Background
National Cash Advance is a leading payday advance provider in the United States, operating as a subsidiary of Advance America. The company specializes in offering short-term financial solutions such as payday loans, cash advances, and related services to help consumers manage unexpected expenses. With a customer-focused approach and a commitment to regulatory compliance, National Cash Advance has become a prominent name in the consumer finance industry.
History
Founded in 1997, National Cash Advance quickly grew to become one of the largest payday advance providers in the country. Alongside its parent company Advance America, it operates over 2,800 centers in 35 states and employs nearly 7,000 people. The company has helped millions of Americans overcome temporary financial difficulties by providing accessible, transparent, and regulated lending products. National Cash Advance has also expanded internationally, acquiring its first centers in the United Kingdom.
Types of Loans and Fees Charged
Payday Loans/Cash Advances: Short-term loans intended to cover expenses until the borrower’s next payday. Loan amounts and fees vary by state and are clearly disclosed during the application process.
Personal Loans: Through its peer-to-peer lending platform, National Cash Advance offers unsecured personal loans, primarily for debt consolidation, home improvements, or emergency expenses. Loan amounts typically range from $2,000 to $40,000, with repayment terms of three or five years.
Interest Rates & Fees: Interest rates can range from reasonable to very high, depending on the borrower’s creditworthiness. Origination fees (2.4% to 5%), late fees ($15 or 5% of the payment, whichever is greater), and check handling fees may apply. There are no prepayment penalties.
Other Services: Some locations also offer check cashing and bill payment services.
Locations
National Cash Advance operates more than 2,800 retail centers across 35 states in the U.S., with some international presence in the United Kingdom. The company’s headquarters is in Cleveland, Ohio, with additional locations in cities such as Cincinnati.
States Where Loans Are Offered and Not Offered
Available States: 35 states across the U.S., subject to local lending laws and regulations.
Unavailable States: Not available in states with strict payday lending regulations or bans. Specific states where loans are not offered may include Florida, Colorado, Illinois, Georgia, Kansas, Delaware, Nebraska, West Virginia, Massachusetts, Minnesota, Ohio, and Montana.
How to Contact National Cash Advance
Headquarters Address: #6942 5194 Pearl Rd, Cleveland, OH 44129
Customer Service Phone: (216) 739-9419
Cincinnati Location: 8322 Colerain Avenue, Cincinnati, OH 45239 | Phone: (513) 923-2247
Website: www.nationalcashadvance.com
National Cash Advance is committed to treating customers with dignity and courtesy, following a company creed that emphasizes respect for customers, associates, the law, and ethical business practices.
