Advance America Loans in Huntsville (AL)

Advance America
This page provides a detailed overview of all Advance America Loans in Huntsville (AL). Including lending terms, interest rates and customer reviews. Compare offers and choose the best loan product for your needs.
Offers: 8
Updated:
16.07.2024
09:35
Best Quick Loan Today 19.07.2024*
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Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
100.00 – 5000.00 $
Rate
i

Interest rate

from 0.05 %
Term
i

Loan term for the financial product

5 days – 3 months
Apply
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.23
(41 Ratings)
Recommended FinScore™
0
300
650
1000
to 1800.00 $
Rate
i

Interest rate

to 688.28 %
Term
i

Loan term for the financial product

to 28 days
Apply
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
to 1800.00 $
Rate
i

Interest rate

to 688.28 %
Term
i

Loan term for the financial product

to 28 days
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
to 25000.00 $
Rate
i

Interest rate

from 36.00 %
Term
i

Loan term for the financial product

1 months – 2 years
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
to 3000.00 $
Rate
i

Interest rate

to 259.00 %
Apply
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
to 3000.00 $
Rate
i

Interest rate

to 333.81 %
Term
i

Loan term for the financial product

to 2 years
Apply
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
to 25000.00 $
Rate
i

Interest rate

0.60 – 1.00 %
Term
i

Loan term for the financial product

to 24 days
Apply
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
to 25000.00 $
Rate
i

Interest rate

1.00 – 6.00 %
Term
i

Loan term for the financial product

to 24 days
Apply

How to Apply For an Advance America Loan in Huntsville (AL)?

  1. Apply for a Loan. You can apply for a loan from Advance America online or in-person at one of their retail financial service centers. You'll need to provide information such as your name, address, employment information, and financial information to apply.

  2. Review and Accept Loan Terms. If you're approved for a loan, Advance America will provide you with the loan terms and conditions, including the loan amount, interest rate, fees, and repayment terms. You'll need to review and accept these terms to receive the loan.

  3. Receive Funds. Once you've accepted the loan terms, Advance America will provide you with the loan funds. This can be done through direct deposit to your bank account or by receiving cash at one of their retail centers.

  4. Repay the Loan. As specified in the loan agreement, you'll need to repay the loan on the due date. Advance America may automatically deduct the loan repayment from your bank account on the due date, or you may need to repay the loan in-person at one of their centers.

Conditions and Requirements

Conditions

Interest rates and fees vary from one state to another. When you apply for an installment loan from Advance America, you'll be asked for your zip code before you can see what offers are available. Once you know what rates are available in your area, compare them to the fixed interest rates on personal loans from other lenders.

Advance America's interest rates might be rather expensive. Rates vary by loan type and state but are frequently in the triple digits. Payday loans in California, for example, include costs that amount to an annual percentage rate, or APR, of roughly 460%. Installment loans feature lower interest rates, but some have APRs that exceed 200%. For example, in South Carolina, an installment loan of $650 with a six-month term has an APR of 348.0%. You would have to pay back that $650 loan from South Carolina with $1,341.12. Check the Advance America website for the latest rates.

Requirements

To obtain a loan from Advance America, applicants must provide personal identification, proof of income, a bank statement, and a personal check. In many states, a debit card or ACH authorization can be used instead of a personal check. The specific conditions and requirements may vary based on the type of loan and state regulations.

For a loan application, ensure to have:

  • Government-issued ID
  • Income proof
  • Checking account
  • Social Security Number or ITIN (only in store)
  • Personal check (mandatory in some states)

For Online Title Loan application via LoanCenter, the requisites include:

  • Valid government ID
  • Vehicle (solely for inspection)
  • Vehicle title bearing your name
  • Income proof

Important

Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

How to Choose a Lender

  1. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.

  2. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.

  3. Carefully review all the terms and conditions of your payday loan contract.

  4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

  5. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.

  6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

Additional Resources

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