Founded in 1998 and based in Nashville, TN, Advance Financial is a direct lender available in 12 states across the country. Advance Financial’s flexible FLEX Loan offers a convenient and flexible way to borrow money. In addition to helping you cover unexpected expenses, the FLEX Loan can also be repaid in installments. The company advertises its services at AF247.com.
An Overview Of advance financial
If you’re considering a personal loan, it’s important to explore your options. Advance Financial is a well-known lender, but is it right for you? To make an educated decision, you should be aware of Advance Financial’s services. A comprehensive review of Advance Financial’s services is provided in this article so that you can decide whether Advance Financial is the right lender to give you your business loan.
Here are some noteworthy findings we discovered after reviewing the organization’s website and regulations.
- APRs range from 240% to 360%.
- Loan amounts range from $25 to $4000.
- Lines of credit are typically approved (or denied) within 48 hours and funded within 1 business day.
- There are also check cashing services, free bill pay, wire transfers, Netspend Cards, and free money orders available.
Advance Financial: What is it?
Besides offering FLEX Loans and cash advances online, Advance Financial also operates 85 locations in Tennessee. Customers can access up to $4000 through their online platform and physical stores. States: Alabama, California, Delaware, Idaho, Kansas, Missouri, North Dakota, Tennessee, Utah, and Virginia.
Currently, Advance Financial is not accredited by the Better Business Bureau. Over the past three years, the company has received 40 customer reviews and 168 complaints, resulting in a 1-star rating out of 5. Customers have had negative experiences with the company, which indicates that the company needs to address these issues in order to improve its accreditation and rating.
What does Advance Financial do?
Among the services offered by Advance Financial are cash advances, payday loans, installment loans, bill pay, money transfers, prepaid debit cards, and check cashing. Advance Financial allows customers to obtain the funds they need by visiting a store, online, or by phone. At the store, they can complete a loan application, and if approved, they will receive them.
Customer service representatives can answer any questions by phone or online. Online, customers can apply for a loan, check their loan status, and manage their loan.
What is the qualification process for Advance Financial?
In order to be eligible for the Advance Financial FLEX Loan, the borrower must be employed and earn a minimum annual income. U.S. citizens and permanent residents/green card holders may apply for Advance Financial FLEX Loan services. The minimum age for eligibility is 18 or the state minimum.
In order to qualify, applicants may need to provide the following documentation:
- Pay stubs from the past few months
- Income proof
- An official driver’s license
- Citizenship or residence permit proof
BBB ratings for Advance Financial
With a Better Business Bureau rating of C-, Advance Financial is not currently accredited. Customers have given this company a 1-star rating out of five based on 40 Customer Reviews and 168 complaints over the past three years. Because of these reviews and complaints, Advance Financial needs to fix these problems if it wants to improve its rating and reputation, since customers have said bad things about the company. In order to increase customer satisfaction and improve their rating, Advance Financial should listen to their customers’ feedback and address their concerns as soon as possible.
FAQs on Advance Financial Services

What is Advance Financial fee structure?
For those seeking quick access to funds, Advance Financial offers a fixed APR product ranging from 240% to 360%, with no origination or cash advance fees. The FLEX Loan from Advance Financial is a convenient and accessible option. As a result, Advance Financial usually approves (or denies) personal loan applications within 48 hours and funds personal lines of credit within 1 business day of approval, making it a fast and convenient way to get money.
What is the application process for Advance Financial?
You can apply for Advance Financial by visiting their website and filling out an online application. After completing the application, you’ll need to provide proof of your income, identity, and other documents. As soon as you submit your application, they will review your information and decide whether or not to provide you with a loan. If they approve, you will receive your funds the next business day.
What is the impact of Advance Financial on your credit?
Your credit score can be negatively or positively affected by Advance Financial based on how you use the service. By making payments on time and in full, you can improve your credit score, while making late payments, accumulating multiple fees, or allowing your balance to become too high can negatively impact your score. Using Advance Financial responsibly is essential to maintaining a healthy credit score since any type of loan or credit line can affect your credit score.
Can I cancel Advance Financial?
You should not take a personal loan lightly because it is a serious decision. The best way to determine if a loan is the right choice for your situation is to research all loan options and study its terms and conditions before any loan amount is disbursed. Once the loan amount is credited, you become responsible for repaying the loan with interest. You cannot reverse the loan amount once it is credited. Therefore, before applying for a loan, it’s important to make sure it’s the right choice.
Here are some tips to help you make ends meet.
Do you feel the financial strain? When you have a tight budget, it can be hard to get by. But there are some helpful tips you can use to get back on track. The first step is to make a budget. You can use this to track your expenses and make sure that you remain on track with your financial goals. Make sure to include all your necessary expenses, including rent, utilities, and groceries.
Your budget will help you determine how you can cut expenses and save money. Saving money involves cutting down on unnecessary spending, such as forgoing the morning coffee run and making coffee at home. Buying in bulk or using coupons can also help you save money on groceries.
Getting rid of debt is another way to save money. If you owe money on your credit cards, pay them off as soon as possible. It may also be a good idea to consolidate your debt into a single loan with a lower interest rate if you are still having difficulties making ends meet. You may need to find ways to make more money if you are still struggling financially.
You don’t have to face your financial struggles alone. With the right strategies, you can get back on track. This may involve working part-time, freelancing, or selling items you don’t need anymore. Spend some time creating a budget, reducing your expenses, and paying off your debt. You won’t miss a beat.
Advance Financial: Is it legit or a scam?

Though Advance Financial has been in business for 25 years, it has a C- rating with the Better Business Bureau that indicates improvement is needed. Due to the average of 40 customer reviews and 168 complaints over the past three years, Advance Financial has a 1-star rating out of 5-stars from customers. In order to improve Advance Financial’s rating and accreditation, it must address customer concerns. By listening to their customers’ feedback and addressing their concerns promptly, the company will be able to achieve this goal.
Find the best provider of personal loans by doing your research. You must read customer reviews, verify the lender’s credentials, and ensure the terms and conditions are clear and straightforward. By evaluating these factors, you can ensure that you get the best loan and provider. You will be able to get the best deal if you do the necessary due diligence.
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Advance Financial
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Advance Financial Review
Though Advance Financial has been in business for 25 years, its C- rating with the Better Business Bureau indicates that there is room for improvement. During the past three years, Advance Financial has received 40 customer reviews and 168 complaints, leaving them with a low 1-star rating out of 5-stars. It is clear that Advance Financial must address customer concerns in order to improve its accreditation and rating. By listening to their customers’ feedback and responding promptly to their concerns, the company can achieve this goal.
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