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Part of the Advance America chain · locations
Advance America in Hermitage, TN
Advance America on Lebanon Pike in Hermitage, TN offers emergency cash loans and title loans with quick approval and flexible repayment.
Data compiled from public sources · Rating from CreditDoc methodology
Advance America Review
Advance America's Hermitage, TN location sits at 4030 Lebanon Pike, a convenient standalone storefront in the heart of Hermitage. This branch serves the Hermitage community with quick-turnaround cash advances and title-secured loans during regular business hours: Monday through Friday, 10 AM to 6 PM. The location is closed on weekends, so plan your visit accordingly.
At this Hermitage location, you can apply for payday loans, title loans, and other short-term lending products. Call +1 615-885-6595 to speak with staff, discuss your financial situation, and get approval details. The team can walk you through what documents you'll need and how long the process takes.
If you live or work in Hermitage, TN and need emergency funds before your next paycheck, bring a valid government ID, proof of income, and banking information. Advance America specializes in fast cash when you need it most, with flexible terms tailored to your situation.
Services & Features
Cash Advances
Check Cashing
Customer Rewards Program (points redeemable for fee discounts)
Financial Education Resources
In-Store Loan Disbursement (cash in ~30 minutes)
Installment Loans ($500–$4,000)
Lines of Credit (up to $4,000)
Money Orders
Online Loan Applications
Payday Loans ($100–$2,000)
Title Loans ($1,000–$10,000)
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pricing Plans
Payday Loans
Free /mo
- Loan amounts from $100 to $2,000
- APR range approximately 350%–700%
- Fee structure: roughly $10–$30 per $100 borrowed
- In-store cash disbursement in as little as 30 minutes
- No minimum credit score — income and employment-based approval
- Available in-store and online in 23 states
Most Popular
Installment Loans
Free /mo
- Loan amounts from $500 to $4,000
- APR range 200%–348%+ depending on state and term
- Multi-month repayment schedule
- Example: $650 over 6 months in SC carries ~348% APR, ~$1,341 total repayment
- No good credit required
- Available in-store and online
Title Loans
Free /mo
- Loan amounts from $1,000 to $10,000
- Secured by vehicle title
- High APR — varies by state
- No credit check required
- In-store application process
Line of Credit
Free /mo
- Revolving credit limit up to $4,000
- Borrow, repay, and reborrow as needed
- APR varies by state
- Online and in-store access
- No good credit required
Pros & Cons
Pros
- Founded in 1997 — 25+ years in operation with over 157 million loans funded
- Approximately 750 physical store locations in 23 states with in-store cash available in as little as 30 minutes
- Approval based on income and employment — no minimum credit score required
- Customer rewards program awards points for on-time payments, redeemable for fee discounts on future loans
- A+ BBB rating with accreditation since 2024 and declining complaint trend (~74 complaints in past year)
- Online applicants approved before noon typically receive same-day or next-business-day funding
- Newsweek Greatest Workplaces certified across four categories in 2024–2025
Cons
- Extremely high APRs: payday loans run 350%–700%, installment loans 200%–348%+, far above mainstream lending
- BBB consumer review score is only 1.7 out of 5 from 154 reviews — a sharp gap from the A+ institutional grade
- Available in only 23 states — residents of other states have no access to their products
- Owned since 2012 by Grupo Elektra, a Mexican retail conglomerate — not a U.S.-based independent consumer lender
- No confirmed dedicated mobile app — online account management is limited to a web portal
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 3.8
Transparency 3.4
Ease of Use 4.0
Compare the Best Personal Loan Options
See which lenders actually approve borrowers with bad credit. We compared APRs, fees, minimum scores, and funding speed.
Frequently Asked Questions
Is Advance America legitimate?
Yes. Advance America is a registered company, headquartered in Greenville, SC, founded in 1997. They hold a A+ rating with the Better Business Bureau and are BBB-accredited.
How much does Advance America cost?
Advance America plans start at Free per month with no setup fee. No money-back guarantee is offered.
Quick Facts
- Founded
- 1997
- Headquarters
- Greenville, SC
- BBB Rating
- A+
- BBB Accredited
- Yes
- Certifications
- Great Place to Work State-licensed lender in 23 states
- Starting Price
- Free/mo
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on Advance America
Advance America is genuinely best suited for consumers with poor or no credit who face an urgent, short-term cash shortage and have already been turned away by lower-cost options like credit unions, employer advances, or personal loan lenders. The primary caveat is steep cost — APRs of 350%–700% on payday products make these loans among the most expensive legal credit available, and a 1.7/5 consumer review score on BBB suggests real borrower dissatisfaction. This is a last-resort tool, not a routine borrowing solution.
CFPB Transparency Report
Public data from the Consumer Financial Protection Bureau
- Issues Resolved
- 99.8%
- Timely Responses
- 97.5%
Source: consumerfinance.gov | Last checked 2026-03-23
Best For
- Consumers with bad or no credit who need same-day cash and cannot qualify for traditional bank or credit union loans
- Underbanked individuals facing short-term financial emergencies such as medical bills, car repairs, or utility shutoffs
- Borrowers who need physical in-store cash pickup within 30 minutes of approval
- People who have been declined elsewhere and need a regulated, licensed short-term loan option as a last resort
Updated 2026-04-29
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Read guide →Financial Terms Explained (10 terms)
New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
Interest & Rates
APR — Annual Percentage Rate
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Why it matters
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
Compound Interest
Interest calculated on both the original amount borrowed AND the interest that's already been added. It's 'interest on interest' — and it makes debt grow faster than you'd expect.
Why it matters
Credit cards and many loans use compound interest. If you only make minimum payments, compound interest is why a $3,000 balance can take 15 years to pay off.
Example
You owe $1,000 at 20% annual interest compounded monthly. After month 1 you owe $1,016.67. Month 2, interest is charged on $1,016.67 (not $1,000), so you owe $1,033.61. After 1 year without payments: $1,219.
MAPR — Military Annual Percentage Rate
A special APR calculation used for military servicemembers that includes ALL costs — fees, insurance, and add-ons — capped at 36% by federal law.
Why it matters
The Military Lending Act protects active-duty servicemembers and their families from predatory lending. Any lender charging above 36% MAPR to military is breaking federal law.
Example
A payday lender charges a $15 fee per $100 borrowed for 2 weeks. For civilians, that's technically legal in some states. For military: that works out to 391% MAPR — illegal under the MLA.
Usury Rate — Usury Rate (Interest Rate Cap)
The maximum interest rate a lender can legally charge in a particular state. Charging above this rate is called 'usury' and is illegal.
Why it matters
Usury laws are your main legal protection against predatory interest rates. But beware: some states have weak or no usury caps, and federal banks can sometimes override state limits.
Example
New York caps interest at 16% for most consumer loans (25% is criminal usury). If a lender tries to charge you 30% in NY, that loan is unenforceable — you could fight it in court.
How Loans Work
Collateral — Loan Collateral
An asset you pledge to the lender as security for a loan. If you stop paying, the lender can seize and sell that asset to recover their money.
Why it matters
Secured loans (with collateral) have lower interest rates because the lender has less risk. But you could lose your home, car, or savings if you default.
Example
A mortgage uses your house as collateral. A car loan uses your vehicle. A title loan uses your car title. If you miss payments, the lender can foreclose or repossess.
Fees & Costs
Late Fee — Late Payment Fee
A charge added to your account when you miss a payment deadline. Most credit cards charge $29-$41 per late payment, and many loans have similar penalties.
Why it matters
The fee itself hurts, but the real damage is to your credit score. A payment 30+ days late stays on your credit report for 7 years and can drop your score 60-110 points.
Example
Your credit card payment of $150 is due March 1. You pay on March 18. The bank charges a $39 late fee. If it's 30+ days late, it gets reported to credit bureaus and your 760 score drops to 670.
NSF Fee — Non-Sufficient Funds Fee
A fee your bank charges when a payment bounces because there isn't enough money in your account. Also called a 'bounced check fee' or 'returned payment fee.'
Why it matters
NSF fees hit you twice — your bank charges you AND the company you were trying to pay may charge their own returned payment fee. That's $50-70 for one missed payment.
Example
Your auto-pay tries to pull $350 for rent, but you only have $280 in checking. Your bank charges $35 NSF fee. Your landlord charges $25 returned payment fee. Total damage: $60 in fees.
Legal Terms
Usury — Usury (Illegal Interest)
The practice of charging interest rates higher than what the law allows. Usury laws set state-specific caps on how much lenders can charge.
Why it matters
If a lender charges usurious rates, the loan may be void, penalties can be reduced, or you may be entitled to damages. Know your state's limits.
Example
Your state caps consumer loans at 24% APR. An online lender charges you 36%. That loan may be unenforceable, and you might only need to repay the principal — no interest or fees.
Credit Cards
Cash Advance — Credit Card Cash Advance
Using your credit card to get cash from an ATM or bank. It's one of the most expensive ways to borrow — higher interest rate, immediate interest accrual (no grace period), and an upfront fee.
Why it matters
Cash advances are a debt trap: 25-30% APR with no grace period plus a 3-5% fee. Interest starts the second you withdraw, not at the end of the billing cycle.
Example
You take a $500 cash advance. Fee: $25 (5%). Interest: 28% APR starting immediately. After 30 days, you owe $536.67. After 6 months of minimum payments, you've paid $85 in interest on $500.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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