Advance America Reviews – Legit or Scam?
from 48 reviews Review It


Advance America was established in 1997 and is currently one of the nation’s largest payday loan companies, offering full service operations both at in person locations and online.

Advance America offers a full range of short term financial services, from payday loans to installment loans, MoneyGram services, Visa prepaid cards, auto equity loans, gold buying, and even tax preparation.

You can obtain payday loans from Advance America at their in house locations, as quickly as ten minutes after your application has been approved, or from their online website, and the funds will be direct deposited into your bank account the next day.

Warnings About Payday Loans

Payday loans are extremely controversial. Because payday loans are targeted at people who need cash immediately and have no other means of receiving it, these companies are able to charge high interest rates, with the nationwide average being 390% APR.

Often these high interest rates result in people’s inability to be able to pay back these short term loans on time, which results in a series of fees making it even more difficult for those struggling financially to keep up with it.

Because of this problematic cycle, individual states have created rules and regulations regarding the approval of payday loans and limiting their fees. Some states have outlawed the practice, while others have few regulations that limit payday lenders.

Advance America’s Payday Loans

In an effort to combat the negative stereotypes associated with payday loans, Advance America claims to be committed to following all federal and individual state laws associated with giving payday loans.

Also, they are a member of the Community Financial Services Association of America (CFSA), which is the only national organization dedicated to promoting responsible regulation of the payday advance industry.

As a member of CFSA, Advance America claims that they make sure all their terms, conditions, fees, and payback schedules are as clear and easy to understand as possible, so that their clients have the best chance at successfully paying back their short term loans.

Even though Advance America makes all these assurances, it is still up to those borrowing the money to ensure they know exactly what they are getting into before they accept the terms of the loan being offered to them.

Note: If you’re interested in learning more about Payday Loans check out our detailed guide, “Payday Loans Explained: Should You Ever Get One?” for more info.

Would you like to add your review for
Advance America ?
If so, click here
Share This Page!

Customer Responses, Reviews, or Complaints

Average Rating for " Advance America " is 1.71 out of 5 based on 48 reviews.
  • It's too bad that a legitimate company is getting drug through the mud due to scammers pretending to be from Advance America. They are not from Advance America!!!! If anyone asks for money upfront to loan you money, hang up. Sure you will pay higher interest rates when using a quick service such as Advance America, but that's very clear on their website and due to the higher risk involved in loaning money to those with less than stellar credit. Too bad so many people think that these scammers are actually from Advance America. I do not, nor have I ever worked for Advance America but a search online and you will quickly find that they are a legitimate business and not at all affiliated with these scam artists.
  • Advance America is a legitimate company that will NEVER, UNDER ANY CIRCUMSTANCE, ask for money upfront. These scammers are using the companies name to sound as if they are a legitimate company, remember that anyone can claim they are from whatever company they choose. Scam artists know to use a reputable company name if they want to pull off their intended scam. Don't ever pay out money in advance for a loan, or the promise of a loan. Go to one of Advance America's storefront locations or their website to apply for a Payday or installment loan. That's the only way to know that you are not being scammed. The internet is full of people looking to take advantage of people who are down on their luck and couldnt care less if they leave you penniless. Their goal is to get as much from you as possible. If anyone calls you and offers you a loan, ask for their information, name, company name, and physical address. Even if they don't ask for money upfront, beware of lenders calling you to loan you money, especially with so many strings attached. The only strings attached to a legitimate loan is interest fees. Hope this helps someone from getting taken to the cleaners.
  • I got a text about 5000 but they told me that i would half to pay 50 bucks to get it processed
  • I just got a call from Mark who said he was form advance America. He offered me $5,000 loan but he needed my user name and password in order to verify my bank account. He already had my accounting routing number and account number. I was going to fall for it because I need money to move out of state but had reservations.
    • That was very wise of you to back out, as I felt uneasy, too, about buying an ebay gift card for $200. Afterwards, calling some schmuck, allegedly named "Robert", before he could release the $5,000 into my account. I'll sleep easier knowing I didn't fall for this scam!

  • they want you to borrow, but once you do , beware I had double payments taken out of my account. and they get rude.. how is that suppose to get customers...???

    yes they returned one , but I made a payment ,cause it was getting late the day they suppose to take it and I was afraid of a penalty...oh, apply it to your loan...she said...

    on top of it all , I was in a negative balance.....I will never use them ever again....
  • Carlos,

    The exact scam was tried on me. Wanting my user name and password to gain access to my checking account. To all, Watch out.

    Howard C.
  • Wow these guys got a call from Melvin Bond stating

    Hello,This is melvin bond from AdvanceAmerica need to inform you that your Loan Application has been fully Approved by our company and your approval amount is between $2000 to $7000 and there is no upfront, no processing fees and no hidden charges,

    To get this loan call us back on

    (209) 479-7193

    I called him back he had all my info I told him I never applied for a loan from them and how did they have my info he sorta changed the subject and asked me do I need money or not I went along with it saying yea how much are the payments knowing something was fishy I was curious and wanted to see how much they are gonna try and scam me he then asked mor my bank PIN number and user name and password I laughed and said ok guy who actually gives that info over the phone he said o could change it asap but he just needs to make sure it's a real bank account so he can deposit the money ... what a scam these jerks need to get a real job !! Beware !! This site needs to be put all over the internet and news so people can be aware of this stuff!!!
  • I have been receiving texts messages and calls from Advance America. I was ignoring all of them until today I decided to call them. I talked to this man that told me that I have been approved for 10,0000 dollars in installment payments. Then he asked if I needed all of it I said no just 1500.00 and he said that I at least needed to get 3000.00 because that is the least that they could approve.I said ok and then he verified my Bank Information and account # of where the money was going to be deposited. He told me that I had to go to a Walgreens or CVS store and get a card in the amount of 275.00 (this was to verify that I could pay the monthly payment) to verify financial procedure for state government of TX. He told me that before I entered the store to give him a call so that he could continue with deposit procedure. He also asked me when was I going to do this I told him today after 5:00 pm and he said ok that he would update my account with this information.Something did not sound right to me so I decided to look for the reviews and came across this page. Thank you!!!
Please Write Your Review Below

Your e-mail address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.