Happy girl explores Advance America's installment loan benefits

Installment Loans

Check out our blog for helpful
money-saving tips.

Advance America does not currently offer loans in your state.

Not in Virginia? Change Location

decorative location icon Use My Location

There was a problem with finding your location. Please use the form below.

Installment loans get you money now that you pay back over time

Installment Loans Icon

Quick and easy Installment Loans with longer-term repayment options

Installment Loans, along with Online Installment Loans, from Advance America get you the money you need today, along with the ability to pay it back in smaller, multiple payments over time. Availability of this loan varies by state. Already have an account? Login

The Advance America Installment Loan advantage

A 5-star customer experience has made us a leading provider of consumer financial services for millions of Americans since 1997
Read Customer Reviews
million loans issued
Our knowledgeable staff and personalized money solutions make getting cash as easy as can be.
stores & online
Whether down the street or right from your phone, the money you need is always within reach.
See All Locations

What are Installment Loans and how do they work?

Installment Loans are short-term loans that let you borrow a lump sum of money all at once. Then, you can pay back the loan over time in fixed monthly payments, or installments. Installment Loan repayment terms can range from several months to a few years, depending on your loan terms.

You can apply for an Advance America Installment Loan in just a few minutes. Here's how the process works:


Get an approval decision in minutes for your Installment Loan application.


Receive money same day.* Pay it back in multiple payments over time.

*Online approvals before 10:30 AM ET (M-F) are typically funded to your bank account by 5 PM ET same-day. Approvals after 10:30 AM ET are typically funded in the morning the next business day.

Benefits of Advance America Installment Loans

Here are some benefits of getting an Installment Loan from Advance America:

Easy application

We offer quick and easy applications for Installment Loans. You can complete an Installment Loan application in just a few minutes in person at an Advance America store location or online from the comfort of your home.

Get funds quickly

We offer an instant approval decision, so you may find out whether you’re approved for an Installment Loan right away. If approved, you may receive the funds in your bank account the same day you apply or within 24 hours.

Pay it back over time

With our personal Installment Loans, you don’t have to pay back the loan amount all at once. You can repay this loan in fixed monthly payments that can range over a few months or years.

Good credit not needed

Advance America looks beyond just your credit score, so you may not need a good credit score to get approved for an Installment Loan. We’ll consider factors in addition to your credit score when making our approval decision, like your income and employment history. This means that you can still get an Installment Loan with poor or fair credit.

Installment Loan Questions

How do I get an In-Store or Online Installment Loan?

In Store and Online Installment Loans are available only in certain states. Visit this page to see if Installment Loans are offered in your state.

How do I apply for an Installment Loan and what are the requirements?

In order to apply for an Installment Loan, you'll need to provide a government-issued ID, proof of income, checking account, and verification of social security number. Requirements vary by state. For specific information on your Installment Loan requirements, click here to visit your state page.

The application process for an Installment Loan is quick and easy. Simply choose an in store or online loan, where applicable, fill out a quick application, get approved in minutes, and get money as soon as the same day*!

Be sure to review the “What You'll Need To Apply” section and click on “Learn More” for more details on what you'll need to receive an Installment Loan in your state.

View More Questions View More Questions

What are the benefits of getting an Installment Loan?

This loan gets you the money you need today with the ability to make scheduled payments over time based on your pay cycle. Plus, the application process is quick and easy, with the option (depending on your state) to apply both in store and online. To find out what types of Installment Loans are available in your area, click here.

Do I need perfect credit to apply for an Installment Loan?

Advance America considers customers with all types of credit. For Installment Loans, we will review third party data sources to verify credit.

Why get Installment Loans from Advance America?

Installment Loans allow you to pay back your loan the way that fits your needs, with longer-term repayment options. This means you have the ability to repay with multiple payments over time.

We're a state licensed company, which means we follow all applicable state and federal laws.

All Installment Loan rates, terms, and fees are explicitly outlined in the agreement with no unexpected charges or hidden costs when borrowing.

When and how is the cash from my Installment Loan deposited?

There are several options for how you may receive your money, depending on whether you complete your application in-store or online. For an in store Installment Loan, you can receive cash or a check as soon as you're approved and sign your loan paperwork. Should you choose to apply for your Installment Loan online, your money can be directly deposited into your bank account as soon as the same day.* Select your state above, or to see if Installment Loans are available near you, click here.

What is the minimum/maximum amount of money available with an Installment Loan?

The minimum and maximum amounts available to you with an Installment Loan vary by state. To learn details about the amounts available in your state, visit our state page.

Does an Installment Loan require any collateral?

Collateral is not required for an Installment Loan. All we need from you is your government issued ID, proof of income, checking account, and verification of social security number in order to complete your application. To learn more about which documents are necessary to process your application, please click here.

Installment Loan rates & terms

Finance charges for Installment Loans vary by state and by length of loan term the customer selects. Rates and terms for Installment Loans are based on state regulations.

To get examples of the Installment Loan rates and terms in your state, click Learn More below.

What you'll need to apply for an Installment Loan?

To apply, you'll need the following items:

  • Government issued ID
  • Source of income
  • Checking account
  • Social Security Number or ITIN (in store only)

Learn more about what is needed in your state.

Proudly serving our customers

Advance America Installment Loan customer reviews

"I am so thankful I received a pre-approval letter in the mail because I never knew they existed. I was approved for a $1000 installment loan in…

5 star rating

"Our worker was very nice, to the point, and very helpful. I like the way the company is ran, very well!"

5 star rating

"Very fast friendly and professional. I was in and out within 15 min. "

5 star rating

Read More Reviews

Installment Loan payment questions

How do I repay my Installment Loans?

Repayment of your Installment Loan will take place on each installment due date, which typically follows your pay dates, via auto withdrawal from your bank account or cash payment at your location. Depending on your state, repayment will take place anywhere from 3 to 36 months and generally coincide with your pay date.

When are my payments due for an Installment Loan?

Typically, your loan payments are aligned with your pay dates. During the loan process, we will review the specific due dates and amounts associated with your loan to ensure you understand the terms of the agreement before finalizing.

View More Questions View More Questions

Can I pay off my Installment Loan early?

Yes. There is no penalty for paying off your loan early and doing so may decrease the overall cost of your loan.

What if I cannot pay or will be late repaying my Installment Loan?

Please contact us at your local store or call (844)562–6480 if you are unable to make your Installment Loan payment on time. Advance America will work with you to establish payment arrangements for your Installment Loan. And we're committed to collecting past due accounts in a professional, fair and lawful manner. Past due payments may impact your ability to transact with Advance America and other lenders.

Find an Installment Loan store nearby

decorative location icon
No matter where you are, the money you need is never far.
Find a Store