Do Research Before Applying for an Cash Advance

Cash Advance Giant Serves U.S., U.K. and Canada

advance america cash advance

Looking for a cash advance, prepaid Visa, gift card, money order or wire transfer? Chances are that your search may have led you across some of the 7,000-plus employees of (aka AARC, Inc. or AEA on the New York Stock Exchange). The cash advance and payday loan company founded in 1997 and currently headquartered in Spartanburg, South
Carolina operates over 2,800 walk-in cash advance stores across 35 United States, as well as locations in Canada and the United Kingdom. That doesn’t even take into account affiliate stations under the National Cash Advance brand. Most recent annual revenue statements put Advance America at nearly $710 million in profit, which indicates that many of you have utilized their services online or in-store.

Heed the Company Creed

  • Respect Your Customers: We treat our customers with dignity and courtesy at all times.
  • Respect Your Associates: We treat our associates as we would like to be treated.
  • Respect Yourself: We work hard and use good, ethical judgment in everything we do.
  • Respect the Law: The Law is there to protect us and our customers.

Reports of Cash Advance Satisfaction

“Advance America Cash Advance provides simple and reliable access to funds that help working people meet their financial obligations,” claims the company’s Web site, “Our customers choose a cash advance as a dignified, transparent and responsible option for managing short-term financial challenges, without asking family or friends for money or risking personal items as collateral.” What consumer who was in a financial jam wouldn’t want such an option? And if Advance America’s survey claim is accurate, as high as 92 percent of their customers say cash advance is “a useful service” and 90 percent were “very satisfied” with their Advance America transaction.

Who Looks to Advance America?

The company provides interesting customer demographic information on their Web site. Median household income is $40,984, while average customer age is 39. Nine out of 10 customers have at least a high school diploma, and more than half have college credits on their resume. Almost half of all Advance America customers own their own homes as well. So what we see is the portrait of a customer who isn’t poor, uneducated or without assets. Furthermore, all customers of Advance America have a steady income and active checking account; these are basic requirements to apply at nearly any cash advance lender, including those who lend through this Personal Money Store online portal.

Why a Cash Advance?

Advance America cash advance chartWe know that the recession has brought tough times to America and the world. Short-term consumer credit like cash advances or payday loans can help during a cash emergency –  and they’re available through Advance America even if a consumer’s credit or administrative hassle have barred them from traditional bank or credit union loans. Increased consumer financial choice is better in a working capitalist model for a variety of reasons, including price regulation. More than 19 million cash advance customers agree, says Advance America. And if that doesn’t convince you, consider just how much you might be pay with comparable alternatives (image courtesy of Advance America).

Advance America: A Force in Online Cash Advance

Using data from, we can see that Advance America received 147,048 unique visitors in November 2009 (up about five percent from the previous month). Total visitors in November amounted to 243,070, which reflected about a 29 percent increase over October totals. Not surprisingly, Google referred the most traffic to (17 percent), while Yahoo (seven percent) and “” (also seven percent) were also significant. Most common search terms according to are “Advance America” (24 percent), “cash advance” (eight percent), “” (five percent), “payday loans” (four percent) and “cash advance America” (four percent).

What You Need to Apply

If cash advances and payday loans from Advance America appeal to you, here is a general summation of what you’ll need to apply:

  • A post-dated check for the loan amount plus fees (typically around $15 per $100 loaned)
  • Government-issued photo ID
  • Second ID with your name printed on it (Social Security card is one example)
  • A bank statement one month old or newer
  • Recent pay stub for income verification
  • Personal references (at least three)

Please note that requirements may vary by state and when you apply for a cash advance online. If you apply online for an Advance America cash advance of $100 or more and receive approval, the money can be directly deposited into your active checking account by the following day (if the application is submitted before 9 p.m. CST).

Advance America – Because That’s What You Do

Because you work hard, you deserve a cash advance company that meets your needs. That’s what Advance America claims to do. Because working people “advance America,” they deserve courtesy and respect – something traditional banking giants aren’t always willing to give.

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