Advance America Loans Review 2020 - Apply | Credit Raters
Last updated: 25th Jan 2021

Advance America Loans Review

Established in 1997, Advance America loans have helped millions of US residents to secure the funds needed to overcome a variety of financial challenges.

With a wide range of loan types available including payday loans, instalment loans and personal lines of credit, this online and in-store lender offers a huge selection of products backed up by first rate customer service.

Take a look at our detailed Advance America loan review below for more information on how they work along with a handy step by step guide on how you can apply today.

How Much Do Advance America Loans Cost?

The amount that you’ll be charged for loans like Advance America will depend on the type of credit you’re looking for along with your state of residence. Certain products are only eligible in certain states which we’ll talk more about later.

As an example, the table below shows examples rates taken from Texas, although you’ll need to double check your own state of residency for the latest availability information.

Loan Product Amount Borrowed Repayment Period Total Repaid
Advance America Payday Loan $600 14 days $722.73
Advance America Instalment Loans $1,100 168 days $2,074.69
Advance America Title Loans $5,038.00 30 days $5,936.39
Advance America Extended Loans $500 168 days $1,841.84

Key Features Of Advance America Loans

One of the standout features of using Advance America loans is their ability to offer immediate online decisions with most states eligible for same day transfers.

They’re happy to consider applicants from all financial backgrounds and offer a range of lending products to help meet the diverse needs of their customers.

  • Lightning quick deposits
  • High acceptance rates
  • Broad range of lending products
  • Not the most competitively priced
  • Some products not available online


It’s important to arm yourself with the facts about any lender before applying, so here’s a quick rundown of some of the most common FAQs we get about loans like Advance America.

Yes. Advance America are responsible for depositing funds directly to customers.

Once your application has been submitted, Advance America will make an assessment of your application based on their own in house lending criteria. You’ll also have the added advantage of only dealing with them throughout, avoiding the hassle of having to go through a middle man or broker.

Yes. As part of their approach to responsible lending, loans like Advance America will require a credit check to be carried out.

This is designed to protect borrowers from getting into financial difficulty and to help them use this, along with other eligibility factors, to make a fair assessment of each application.

The good news is that Advance America payday loans are great for those with no credit history, making them a great option for those who are new to personal credit.

Your loan can be deposited into your checking account on the same day that you apply if your application is accepted online before 10.30 AM ET (Monday – Friday).

If you’re application is submitted between 10.30 AM ET and 8:00 PM ET, your application will usually be processed that day ready to be deposited on the next working day.

Eligibility Criteria

As with many loans like Advance America, the major goal is to ensure that any loan you take out is affordable. They’ll use a variety of factors to build up an overall picture of your financial management and creditworthiness.

No matter what your circumstances, you must ensure that you fulfil the following criteria to be considered for Advance America loans. You must:

  • Have a US checking account with your income deposited directly into this account
  • Be in permanent employment or have a consistent source of income
  • Have a Social Security Number and an e-mail address for future contact
  • Be at least 18 years of age when you apply, although this can vary depending on state law

State Availability

Advance America loans are available in 29 states at the time of writing. Since they offer so many different credit products, they don’t explicitly list the individual states available on their website.

However, they do have a very quick ZIP code search on the home page of each product so you can quickly check whether your location qualifies before you apply.

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Customer support

The Advance America loans customer support team is second to none with online chat and email support available 24 hours a day. From more than 25,000 independent reviews, Advance America has achieved a perfect 5-star score on TrustPilot.

To get in touch with Advance America, visit their Contact Us page online and message them through their integrated e-mail system or live messaging service.

Prefer to do business face to face? Remember that you’re always welcome in one of their 1,900 stores nationwide!

Application Process (walkthrough with imagery)

To apply for loans like Advance America, take a look through our step by step guide below.

It’s essential that Advance America know your state of residency so that you’re only offered loans suitable to your region.

Step 1

Take a look through the different loan options available in your area and select the most suitable for your circumstances.

Step 2

Choose how much you’d like to borrow and how many repayments you’d like to make.

Step 3

It’s then down to you to simply complete the final data entry points of your application to get an instant online decision from Advance America loans.

Advance America – Conclusion

Advance America is one of the most diverse online lenders in the market. What makes them stand out is there huge physical presence, with more than 1,900 stores located across America.

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