Advance America Installment Loans Review

Advance America Installment Loans is offered by AARC LLC, a direct lender founded in 1997 and based in Spartanburg, SC. Advance America Installment Loans is available in 29 states across the USA.

• Fast access to cash. In some cases you can get your money within 1 business day.
• Hard credit pull required. You can't check your rates or see if you prequalify for Advance America Installment Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.

What rates and terms does Advance America Installment Loans offer?

Advance America Installment Loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What fees does Advance America Installment Loans charge?

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

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

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Advance America Installment Loans product fall outside of the MLA limits and as a result the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Applicants must have an active and valid personal checking account
• Proof of income
• Driver's license
• Proof of citizenship or residence permit

What is the estimated funding time for a personal loan via Advance America Installment Loans?

Advance America Installment Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans within 3 business days of approval.