About lender
ACE Cash Express is a financial services provider that was founded in 1968 in Irving, Texas. The company was established as a check-cashing business and has since expanded its services to include short-term loans, bill payment services, money transfers, prepaid debit cards, and tax preparation services.
ACE Cash Express is one of the largest payday lenders in the United States and operates over 1,500 retail locations in 36 states. The company is known for its fast and convenient services, as well as its commitment to helping underserved communities access financial services.
Throughout its history, ACE Cash Express has faced criticism for its high-interest rate loans and its business practices, but the company has continued to grow and expand its services, becoming one of the largest providers of short-term financial services in the country.
Key features
- Convenient Locations. With over 900 retail locations, ACE Cash Express makes it easy for customers to access their services.
- Quick Funding. ACE Cash Express offers fast funding for its loans, with the option to get cash in hand or deposit funds directly into your bank account.
- Flexible Repayment Options. ACE Cash Express offers flexible repayment options for its loans, including bi-weekly and monthly payment plans.
- Easy Application Process. ACE Cash Express has a simple application process that can be completed in-store or online.
- Variety of Products. ACE Cash Express offers a range of financial products and services, including payday loans, installment loans, check cashing, and prepaid debit cards.
Pros and Cons
Pros
- Convenient Locations. ACE Cash Express has over 900 retail locations, making it easy for customers to access their services.
- Quick Funding. ACE Cash Express offers fast funding for its loans, with the option to get cash in hand or deposit funds directly into your bank account.
- Flexible Repayment Options. ACE Cash Express offers flexible repayment options for its loans, including bi-weekly and monthly payment plans.
- Easy Application Process. ACE Cash Express has a simple application process that can be completed in-store or online.
- Variety of Products. ACE Cash Express offers a range of financial products and services, including payday loans, installment loans, check cashing, and prepaid debit cards.
Cons
- High Interest Rates. ACE Cash Express loans can have high interest rates, which can make them expensive for customers.
- Short Loan Terms. The loan terms offered by ACE Cash Express are typically short, which can result in high monthly payments.
- Renewal Fees. If you are unable to pay off your loan in full by the due date, ACE Cash Express may charge renewal fees.
- Rollover Fees. If you are unable to pay off your loan in full by the due date, ACE Cash Express may allow you to rollover the loan, which can result in additional fees.
- Potential for Debt Cycle. The high interest rates and short loan terms offered by ACE Cash Express can lead to a cycle of debt for some customers.
Products
- Payday Loans. Short-term loans designed to cover unexpected expenses until the next payday.
- Installment Loans. Larger loans that are repaid in multiple payments over time.
- Title Loans. Loans that use a vehicle as collateral and are based on the value of the vehicle.
- Prepaid Debit Cards. Reloadable debit cards that can be used to make purchases and withdraw cash from ATMs.
- Money Transfers. A service that allows customers to send money to other individuals.
- Bill Payments. A service that allows customers to pay bills such as rent, utilities, and insurance premiums.
- Check Cashing. A service that cashes personal, business, and government checks.
Funding a Loan
To fund a loan with ACE Cash Express, you will need to complete the following steps:
- Apply. You can apply for a loan in-store or online by completing a loan application form.
- Approval. If approved, ACE Cash Express will provide you with loan terms and conditions.
- Signing. If you agree to the loan terms, you will be required to sign a loan agreement.
- Funding. If approved, ACE Cash Express will provide you with the funds, either in cash or directly deposited into your bank account.
- Repayment. You will be required to make regular payments to ACE Cash Express, according to the terms of your loan agreement, until the loan is fully repaid.
Note that the specific funding process may vary based on the type of loan you are applying for and the state you are in. It's important to carefully review the loan terms and conditions before accepting the loan offer.
Loan conditions
As a rule, the company approves or rejects an application for a loan within one hour and finance loans within three business days from approval. Even people with a poor credit history can apply for credit approval from the ACE Cash Express. Their flexible qualification requirements can be suitable for borrowers not qualifying for loans from lenders who provide services only for customers with a good credit history. ACE Cash Express offers alternatives - both payday and installment loans, which can help borrowers better manage current payments.
Unordered List
- Online installment loan amount vary by state:
- Delaware: $100 - $2,000.
- Florida: $100 - $1,000.
- Missouri: $100 - $2,000.
- New Mexico: $100 - $2,000.
- Texas: $100 - $2,000.
In-store installment loan amount vary by state
- Colorado: $100 - $1,000.
- Florida: $100 - $1,000.
- Louisiana: $400 - $700.
- Missouri: $100 - $2,000.
- New Mexico: $100 - $2,000.
- Ohio: $100 - $1,000.
- Oklahoma: $50 - $700.
- Texas: $100 - $2,000 (installment loans not available in Austin or Dallas).
- Virginia: $100 - $1,000.
Online payday loan amount vary by state
- California: $100 - $255.
- Idaho: $100 - $1,000.
- Kansas: $100 - $500.
- Louisiana: $100 - $300.
- Minnesota: $100 - $500.
- Texas: $100 - $1,500.
In-store payday loan amount vary by state
- California: $100 - $255.
- Florida: $100 - $500.
- Indiana: $50 - $660.
- Kansas: $100 - $500.
- Louisiana: $100 - $300.
- Minnesota: $100 - $500.
- Missouri: $100 - $500.
- Oregon: $100 - $300.
- South Carolina: $100 - $550.
- Tennessee: $100 - $425.
Additional services
Cards services
ACE Cash Express offers prepaid cards to its clients - the ACE Elite Visa Prepaid Debit Card for a directly deposited Tax refund. You will get your refund remarkably quicker than with the paper check with this card. You may also get the Pink ACE Elite Visa Prepaid Debit Card to support women struggling with breast cancer.
In addition, you can open the Flare Account by Metabank with ACE. The Elite card offers lucrative options for your money management needs, and the Flare could be a great option if you're looking for more robust banking services.
Money services
ACE Cash Express offers different financial products that vary by US state. These services have already gained a reputation.
- Check cashing. The first convenient money service from the company is check cashing. You can quickly and safely cash your check of any kind, and you only need to provide a valid, government-issued ID to carry out that procedure. You can visit a local ACE check-cashing unit up to date.
- Tax services. Do you want to get a refund for the taxes you've paid? You only need to visit your local ACE Cash Express branch to get started. The company offers tax return services and always has enough money in-store to get your tax refund there. Also, you may get your tax refund with your CE Elite Visa Prepaid Debit Card.
- Bill pay. You are free to pay your bills for utilities, cell phone, cable TV, or insurance with the ACE Bill pay service. You can even make online bill payments for stores like Kohl's, Macy's, etc. You can pay your bill in the ACE store or with MoneyGram's online bill pay service. To pay in a store, you need to provide a bill, payment method, and photo ID.
- Money transfers. With the ACE Cash Express money transfer service, you will send money anywhere in the USA and make international money transfers in more than 200 countries worldwide. All transfers carried out by the company are reliable, so when you send the money, you can ensure the recipient will get the funds safe and fast.
- Title loans. ACE Cash Express offers car title loans and motorcycle title loans. In such loans, the vehicle is used as collateral for the loan. The car title loan (or motorcycle type) amount may differ, and it all depends on the specific state. Before applying, you should ensure your ability to repay. The title loans are available in Arizona, Louisiana, Oregon, Tennessee, and Texas.
- Money orders. Your local ACE Cash Express store offers the Money orders service. A money order is a reliable way to send money without cash. Also, with ACE, you can cash your MoneyGram domestic money orders. The money order is a widely accepted form of payment, and you will get a money order receipt of your transaction, which is entirely traceable.
- ATM. You can easily make cash withdrawals via ATM services of ACE Cash Express financial institution. The main con of ACE ATM is withdrawals with $5 increment, while most ATMs allow only $20 increment so that you can get a wide range of cash amounts with ACE.
Ace Cash Express vs Check into Cash
Ace Cash Express and Check Into Cash are both providers of short-term financial services, including payday loans, title loans, and check cashing. Both companies offer quick and convenient services, and both are known for their high-interest rate loans.
The main difference between the two companies is their availability. Ace Cash Express operates over 1,500 retail locations in 36 states, making it one of the largest providers of short-term financial services in the country. Check Into Cash, on the other hand, operates over 1,000 retail locations in 30 states, making it a more regional provider of short-term financial services.
Another difference is the variety of services offered. While both companies offer payday loans and check cashing services, Ace Cash Express also offers bill payment services, money transfers, and tax preparation services. Check Into Cash also offers title loans and prepaid debit cards.
Ultimately, the choice between Ace Cash Express and Check Into Cash will depend on the specific needs and financial situation of the individual, as well as the availability of the services in their area.
Ace Cash Express vs CashNetUSA
Ace Cash Express and CashNetUSA are both providers of short-term financial services, including payday loans, installment loans, and lines of credit. Both companies offer quick and convenient loan options, but there are some differences between the two.
One major difference is the availability of services. Ace Cash Express operates over 1,500 retail locations in 36 states, making it one of the largest providers of short-term financial services in the country. CashNetUSA, on the other hand, operates entirely online and offers services in 36 states.
Another difference is the variety of loan options offered. While both companies offer payday loans and installment loans, CashNetUSA also offers lines of credit and the ability to apply for a loan from a mobile device. Ace Cash Express, in addition to payday loans and installment loans, also offers bill payment services, money transfers, and tax preparation services.
Interest rates and fees for loans from both companies can be high, so it is important to carefully consider the terms and conditions of any loan before accepting it. Ultimately, the choice between Ace Cash Express and CashNetUSA will depend on the specific needs and financial situation of the individual, as well as the availability of the services in their area.
Ace Cash Express vs Mariner Finance
Ace Cash Express and Mariner Finance are both providers of short-term financial services, including payday loans, installment loans, and personal loans. Both companies offer quick and convenient loan options, but there are some differences between the two.
One major difference is the availability of services. Ace Cash Express operates over 1,500 retail locations in 36 states, while Mariner Finance operates over 400 branches in 22 states. Mariner Finance also offers online services in addition to its brick-and-mortar locations.
Another difference is the variety of loan options offered. While both companies offer payday loans and installment loans, Mariner Finance also offers personal loans for a wider range of purposes, such as home improvement or debt consolidation. In addition, Mariner Finance offers larger loan amounts than Ace Cash Express.
Interest rates and fees for loans from both companies can be high, so it is important to carefully consider the terms and conditions of any loan before accepting it. Ultimately, the choice between Ace Cash Express and Mariner Finance will depend on the specific needs and financial situation of the individual, as well as the availability of the services in their area.
