Advance America Reviews – Legit or Scam?
from 49 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.

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Customer Responses, Reviews, or Complaints

Average Rating for " Advance America " is 1.78 out of 5 based on 49 reviews.
  • Thank you all, you have helped me cross them off my list
  • I got a text from a number claiming to be this company. And guess what it was a scam. Cause in the state I live in you can not get any kind of a payday loan.
  • I've been with AA for 15 years and we put our customers first.
  • When the offer is too good to be true; it usually is12-out-10 times.

    The majority of these on line loan lenders turn out to be Indian middle eastern men with thick heavy ethnic accents that disguise them selves with American sounding gentile names which throws up a big red flag. Another give away is that they claim to be " financial loaning companies" but yet they have no company email address, only yahoo or g mail addresses to conduct their shady business. Also they will ask for too much personal information like your social security card # or your personal banking account information over the phone or on there websites which are not encrypted to protect your data. It's sad when you have jerks,con-men and losers looking to prey on people at their most vulnerable moments of financial needs.
  • 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.
    • I was just talking to two guys from Advance Americas telling me that they work for them. I was told that my credit was not at 720 but if they sent me money and I send it back to them I will be able to get the loan because the credit would increase. They put the money in my back account, and they have been calling me so I can send it back to them. I called Advance America and am waiting on a response from them. If anyone knows anything, please email me.
  • 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.
    • I talked to this Mark too and he said that they would loan me 3K but they were going to give me 7 hundred to "verify" the account and I would have to refund it to them, then he said when I changed my mind he would call the police on me and I said its not illegal to decide against a loan. Its a major scam, I checked into it.
    • 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....
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