ACE Cash Express Payday Loans Review

ACE Cash Express Payday Loans is offered by ACE Cash Express Inc, a direct lender founded in 1968 and based in Irving, TX. ACE Cash Express Payday Loans is available in 8 states across the USA.

What are the ACE Cash Express Payday Loans rates & fees?

These loans are meant as a short-term source of credit but if you calculate the annualized percentage rate of those fees you get rates ranging from 662% to 662%. The APR estimate is based on a 14-day term.

How much can you borrow from ACE Cash Express Payday Loans?

Loan amounts start at $100 and go up to $1,500.

What is the maximum loan term you can get with ACE Cash Express Payday Loans?

ACE Cash Express Payday Loans has payday loans with terms ranging from 9 to 35 days.

What do you need to qualify for ACE Cash Express Payday Loans?

ACE Cash Express Payday Loans does not have or does not disclose a minimum annual income eligibility requirement. ACE Cash Express Payday Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the ACE Cash Express Payday Loans product fall outside of the MLA limits and as a result the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by ACE Cash Express Payday Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Government issued photo ID

Does ACE Cash Express Payday Loans run credit checks?

Yes, ACE Cash Express Payday Loans will check your credit when you apply for a loan.

What is the estimated funding time for a payday loan via ACE Cash Express Payday Loans?

ACE Cash Express Payday Loans will typically provide a credit approval decision in less than an hour and fund the loan within 3 business day.

For more information on payday loans, tribal loans, and their alternatives, read this guide.