ACE Cash Express Installment Loans Review

ACE Cash Express Installment Loans is offered by ACE Cash Express Inc, a direct lender founded in 1968 and based in Irving, TX. ACE Cash Express Installment Loans is available in 5 states across the USA.

• APRs starting at 91.52%. Personal loan interest rates typically range between 5% and 36%. The starting rates for ACE Cash Express Installment Loans are on the higher end of the spectrum.
• Fast access to funds. In some cases you can get your money within 1 business day.
• Small-dollar loans. ACE Cash Express Installment Loans has a maximum loan amount of just $2,000.
• Hard credit pull required. You can't check your rates or see if you prequalify for ACE Cash Express Installment Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
• Cosigner applications accepted. Applying for ACE Cash Express Installment Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
• Short loan terms. ACE Cash Express Installment Loans offers loan terms as short as 1 month. Most personal loans have a minimum term of 12 to 36 months.

What interest rates and personal loan terms does ACE Cash Express offer?

ACE Cash Express has higher than average interest rates for lenders reviewed on SuperMoney.

What fees does ACE Cash Express charge?

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

ACE Cash Express Installment Loans does not have or does not disclose a minimum annual income eligibility requirement. ACE Cash Express Installment Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

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 Installment 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 Installment Loans. Permanent resident / green card holders are also eligible to apply.

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

• Applicants must have an active and valid personal checking account
• Proof of income
• Driver's license
• Government issued photo ID
• Proof of citizenship or residence permit
• Proof of residence
• U.S. tax identification number

What is the estimated funding time for a personal loan via ACE Cash Express?

ACE Cash Express will typically approve (or deny) a loan application within 1 hour and fund loans within 3 business days of approval.