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23 reviews

About Amscot

In need of cash in a flash? Through a branch network, Amscot Financial offers financial services such as check cashing, money orders, credit and debit cards, and cash advances. The company gives customers cash up front for payroll, bank, insurance, and personal checks. Amscot's branches throughout Florida also provide ATMs, notary, fax, copies, and – more... postal services, as well as prepaid debit cards and prepaid wireless phone minutes from carriers including AT&T and Verizon. In addition, Amscot Financial offers tax help and collects bill payments (cable, electric, phone). Amscot Financial operates 174 tax preparation offices and 174 finance service centers, many of which are open 24 hours a day.

Amscot Financial can help customers send and receive funds from around the globe. The company's locations, open seven days a week, also provide wire transfers through Western Union.

The payday loan industry has received a boost during the recession as people look for ways to get by. However, the industry also is heavily criticized for its practices of charging high fees to usually poor clients. Amscot is the largest cash advance company in Florida, a state with rather strict rules on payday loans. The company charges a fee of 10% on cash advances. Amscot issues cash advances in increments of $50, with a (state-mandated) limit of $500. The company also charges a $1 state fee on cash advances. That fee is used to maintain a state-wide database of payday borrowers.

Amscot financial was founded in 1989 by CEO Ian MacKechnie who moved to America from Scotland. Amscot is owned by the MacKechnie family. – less

Amscot Employer Reviews

Tax Preparer (seasonal) (Former Employee), Orlando, FLOctober 18, 2014
Tax Preparer Seasonal (Former Employee), Tampa, FLSeptember 23, 2014
Financial Services Representative (Current Employee), Bartow, FLSeptember 20, 2014
Sales Associate (Former Employee), Melbourne, FLSeptember 20, 2014
Assistant Leader (Former Employee), Rockledge, FLAugust 27, 2014

Working at Amscot

  • As Director of HR for Amscot I am in the privileged position that I can answer nearly any question you might have about Amscot. I not only oversee the hiring process but wo...
  • If you like helping people, honest and willing to work hard you can do very well at Amscot. I moved up quickly and earn more money than I ever have. Contradictory to some c...
  • I LOVE AMSCOT! – 2 replies
    Okay okay so I have read all the post and I am very upset. The people who come on here and want to disrespect Amscot are either very disgruntle employees who are or should...
  • It's always hard to know what to expect when going in for that interview -- and preparation can make all the difference. What is the interview process like at Amscot? Any...
  • Amscot Hiring Process – 0 replies
    Hey I had an interview with amscot, got 100 on the math test, & she said they would call within two days by 7 unless they're not interested. I have not heard back from them...