Advance Financial

Advance Financial

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Overall Rating1.0 out of 5
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About Advance Financial

Advance Financial provides online FLEX Loans in states across the U.S. that allow customers to withdraw funds as they need them and pay the money back at a convenient pace. It also offers installment loans in certain states and additional services, including wire transfer and bill payment.

Pros & Cons


  • No collateral necessary
  • 24/7 customer service
  • Flexible terms
  • Online application and approval


  • High fees
  • Not available in all states

Bottom Line

Advance Financial offers online loan services to residents in certain states. Customer service is available 24/7, but Advance Financial loans have high fees and can be an expensive form of credit.

Featured Reviews

Mount Carmel, TN

Me and my husband both have a flex loan from Advance Financial. They are very friendly. They don't try to hide anything. But if you're in need of money quick this is the place to ...

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Hopkinsville, KY

I came into the Ft Campbell Blvd store in Clarksville, TN to get a flex loan. Ebony was great and extremely patient given the situation. She had a great attitude and made the expe...

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What is Advance Financial?

Advance Financial offers fast, online FLEX Loans to residents of 13 states. A FLEX Loan allows a borrower to withdraw anywhere from $25 to $4,000 at any time and pay it back, plus interest and fees, in conveniently scheduled payments that align with the borrower's pay dates. On their pay date, the customer must make at least a minimum payment.

To apply for a FLEX Loan, you need a photo ID and proof of income. If you are approved for a FLEX Loan, Advance Financial deposits the funds into your bank account within a day.

Advance Financial offers online FLEX Loans in Alabama, Delaware, Idaho, Kansas, Mississippi, Missouri, North Dakota, South Carolina, Tennessee, Utah, Virginia and Wisconsin. In-store services are available throughout Tennessee. Advance Financial offers installment loans in Mississippi, Texas and Wisconsin.

Advance Financial interest rates and fees

Advance Financial FLEX Loans' annual percentage rates depend on the state where the borrower lives, but they typically range from 240% to 360%.

Advance Financial aligns FLEX Loan payment due dates on your pay dates. On the payment due date, you can pay any amount from the minimum payment to the total due. Keep in mind that the amount you pay on your due date has a direct effect on the total finance charges on your loan.

Advance Financial does not charge prepayment penalties if you pay off your loan early. Visit the website to learn more about interest rates and fees in the state where you live.

Advance Financial FAQ

Does Advance Financial check credit?

Advance Financial performs a credit check when you apply for a FLEX Loan or an installment loan. You also need a government-issued photo ID and proof of income.

How does Advance Financial’s FLEX Loan work?

Advance Financial’s FLEX Loan lets you withdraw anywhere from $25 to $4,000 at any time, depending on your credit limit. You make payments on scheduled due dates, usually aligned with your pay date, that include interest and fees. As you make payments, you are allowed to continue withdrawing money up to your credit limit.

What happens if you don’t pay back Advance Financial?

If you don't pay back Advance Financial, interest continues to accrue. At some point, Advance Financial may refer your account to a collection agency.

How long does it take to get a loan from Advance Financial?

Advance Financial usually deposits loan funds into your bank account within one day, according to its website.

Is Advance Financial a payday loan?

No, a loan from Advance Financial is different from a payday loan. Advance Financial offers FLEX Loans and installment loans, which generally provide longer loan terms.

Where is Advance Financial available?

Advance Financial offers loans in Alabama, Delaware, Idaho, Kansas, Mississippi, Missouri, North Dakota, South Carolina, Tennessee, Texas, Utah, Virginia and Wisconsin.

Is Advance Financial legit?

Advance Financial is a legitimate way to get quick cash online without collateral. The company's convenient 24/7 lending services make it appealing to borrowers. However, Advance Financial's high fees and interest rates are worth noting before you sign a loan agreement.

Advance Financial Reviews

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Page 1 Reviews 0 - 10
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Reviewed Sept. 16, 2023

Predatory lending at its finest and should be shut down. Interest is applied daily to your loan making it impossible to pay it off. I will pay this loan back and never use this service again. DO NOT TAKE A LOAN OUT WITH ADVANCE FINANCIAL 24/7!

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Reviewed Aug. 15, 2023

I received a pre-qualified offer for a loan in the main about a week ago. I applied online, and my credit account was locked to protect against identity theft. I tried to explain to the agent that he needed to manually process my application so that I could qualify for the loan. He refused. I asked to speak to a supervisor, and he became argumentative. I would not recommend this company to anyone.

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    Customer ServicePrice

    Reviewed Aug. 3, 2023

    I have now called three times to be removed for from their calling list and this last time, I also asked them to not sell my information and they hung up on me. I made the mistake of clicking on a social post or article (I don’t remember) and clearly I’m paying the price.

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    Reviewed July 21, 2023

    Get a loan and nothing ever goes towards principal. They prey on the poor and make it hard to pay off loans. It took me 3 years to pay a 3000.00 dollar loan and will never get a loan from them again.

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    Customer ServicePrice

    Reviewed June 2, 2023

    The experience was good, until they stopped lending in Virginia. I began noticing that my balance was not going down and realized that I was paying over $50-60 a month and only $1 of this was going towards the balance due, with the rest going to interest. No one warned me of this and I attempted to communicate with them and was ignored, until waited on the phone for 20 minutes to discuss it. I was told "there was nothing they can do". I emailed and was given a canned message. Basically, since last year - they have been doing this. Be careful if you borrow from them and then your state is no longer on their list for credit.

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    Reviewed March 15, 2023

    I talk with Nicholas, Virgins, Tasha who claim to work out of corporate office. A mesha they all are **, very unprofessional and rude, talk over you. And messed up my loan, made me fill out app 3 times…. Did not resolve the situation, was very big headed and out of pocket. When I talk with the ** woman she did everything she could to help. When she transferred me I got some power trip ** people females.. They have too much of my personal info to disrespect me the way I was disrespected.. No one will tell me how to file a complaint on the corporate office where I spoke with a Tasha, very disrespectful and mesha made me hold for 7 minutes because she didn’t wanna give me any info to move forward. I gave them a zero and I need to find out what those people that work from home did with my personal info asap

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    Reviewed Nov. 11, 2022

    I would not recommend going to Advance Financial or any other company under Harpeth Financial Services (owner of Advance Financial). I originally took out a FLEX Loan through them back in November of 2021 right before Covid-19 hit me the hardest and caused me to fall behind on many bills. When I got sick with Covid and tested positive for it in December right before Christmas I called and talked to them then about working with me and they agreed to do so which I thought was great, but then it slowly went down hill from there again as I had even more problems with my vehicle due to a shady mechanic screwing me over and taking my money and it made it difficult to get to work.

    This time they seemed to not be so agreeable as they wanted me to pay what I couldn't afford for a few months as I tried to fix my vehicle so I could get to work. I told them in June this year I had no other alternative to get to work but they didn't care so I told them when I'd start to make payments again of at least $140 every 2 weeks wouldn't be until the end of October 2022. Then in September I received a summons from a Sherriff's department officer for a court date from a lawyer office that was also a debt collector. So I wouldn't get any loan from them at all if you can avoid it. They won't work with you when you fall on hard times and the APR is 279.50% which is not worth it at all. If you need extra money for whatever reason please find other means to get it that won't end up with you having to pay astronomically back.

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    Reviewed July 14, 2022

    I have had a loan with Advance Financial since March 2021. I have always made my payments on time. Yet, my balance increases and the payment never goes towards the principal. Over 1 year of payments and not one penny has gone towards the principal. I pay over $1000 per month for a $4000 loan and with each statement the balance increases. Even if it is a few dollars a statement, shouldn't a consumer see the balance decrease?

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    Reviewed July 5, 2022

    I think I purchased a money order from Advance Financial in May of 2022 from the first to the fifth for $579. I would have paid rent for it. I got a letter from my landlord stating rent wasn't paid for May. I went to advance financial to track the money order (I lost the receipt) and they refused. I always purchase money orders from them (June and April and numerous before) but they could not find May. They refused to cooperate. My lawyer wrote them a letter. I went back and they somewhat cooperated. They couldn't find one for May. I think they were irritated by the attorney's letter. I asked for a print out of this information and they refused. Read this and come to your own conclusion.

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    Reviewed July 1, 2022

    In a just a span of 3 months from the date that I borrowed, my interest is a total of $3360!! I PAID IT OFF in 3 months because it seems like nothing is being deducted to the principal amount after paying my first payment which is $600!! I borrowed $4000, I decided to pay it off within 3 months! I ended up paying a total of $7135!!!

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    Advance Financial Company Information

    Company Name:
    Advance Financial
    100 Oceanside Drive
    Postal Code: