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Part of the Advance America chain · locations
Advance America in Montebello, CA
Montebello, CA's Advance America payday and title loan store at 518 N Montebello Blvd offers quick cash solutions.
Data compiled from public sources · Rating from CreditDoc methodology
Advance America Review
Advance America's Montebello location sits at 518 N Montebello Blvd in central Los Angeles County, providing immediate access to payday and title loans for residents of Montebello and surrounding neighborhoods. The storefront operates as a standalone location, making it easy to find and park. Hours are Monday through Friday 10 AM to 6 PM, and Saturday 9 AM to 1 PM; the store is closed Sundays.
At this Montebello, CA branch, you can apply for payday loans, title loans, and cash advances with minimal paperwork and same-day funding for approved applicants. The friendly staff can walk you through your options and answer questions about rates and terms. For assistance or to confirm availability, call +1 323-724-2966.
If you need urgent cash in Montebello, CA, bring a valid ID, proof of income (recent pay stub or bank statement), and a blank check from your active checking account. Quick approval and same-day funding are available for qualified applicants.
Services & Features
Check Cashing (money services)
In-Store Loan Applications (750–1,500+ locations)
Installment Loans (3–12 month terms, select states)
Lines of Credit (revolving, up to ~$4,000, select states)
Money Orders
Money Transfers
Online Account Management and Document Upload
Online Loan Applications (online.advanceamerica.net)
Payday Loans ($100–$2,000, 7–31 day terms)
Same-Day Funding
Title Loans (vehicle-secured, select states)
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pricing Plans
Payday Loan
Free /mo
- Loan amounts: $100–$2,000 (state limits apply; CA max $255)
- Repayment term: 7–31 days
- Typical APR: ~304%–688% depending on state and amount
- No hard credit check — income/employment verified
- Same-day or next-business-day funding
- Available in-store and online
Most Popular
Installment Loan
Free /mo
- Multi-month repayment: 3–12 month terms
- Typical APR: ~207%–348% (state-dependent; Ohio capped at 28%)
- Fixed scheduled payments
- No hard credit check
- Available in select states only
- In-store and online application
Title Loan
Free /mo
- Secured by vehicle title
- Available in select states
- Loan amount based on vehicle value
- APR varies by state
- Vehicle must be owned outright or nearly paid off
Line of Credit
Free /mo
- Revolving credit line up to approximately $4,000
- Available in select states
- Draw funds as needed up to credit limit
- Interest charged only on outstanding balance
- Online account management via portal
Pros & Cons
Pros
- Founded in 1997 — nearly 30 years of operating history as a licensed consumer lender
- 750–1,500+ physical storefronts across ~23–28 states, one of the largest retail footprints in U.S. payday lending
- No hard credit check — approval based on income and employment, accessible to borrowers with poor or no credit
- Same-day or next-business-day funding available both in-store and online
- A+ BBB rating reflecting relatively low unresolved complaint rate given transaction volume
- Founding CFSA member, subject to voluntary code of conduct on rollover limits and extended payment plans
- Online portal supports real-time account tracking, document upload, and loan management
Cons
- Payday loan APRs of approximately 304%–688% are among the highest in legal U.S. consumer lending
- Installment loan APRs of 207%–348% remain extremely high compared to credit union or bank alternatives
- Short payday loan terms (7–31 days) create debt-trap risk — CFPB has scrutinized this model for serial rollover patterns
- Product availability varies significantly by state — some products unavailable in many markets due to state regulations
- Owned since 2012 by Grupo Elektra, a Mexican conglomerate — not a U.S.-owned independent lender
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 3.5
Transparency 3.1
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 Spartanburg, SC, founded in 1997. They hold a A+ rating with the Better Business Bureau.
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
- Spartanburg, SC
- BBB Rating
- A+
- BBB Accredited
- No
- Certifications
- CFSA Member (founding member)
- Starting Price
- Free/mo
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on Advance America
Advance America is best suited for financially stressed borrowers who need small-dollar emergency cash quickly and cannot access traditional credit — payday loans, installment loans, and title loans are available with no hard credit check and fast funding. The primary caveat is cost: APRs of 304%–688% on payday products make this one of the most expensive forms of legal credit in the U.S., and borrowers who cannot repay on the original due date risk an expensive rollover cycle.
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 who need $100–$2,000 before their next paycheck and have exhausted lower-cost options
- Borrowers with poor, thin, or no credit history who cannot qualify for traditional bank or credit union loans
- Individuals who prefer in-person service and live near an Advance America storefront
- People in states where Advance America operates and who need same-day or next-day cash access
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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