ACE Cash Express payday loan fees

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.

Table of Contents Show

ACE Cash Express Installment Loans Review
Key Takeaways
ACE Cash Express Pros & Cons
ACE Cash Express FAQ
What interest rates and personal loan terms does ACE Cash Express offer?
What interest rates does ACE Cash Express offer?
How much can you borrow via ACE Cash Express?
What is the maximum loan term you can get with ACE Cash Express?
What fees does ACE Cash Express charge?
Does ACE Cash Express charge an origination fee?
Does ACE Cash Express charge a late fee?
Does ACE Cash Express charge prepayment fees?
What do you need to qualify for ACE Cash Express Installment Loans?
What is the estimated funding time for a personal loan via ACE Cash Express?
Is ACE Cash Express Inc a legit company?
Message From ACE Cash Express
Message From Our Editor
Do Payday loans have high or low fees?
What is the highest interest rate on a payday loan?
How much interest does speedy cash charge?
How much of a loan can you get from Ace?

Key Takeaways

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.
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 have loan terms as short as 1 month.

ACE Cash Express Pros & Cons

Pros	Cons
$0 prepayment fee. Considers applicants with fair credit. Funding available within 3 business days. Cosigners accepted.	APRs as high as 630.13%. Charges an origination fee. Short loan terms (maximum of 3 months). Small loan amounts (maximum of $2,000). Do not offer pre-approval with soft credit pull. ACE Cash Express Installment Loans does not report to credit bureaus. Charges a late fee.

ACE Cash Express FAQ

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 interest rates does ACE Cash Express offer?

ACE Cash Express offers a fixed APR personal loan product that ranges from 91.52% APR up to 630.13% APR.

How much can you borrow via ACE Cash Express?

Business loan amounts start at $100 and go up to $2,000.

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

ACE Cash Express offers loans with terms of up to 3 months.

ACE Cash Express Interest Rates & Loan Terms

Personal Loan Amount	$100 - $2000
Loan Term	1 - 3 months
APR	91.52% - 630.13%

What fees does ACE Cash Express charge?

Does ACE Cash Express charge an origination fee?

ACE Cash Express may charge a personal loan origination fee.

Does ACE Cash Express charge a late fee?

No, ACE Cash Express will not charge you a late fee if you miss one of the monthly payments.

Does ACE Cash Express charge prepayment fees?

No, ACE Cash Express does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

ACE Cash Express Fees

Origination Fee	No
Prepayment Fee	No
Late Payment Fee	No

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

The minimum age to be eligible is 18 or the state minimum, whichever is higher.

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

ACE Cash Express Eligibility Criteria

Minimum Age	18
Bank Account Required?	Yes
Application Types Accepted	Cosigners
Credit Score	300 - 640

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.

Is ACE Cash Express Inc a legit company?

ACE Cash Express Inc was founded in 1968, it is a well-established company that has been in business for 54 years. ACE Cash Express Installment Loans are mostly not recommended by SuperMoney community users.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From ACE Cash Express

Message From Our Editor

Do Payday loans have high or low fees?

Payday loans generally charge a percentage or dollar amount per $100 borrowed. The amount of this fee might range from $10 to $30 for every $100 borrowed, depending on your state law and the maximum amount your state permits you to borrow. A fee of $15 per $100 is common.

What is the highest interest rate on a payday loan?

Loans typically cost 400% annual interest (APR) or more. The finance charge ranges from $15 to $30 to borrow $100. For two-week loans, these finance charges result in interest rates from 390 to 780% APR. Shorter term loans have even higher APRs.

How much interest does speedy cash charge?

California Payday Loan Rates & Terms.

How much of a loan can you get from Ace?

ACE offers small personal loans between $50 and $2,000 (these numbers vary depending on where you live), and the application process is relatively easy. Depending on your state, you can either apply online or in person.