Are you a resident of the United States of America? Do you need money fast? If the answer to both the questions are YES, then you need to try out Advance America.
There are a number of companies and organizations that aim to provide instant help to the customers who are in need of money or funding. One of these companies is Advance America.
Keep reading this blog till the end to learn more about the same…
Advance America: Overview
|Name||Advance America, America Cash Advance Centers|
|Industry||Banking, Consumer Lending, Finance, News, Personal Finance|
|Headquarter||Spartanburg, South Carolina, United States|
What Is Advance America?
If you are someone who wants to have access to quick money and immediate funding, the best thing that you can do is file an application at Advance America. But what is that?
If that is something that you have been looking for, here is everything that you needed to know about the company.
Advance America Cash Advance Centers Inc., popularly known as simply Advance America, is a company that provides instant loans to the people who are in need of it. According to Bloomberg, “Advance America Cash Advance Centers Inc. provides payday cash advance services to middle-income working individuals in the United States.”
To put it simply, Advance America is an organization that provides “payday loans and cash advances” to the people who need it.
In case you are wondering what Payday Loan is, you need to keep reading this blog till the end…
Payday Loans At Advance America
One of the best parts of Advance America is its feature of Payday Loan. “An instant payday loan can give borrowers same-day funds, and may not require good credit,” according to Newswire.
There are a number of ways in which you can get a payday loan at Advance America. Here are some of the ways:
1. Through the app
The first one on the list is using an app. This one is probably the most popular mode of filing an application for instant funding. There are a number of lenders with an online presence who also offer payday loan apps. These apps are convenient for people who use smartphones. You can stay at home while applying for the loan and do so from your own comfort zone.
There are still many physical companies and retailers who offer payday loans. Applicants who need immediate funding and do not feel comfortable with technology can use this method to apply for a payday loan at Advance America. Applicants who prefer working with someone in person may also find this method much more convenient and helpful and can, thus, be more inclined towards using these payday loan store locations.
Last but not least, we have the online method. Nowadays, many payday lenders have started using online platforms where users or the borrowers can fill out an application and get the loans approved instantly. Customers can do this from the comfort of their homes. One of the best parts is that it also conveniently connects with the bank account of the applicant so that the organization can transfer funds immediately.
Advance America Payday Loan Application: How to apply for a payday loan?
In case you are searching for the ways to apply for a payday loan at Advance America, I have got you covered. Here are some of the steps that you need to follow:
1. Choose Your Application Method
The first thing that you need to do while applying for the loan is to choose what method of applying they will prefer for a payday loan. The method of application will have a direct impact on which companies they can work with as some of the lenders might not offer all three methods, such as online, instore, and through app.
2. Select The Lender
The next step in this process is finding a credible lender with a higher percentage of positive user experience. You, as an applicant, should spend a lot of time researching online and reading online reviews of several companies who offer payday loans. You should try to avoid working with the lenders who have consistent or a higher percentage of negative feedback.
3. Fill out The Application Form
If you are the borrower and you have chosen the right lender for yourself, the next thing that you need to do is apply for the loan. There are several financial as well as personal details and other documents and items that the applicant who is filing for the payday loan needs to provide to the organization. Some of these include:
- ID (to verify they are over 18 years old)
- Proof of income, for example, a paycheck stub
- Social Security number
- Bank Account number
4. A Post-Dated Check
The next thing that you need to do is write a post-dated check. The company may also ask the applicants or borrowers to write a post-dated check to the payday lender as part of the process. They do so to ensure that if the applicant does not repay the money borrowed by the date that has been agreed upon, the lender can cash it and eventually recoup what they (the borrowers) owe. The applicants who apply through the app or even online may also have to agree to a similar kind of arrangement in order to have money debited from their bank account automatically.
5. Pay the balance
After receiving the loan, borrowers should plan to repay the funds before the balance is due. Although many lenders offer the opportunity to extend the loan for two to four weeks, this option will lead to additional interest charges. So, it’s brilliant for the applicants to strategize before time and take the necessary steps to ensure they have a good repayment plan in place.
Is Advance America Legit?
In case you were wondering whether the company is a legit site or not, the answer is YES, Advance America is a completely reliable and legit site that has a number of positive reviews.
There are a number of ways in which people have started to look for funding options online. And Advance America has become one of the best and the most used platforms for speedy cash. The company has online as well as in-store services that they provoke in more than twenty different starters across the United States of America.
All you need to provide to the organization is your Social Security number and other details in order for them to start issuing loans and connecting you with companies who are willing to offer you with immediate funds.
Even though the site does not disclose the range of rate of interest and their fees, it does state that a “a typical fee for cash advances is around $15 per $100 borrowed.”
Advance America Reviews
In case you were searching for some reviews of Advance America, here is a great place that you have come to.
Check out some of these legit and genuine reviews of Advance America that you need to take a look at before applying for a quick loan:
Wrapping It Up!
In case you were searching for information about and reviews on Advance America, I hope that this article has been of help to you. If there are any other queries related to the same, please do not hesitate to let me know.
All you need to do is scroll down till you reach the bottom of the page, then leave your suggestions and doubts in the box. And I will be there to answer them all for you!
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