When things come up, you could get up to $500 in minutes.
Payday Loan. Cash Advance. Essentially, they’re the same thing. Here, we call it an Amscot Cash Advance to emphasize one of the most convenient aspects of choosing Amscot. While other providers may give you a check, our approved cash advance customers walk out with cash!
Why is a Cash Advance (payday loan) a popular option? Not only is it fast and convenient, it often costs less than late fees on an overdue bill.
For a $100 cash advance, the fee at Amscot is $13.00. The fee is equivalent to 10% of the amount advanced, plus a $3.00 verification fee per transaction. Annual Percentage Rate (APR) for the $100 cash advance example is 338.93% assuming a 14 day hold period. Chart Sources: CFPB CARD Act Report, 2013; CFPB Study of Overdraft Programs, 2013; Readex Research National Data on Short-Term Credit Alternatives, 2006; Bankrate.com Checking Account Survey, 2014; Moebs Services, 2012.
Searching for an Installment Loan near you? Look no further than your neighborhood Amscot.
Need to borrow more money than you can get with a Cash Advance … with the added flexibility of having more time to pay it back? An Installment Loan may offer an ideal solution. Here at Amscot, we call it an Installment Cash Advance because we can put cash in your hand. Even if you have bad credit. You could qualify to get between $100 to $1,000 with no credit checks and flexible payment options.
Amscot is regulated by state and federal laws. We operate only in Florida, a state with some of the strictest consumer-protection laws in the United States and have many convenient locations to serve you. Amscot is a member of and adheres to the "Best Practices" of INFiN. Pursuant to a provision of the federal law and as a member of INFiN, Amscot cannot offer you a cash advance if you are an active member of the military or his/her spouse or dependent. For more information related to this law please click here.