates in the retail financial services market of the USA and offers its customers simple and convenient credit solutions. Get a loan online up to $25,000.

About Company

Advance America: Terms and Conditions

loan amount:	from $100 to $50 000
loan type:	online loan to: bank account, debit or credit card
loan period:	1-365 days
citizen:	US citizen or permanent residen
age of borrower:	18-70 years old
employment:	yes
loan extension:	yes

How does Advance America work?

A loan is provided in the amount of $100 to $50,000. Minimum and maximum terms for which a loan is granted: from 6 to 36 months.

Declared total loan value: total annual interest – 0.01%, initial interest – 3% of the loan amount, monthly interest – 3% of the loan amount. The real annual interest rate is 460% per annum.

The final terms of the loan will be offered individually.

What are the main features of the process?

• You can choose the loan product suitable for you: payday loans, installment loans, auto title loans, and lines of credit.
• You will spend a minimum of time collecting the necessary documents to get the amount of money you are interested in at Advance Cash America.
• The Advance America network is represented in all major states of the USA, so it is most likely you will have the ability to take a loan.
• It is easy to take a loan: you can contact the department directly or leave a request on the site.

Step-by step guide

1. Leave an online loan application and Advance America online specialist will contact you: provide advice on loan products, help you choose the most optimal loan option, taking into account your goals and capabilities.
2. To get a loan via the Internet, you need to take only a few steps – register, fill out an online application form, indicate the number of the bank card to which you need to transfer the loan and submit an online application in your account.
3. After the system confirms the amount of the online loan, the amount will be instantly transferred to a Visa or MasterCard as soon as you sign a loan agreement on the website with a special SMS with a code received on your mobile phone.

Fast online lending from American Advance loans is an opportunity to replenish a card for the exact sum, even when other banks refuse to issue loans because of damaged credit history or lack of a permanent job.

For approval, you do not need to collect a lot of documents – money is issued by scanning a copy of the valid government-issued ID in less than half an hour.

Despite the fact that a cash loan is a profitable alternative to a long accumulation of funds, a simple and convenient way to get money, turning to this service will cause you an additional headache.

Advance America Loan Services

Payday Loans

Urgent loans in the Advance America non-bank organization mean the allocation of a certain amount of money for the period that will be required, as they say, from one salary to another.

Such a loan, as a rule, can be issued even without registration at the location of a non-banking organization, in the amount from $100. In this case, the loan term will range from a few days to a couple of months.

In order to arrange such a microloan, it is necessary to leave an application with the contact details filled in and send. For registration of a loan agreement, most often, you need only a valid government-issued ID.

Title Loans

In addition to the aforementioned, a title loan can be issued in Advance America. Such loans provide for collateral and registration. But at the same time, the potential borrower should not be registered in the house or apartment, which are provided as collateral.

It should be understood that the design of a microloan in Advance America is somewhat different from the design of a bank loan. Everything is much simpler. And this microfinance organization is loyal. However, it is important to take into account several nuances regarding the size of the amount of the title loan and the requirements for the collateral object.

So, for example, the amount of the loan secured by property should not exceed its market value. The assessment itself is carried out by an expert from an organization that specializes in the assessment.

The collateral must also remain with Advance America or be documented by the MFI until the full repayment of the full debt of the borrower to the creditor. However, neither the borrower nor the lender himself has the right to use the property for personal purposes until the debt is paid and the contract is terminated. In the event that the debt is not repaid, the pledged property will become the property of Advance America.

Installment loans

Another variant for clients with less-than-perfect credit, whose advantage is scheduled payments over an extended repayment period.

Lines of credit

An option that enables you to feel more flexibility with your credit. It also makes you avoid paying interest on the funds you don’t use.

Advance America Loan Requirements

Here is what you need to provide for a loan (installment loan requires more information described on their website):

• Government ID
• Proof of income
• Checking account
• Social Security number
• Personal check (for in-store applications)
• Valid email address (for online applications)

Is Advance America Legit?

Despite numerous complaints and everyday discontents that Advance America are scammers, we can certainly assure you that this service is %100 legit. To confirm this, check the list of states their offices are located in and compare this information with data about the legitimacy of loans in these regions.

An Example of the Interest Rate Calculation:

Verdict

For today we have numerous negative Advance America reviews complaining about such issues like high-interest rates, failed attempt to contact support service, and inability to repay credit.

In our opinion, such microloans can be a good option only when you take them for the first time. Companies like newcomers and provide preferential “test” loans. In all other situations, we would consider them as a very extreme case. Better look for other services.

Advance America - Reviews: