OPEN 365!
What is a
Cash Advance?

What is a Cash Advance?

A cash advance is a financial option that allows consumers access to a small-dollar, short-term loan. Upon completion of a brief application, consumers are able to access up to $500 to cover small, often unexpected expenses.  

At Amscot to obtain a cash advance, you need to fill out a brief application, sign a cash advance agreement and we’ll cash your personal check, up to $500 and hold it up to 31 days.  Amscot charges a flat, per-transaction fee for its service.  Please see the cash advance fee schedule HERE.  

It’s fast, convenient and often less than late fees and penalties on an overdue bill.  No credit check is performed.  Cash advances are designed for short-term use only and should always be used responsibly. 




*You must be 18 years or older and you cannot have any outstanding cash advances with Amscot or any other provider. Some restrictions apply. If your check is dishonored a return check fee and non-sufficient funds fees may apply. As a member of CFSA, Amscot abides by the Fair Debt Collection Practices Act, as applicable, to collect past due accounts. Non-payment does not affect your credit score. Amscot does not offer automatic renewals. APR 265.93% to 312.86 %. APR example provided is representative range based on a fourteen (14) day hold period with one payment. Amscot is licensed by the Office of Financial Regulation pursuant to Florida law governing Money Service Businesses. Notice to Our Customers: A single cash advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive. Cash advances are not recommended as long-term financial solutions.