I was happy of the user friendly side of this app till I discovered this. Let me explain. That is a HUGE difference. I am uninstalling this app immediately because I am losing money, a lot of money.
And have screenshots to prove it. Look at uploaded picture and receipts. This company operates in an incredibly outdated fashion. I had gotten a cash advance several months ago through one of their competitors Cash Advance America and it was so easy!
I provided my bank info and the loan was deposited directly into my account the next afternoon. Then on my payday, the amount due was automatically withdrawn. I expected the same from Amscot. I couldn't have been more wrong. I went to an Amscot store and they required a physical check. So I drove home, and returned with my check. I had to write a check out and post date it, which was archaic, but acceptable.
I postdated it for my pay date. Then they gave me cash with no option of direct deposit. So I had to drive to the bank to deposit it, which was a bit of a hassle, but doable. Then payday came and I started getting calls from Amscot.
The messages had no information whatsoever, just people saying "this is Amscot, if you have questions about your loan, please call. I got the cash, they had my signed and dated check. I thought the deal was done. But when the second call came with the same message I became curious. I called and the person I talked to asked when I was coming in to repay the loan!! I told her I had postdated a check with the understanding that it would be deposited.
It was Sunday, so she said the check would be deposited on Monday, which wasn't a problem since that is their normal timeline if they had known on Friday to go ahead and deposit the check. I told her that I discussed doing exactly that with the person that I talked to when I took the loan out, so I was surprised that it wasn't already done. She thanked me for clearing it up and I show that the check cleared on Tuesday. Fast forward two weeks later. I was looking for a little extra money for Black Friday shopping, but didn't want to go through Amscot again because it was a hassle.
But my application at the other company was declined because I supposedly had an outstanding loan with Amscot. I drove there and was told the loan was closed and I needed to contact someone to get more information. They needed the transaction number of my last loan. The person at the counter not only couldn't provide my own transaction number? Especially somebody who can't provide their customers with a receipt!!!!!
Then I was told the problem is that I "let" my check go to the bank. I thought that was the point, but evidently, I was supposed to go Amscot with cash and repay the loan. Otherwise loans are held open for 15 days. Second, two weeks??? For a local check to clear? And third, according to the guy at the counter, today is day Why did he need to see my bank statement? What exactly was he planning on doing with it that would change things after pm on day 14???
That's when the entire process moved from ridiculous to shifty. They are such a shifty company.. I paid the loan back from 4 years ago. Advance America abides by INFiN Best Practices and state laws, where applicable, regarding rescission, which enable you to rescind the transaction at no cost within a certain time period by returning the full amount of the advance. Contact your local Advance America store, give us a call, or visit us online and enter your location to see which specific rescission policies apply to you.
All credit levels can apply for a Payday Loan with Advance America. An established credit history is one of many factors considered when Advance America reviews a Payday Loan application.
Cash Advances are highly regulated on the state and federal level to protect both our company and the consumer. Laws and regulations include:. INFiN, a Financial Services Alliance, is the leading national trade association representing the diverse and innovative consumer financial services industry.
INFiN members deliver vital products and services — including small-dollar consumer loans, pre-paid cards, money transfers, and electronic bill payments to meet ever-changing consumer needs. Depending on your loan type and state, a Cash Advance charges a flat fee and does not have interest accruing fees.
This makes a Cash Advance often less expensive than bouncing a check, missing a credit card payment or neglecting a bill. However, the average loan term is only two to four weeks. APR is a more appropriate measure of costs associated with loans that last for at least a year, such as a mortgage loan or a car loan. However, even using APR as a measure of the cost of various options for short-term loans, Payday Loans and Cash Advances are still the least costly option compared to bank overdraft, bounced check, late payment and utility reconnection fees.
Some of our critics have proposed capping interest rates for Payday Loans or a Cash Advance, but doing so would greatly impede our ability to operate. If we charged lower fees, we would not generate enough income to pay for basic business expenses, such as rent, utilities and wages.
No business — not a credit union, not a bank — can lend money for 10 cents a day for a two-week loan term without being subsidized. Such rate-cap models overlook the significant cost of operating a regulated business, and would be an effective ban on Cash Advances.
Our customers recognize that the price of the one-time fee is appropriate for a short-term loan, relative to other options. Most banks do not provide small-dollar, short-term loans that our customers need.
Some banks and credit unions have begun to offer products they promote as "alternatives" to Cash Advances, but these options are not broadly available and involve a variety of restrictions and complex fee structures.
And in some cases, though our customers all have a bank or credit union account, they may choose not to obtain credit from these institutions because of a negative past experience, such as encountering hidden fees. We support a competitive market and encourage our customers to weigh all of their options before choosing our service. Cash Advances are not for everyone, but our customers make informed decisions, and choose Advance America because they appreciate the simplicity, reliability and transparency of our Cash Advance services.
The "cycle of debt" catchphrase is our opponents' attempt to portray our industry as taking advantage of people. It hurts the company, and the customer, when a loan is not repaid. If a customer is unable to pay back an advance within the arranged timeframe, Advance America works with him or her to find the best way to deal with their individual situation and to repay the personal loan in full. For example, our stores offer an Extended Payment Plan — where available under state law — that allows customers a longer time period to repay at no additional charge.
In fact, about 90 percent of our customers repay their advances when due and 95 percent are ultimately paid off. Additionally, we have a high customer satisfaction rating indicating our customers need our services and are happy with their experience.
Our customers are hardworking individuals — including teachers, nurses, bus drivers and first responders — who make a positive contribution to their community. All customers must have a steady source of income and a checking account to receive a Cash Advance. The maximum amount of money you'll be able to receive from a Payday Loan is regulated by state law.
In addition, you'll qualify for a particular loan amount based on your current income, within the allowed range. To learn more about the loan amount ranges in your state, click here. A Payday Loan is a two to four week short-term loan that is due on your next pay date. Payday Loans are perfect for unexpected expenses or when you need a little extra money before your next paycheck. To find out what is available in your state, click here. The entire process typically takes about 15 minutes and could get you the money you need on the spot.
Simply submit an online loan application and, if approved, the funds from this payday loan will be deposited directly into your bank account as soon as the same day. Requirements on what to bring for a Payday Loan vary by state, but a checking account is required in most cases. To see if this is required in your state, check out the What to Bring section on your state page.
To learn more about what you need for a payday loan in your state, click here. Not all Payday Loan approvals will be guaranteed, as certain criteria must be met. Advance America accepts applications from consumers with all types of credit. Credit is not the only factor we consider when reviewing a Payday Loan application. In most states, an individual can only have one Payday Loan with Advance America.
To learn about what options are available in your state, click here. Your Payday Loan is typically due on your next pay date. We offer several options to make paying your loan back convenient, including in-person or online payment options varies by state. If you are having difficulty paying back your Payday Loan, you can contact Advance America to arrange payment options. At Advance America, we understand that when you need money, you need it fast. The maximum amount available with a Cash Advance is regulated by state law.
Applying for an online Cash Advance from Advance America is simple, but know that online Cash Advances are only available in certain states. Click here to find out if in store or online Cash Advances are in your state. Then, click Apply Now to get started on your Cash Advance application to start an online application.
There are a few simple steps that take only a couple minutes of your time. Yes, a Cash Advance is also known as a Payday Loan. This is a short term, personal loan that is due on your next pay date. Yes, Cash Advances are a great short-term cash solution when you need a little extra money to get you to your next paycheck. Advance America understands that unexpected expenses can suddenly arise and financial help is needed.
Advance America can get you cash fast. Depending on your state, you can go in store for a Cash Advance or apply online. Greenlight Cash created an online platform to connect consumers like you with reliable lenders across the country. They partner with a large network of professionals so you get a chance to work with one of them and meet the challenge of improving your financial situation in the most effective way. Once you tap submit, you get one step closer to receiving the funds.
Read more how Payday Loans work on our website. Yes, Amscot operates only in Florida. It means their services are available exclusively to Florida residents. For loans in the other states check Payday Loans Online. Yes, you just need to use a branch locator, enter your ZIP code and get all the necessary information you need to get loans near you.
Any comments or reviews made on this website are only individual opinions of the readers and followers of the website. The website and its authors team are not responsible, nor will be held liable, for anything anyone says or writes in the comments.
The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change. The MPR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments.
Lenders are legally required to show you the MPR and other terms of your loan before you execute a loan agreement. MPR rates are subject to change. A piece of property that secured your Title Loan and is used as a guarantee that you repay the money.
In case of loan default, a collateral can be repossessed by the lender. Tribal Installment Loans. Personal Loan with NO credit check. Guaranteed Personal Loans from Direct Lenders. How much can I get with a Car Title Loan? COM is an independent advertising service that provides information and reviews on various companies to help customers compare them and get the best deal.
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But it doesn't impact the way the companies are evaluated. Their rating is based solely on real people's reviews which go through a double verification via phone number and e-mail. We strive to keep all the information on this site up-to-date and accurate but you should check any rates and terms as well as other product or service information on the provider's website. Home Amscot. Amscot Cash Advance Review. Loan Application Form. I have a vehicle. If you click "I have a vehicle", you add the option of taking out a Title Loan.
Amscot Rates and Fees. States where Amscot is available Amscot has locations in 1 state across the US. Available in 1 state. Amscot Locations Choose your Amscot Location to find stores near you:. Daytona Beach. New Port Richey. Palm Harbor. Pinellas Park. Plant City. Port Orange. Port Richey. Spring Hill. Tarpon Springs. Temple Terrace. Winter Haven. Amscot loans Amscot offers cash advance loans which are also known as Payday Loans , Check Cashing and cards. To get a loan or any other service at Amscot you must: be 18 years or older, a Florida resident, you cannot have any outstanding cash advances with Amscot or any other provider.
Amscot loans are a good idea because they come with a number of benefits: No Credit Checks. Fast approval process with cash in hand in minutes.
Some of the Lowest Fees in the industry. Open days a year with many hour locations. Amscot is licensed by OFR, and regulated by state and federal laws.
Check out the eligibility requirements before you start.
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