Advance America provides payday loans, installment loans, and online lines of credit. A cash advance (also known as a payday loan) from Advance America is a quick and easy way to get money when you need it most. It is a short-term loan with small dollar amounts that is paid back on the next payday. Cash advances are a financial solution that offer an alternative to returning checks or paying late fees.
They are used to cover short-term financial situations, not long-term solutions. A cash advance from Advance America may be cheaper than other options such as paying a bill late or incurring bank and credit union overdraft fees. To get a title loan, you give Advance America the title to your vehicle as collateral in exchange for a loan. To comply with TILA, Advance America reports the implied APR of a cash advance, which is the amount you would pay if you renewed your advance every two weeks for a full year. Advance America follows all federal and state laws, so the ability to refinance your cash advance depends on state regulations. Advance America encourages consumers to identify the warning signs of financial fraud and to follow these tips to avoid debt collection and small loan scams.
When applying for an online cash advance with Advance America, you can be sure that all information is sent through a secure server and stored in a secure database. Online cash advances are only available in certain states, so you need to consider your financial needs before deciding if they are right for you. Cash advances are used to cover short-term financial situations, not long-term solutions. Several consumers have reported being contacted by people claiming to represent Cash Advance America, Advance America, Speedy Cash, Cash Advance USA, or Advance America Payday Loans. DFI has received reports of apparent scams by individuals claiming to represent these companies. Advance America complies with OLA best practices and state laws regarding termination that allow you to terminate the transaction at no cost within a specified period of time by returning the full amount of the advance.