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Part of the Advance America chain · locations
Advance America in Redford Township, MI
Redford Township, MI Advance America at Eight Mile W offers payday and title loans with same-day processing.
Data compiled from public sources · Rating from CreditDoc methodology
Advance America Review
Advance America in Redford Township, MI stands at 25771 Eight Mile W, a convenient standalone storefront for residents seeking quick cash solutions. The location is open Monday through Thursday 10AM–6PM, Friday 9AM–6PM, and Saturday 10AM–2PM (closed Sundays). This Redford Township branch provides accessible hours for working people in the area.
This Redford Township location offers payday loans and title loans to help with emergency expenses. Call +1 313-531-9047 to speak with a loan specialist about your options. Processing is fast—many customers walk out with cash the same day.
If you're a Redford Township resident facing an unexpected bill or short-term cash gap, this Advance America location can help. Bring a valid government ID, proof of income, and a bank statement. The Advance America brand specializes in providing quick access to emergency funds when time matters.
Services & Features
Check Cashing (in-store)
Customer service support Mon–Fri 8am–9pm EST, Sat 9am–6pm EST
Installment Loans (in-store and online, $100–$5,000)
Lines of Credit / Cash Advances (revolving, up to $4,000)
Online Account Portal (apply, make payments, manage account at advanceamerica.net)
Payday Loans (in-store and online, $100–$1,800)
Same-day in-store cash disbursement (~30 minutes)
Same-day online funding (approved before noon)
Title Loans (vehicle-secured, up to $25,000)
Visa Prepaid Cards
Western Union Money Transfers (in-store)
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pricing Plans
Payday Loan
Free /mo
- $100–$1,800 loan amounts
- Typical fee: ~$15 per $100 borrowed
- APR ~350%–700% (varies by state)
- Repay in full on your next payday
- In-store cash disbursement in ~30 minutes
- Same-day online funding if approved before noon
- Available in-store and online
Most Popular
Installment Loan
Free /mo
- $100–$5,000 loan amounts
- APR ~100%–400% (varies by state)
- Repaid over multiple scheduled installments
- Available in-store and online
- More manageable payments than single-payment payday loans
Title Loan
Free /mo
- Up to $25,000 (based on vehicle equity)
- Vehicle used as collateral
- APR varies by state
- Available in select states only
Line of Credit
Free /mo
- Up to $4,000 revolving credit limit
- Draw funds as needed up to your limit
- Repay and re-borrow as needed
- APR varies by state
Pros & Cons
Pros
- Founded in 1997 — nearly 30 years operating as a licensed payday and short-term lender
- 800–1,200+ physical store locations nationwide for walk-in same-day cash access
- In-store loan disbursement in as little as 30 minutes after approval
- Online funding available same-day for applications approved before noon
- BBB A+ rating with full BBB accreditation achieved in 2024
- Trustpilot 'Excellent' rating of 4.9/5 reflecting strong borrower satisfaction with speed and process
- Multiple product types — payday, installment, title, and lines of credit — in one lender
Cons
- Payday loan APRs of ~350%–700% are among the highest costs of any consumer credit product
- BBB consumer review score is only 1.7/5 (~154 reviews) despite the A+ accreditation grade
- 1,066 CFPB complaints filed since 2013 and 302 BBB complaints in the last three years
- Online lending limited to 27 states — not available nationwide without a physical store nearby
- Short repayment windows on payday loans create real risk of repeat borrowing and debt cycling
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 3.8
Transparency 3.7
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 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
- Spartanburg, SC
- BBB Rating
- A+
- BBB Accredited
- Yes
- Certifications
- Great Place to Work® Certified Newsweek America's Greatest Workplaces for Women 2025 Newsweek America's Greatest Workplaces for Parents & Families 2024 State-licensed non-bank lender (operates per individual state consumer lending laws)
- 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 consumers in genuine short-term financial emergencies — specifically those who have no access to cheaper credit and need cash in hours, not days. The main caveat is cost: APRs of 350%–700% on payday loans make this an expensive last resort, and the 1,066 CFPB complaints and 1.7/5 BBB consumer score signal that disputes and dissatisfaction are common once borrowers encounter fees or rollover situations.
CFPB Transparency Report
Public data from the Consumer Financial Protection Bureau
- Issues Resolved
- 99.8%
- Timely Responses
- 97.5%
Source: consumerfinance.gov | Last checked 2026-03-22
Best For
- Consumers facing a financial emergency who need $100–$1,800 in cash within hours
- Borrowers with poor or limited credit history who cannot qualify for a bank loan or credit card
- Unbanked or underbanked individuals needing check cashing or prepaid card services alongside a loan
- People needing up to $5,000 with structured repayment via an installment loan and no strong credit requirement
Updated 2026-04-29
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Financial Wellness Guides
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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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