Where does Advance America do business?
Advance America is based in Spartanburg, SC. It was founded in 1997 and offers access to personal loans in 29 states across the USA.
What are the APRs offered via Advance America?
Advance America offers personal loans with APRs starting at 143.29% and up to 688.28%.
Does Advance America charge an origination fee?
Yes, Advance America charges a loan origination fee.
Does Advance America charge a late fee?
Yes, Advance America may charge borrowers a late payment fee
Does Advance America charge prepayment fees?
No, Advance America does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
How much can you borrow via Advance America?
Loan amounts start at $100 and go up to $5,000.
What do you need to qualify for a loan with Advance America?
Applicants with a credit score of at least 300 can apply for a loan via Advance America. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
Active duty servicemembers and their covered dependents cannot apply for a loan via Advance America. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Applicants must have an active and valid checking account
- Proof of citizenship or residence permit
- Proof of income
What is the estimated funding time for a personal loan via Advance America?
Advance America will typically approve (or deny) a loan application within 24 hours and fund personal loans within 3 business days of approval.
- Rhode Island
- South Carolina
- South Dakota
- Only Individual Applications
- U.S. Permanent Resident
- Proof of Income
- Driver License (or other photo ID)
- Proof of citizenship/residence (Green Card)
- Automatic Payments