| Advance America, Cash Advance Centers, Inc. (AACACI) is a non-bank provider of cash advance services in the United States. As of December 31, 2010, the Company operated 2,313 centers in 30 states in the United States, 21 centers in the United Kingdom, and 18 centers in Canada, and had 62 limited licensees in the United Kingdom. Cash advances are typically small-denomination, short-term, unsecured advances that are due on the customer's next payday. During 2010, the Company operated 2,231 centers under the Advance America brand and 121 centers under the National Cash Advance brand. During 2010, the Company closed all of its centers in Arizona, Motana, 31 centers in Clorado, 7 centers in Ohio, 57 centers in Virginia and 45 centers in Washington. In October 2011, the Company acquired CompuCredit's retail storefront consumer finance business consisting of approximately 300 centers located in Alabama, Colorado, Kentucky, Ohio, Oklahoma, Mississippi, South Carolina, Tennessee, and Wisconsin. |
