Advance America Payday Loans Review

Advance America Payday Loans is offered by AARC LLC, a direct lender founded in 1997 and based in Spartanburg, SC. Advance America Payday Loans is offered in 28 states across the USA.

What are the Advance America Payday Loans rates & fees?

Advance America Payday Loans offers payday loans with loan fees ranging from $15 to $87.5. These loans are meant as a short-term source of credit but if you calculate the annualized percentage rate of those fees you get rates ranging from 234.9% to 785.27%.

How much can you borrow from Advance America Payday Loans?

Loan amounts start at $100 and go up to $5,000.

What is the maximum loan term you can get with Advance America Payday Loans?

Advance America Payday Loans has payday loans with a maximum term of 31 days.

What do you need to qualify for Advance America Payday Loans?

Applicants with a credit score of at least 300 and up to 640 are eligible for Advance America Payday Loans.

Advance America Payday Loans does not have or does not disclose a minimum annual income eligibility requirement.

Does Advance America Payday Loans run credit checks?

Yes, Advance America Payday Loans will check your credit when you apply for a loan.

What is the estimated funding time for a payday loan via Advance America Payday Loans?

Advance America Payday Loans will typically provide a credit approval decision in less than an hour and fund the loan within 3 business day .

For more information on payday loans, tribal loans, and their alternatives, read this guide.