Ace Cash Express Loan Review

ACE Cash Express is a legitimate lender that follows ethical lending practices. The company is a member of the Financial Services Centers of America (FISCA) as well as the United States Hispanic Chamber of Commerce. These organizations are committed to fair lending practices and full disclosure.

Your loan contract from ACE Cash Express includes all your loan fees so that you won’t have any surprises. Additionally, ACE Cash Express formed the ACE Community Fund, a corporate giving program founded in 2004. Since its start, the ACE Community Fund has contributed to organizations dealing with helping children, promoting education, and promoting financial literacy.

A valid security certificate and an industry-standard privacy policy have been implemented onto its website to protect and regulate the use of your personal information.

Cash Express offers a variety of lending options to people who may not qualify for or receive a loan from a bank or credit union. However, the fees charged by this lender may keep you in debt for a long time.

What are the requirements to qualify for an ACE Cash Express Installment Loan?

To be eligible, you need to meet the minimum age requirement in your state, or the state minimum, whichever is higher.

The minimum annual income eligibility requirement for ACE Cash Express Installment Loans is not disclosed. If you prove your ability to repay your obligations, ACE Cash Express Installment Loans will consider you regardless of your employment status. Note that borrowers who are not in compliance with eligibility requirements or who do not qualify for lower rates can add a cosigner.

Lenders cannot charge service members as high as 36% of the full credit amount to covered borrowers under the Military Lending Act. 

As a result, the ACE Cash Express Installment Loan product falls outside of the MLA limits, thus it cannot be offered to these applicants. Under the Military Lending Act, soldiers and their dependents are considered “covered borrowers”.

What Other Services Does ACE Cash Express Offer?

The following services and products may also be available at an ACE Cash Express location:

  • The payment of bills
  • Cashing business checks
  • Cashing personal checks
  • Debit cards for prepaid accounts
  • Phones that are on prepaid plans
  • Orders for money orders
  • Using MoneyGram for money transfers
  • Services related to taxation

Do You Qualify For ACE Cash Express?

There are only a few requirements for ACE Cash Express:

  • A reliable income source
  • Taxpayer identification number or Social Security number.
  • Savings or checking active accounts.
  • Be a resident of a state in which services are provided
  • You must be at least 18 years old.
  • There are no pending bankruptcies

A valid phone number is a requirement when applying online.

How To Apply For ACE Cash Express Loan

If you live in a state which restricts your exact options, you can apply at any ACE Cash Express location. Get started with a cash advance application online by clicking the “Go to site” button or visiting the ACE Cash Express website. 

After providing you with a few basic details about yourself, your income, and your employment, you can fill out the rest of the application.

Before applying, be aware of the potential costs of the loan. ACE Cash Express may run your credit through Equifax, TransUnion, LexisNexis, and FactorTrust, which may lower your credit score.

The documentation you must sign will state exactly what you owe and when you are required to repay it. Read it so that you know exactly what you owe and when you need to pay it.

If you are in a state that allows cash pick up, you may be able to get your cash in-store on the same day you apply. If not, the cash may not reach you for one to two business days.

Returning your loan is also possible if you change your mind within 72 hours. To do so, email, call, or stop by ACE Cash Express within that timeframe.


  • There is no prepayment fee.
  • A fair credit applicant is considered.
  • The money will be ready in three business days.
  • Accepted as cosigners.


  • There is a maximum APR of 630.13%.
  • An origination fee is charged.
  • Three-month maximum loan terms.
  • Up to $2,000 in small loan amounts.
  • Soft credit pulls should not be used to pre-approve applicants.
  • No credit bureaus are contacted by ACE Cash Express Installment Loans.
  • Late fees are charged.

Is There A Way To Repay The Loan?

When you apply for an online loan, you can repay the loan via an online banking system or by mailing a check or money order. If you apply for an in-store loan, your repayment options depend on your state.

If you pay your loan off early, you may even be able to reduce the total amount you owe. Late fees may apply in certain circumstances — check your loan agreement for details.

Use These Alternative Options Instead

Here are some other options you can consider if you need to get a short-term loan but would rather not go with ACE Cash Express. As we mentioned, you should avoid this type of lender as much as possible.


  • The loan amount is $500–$4,000.
  • There is no minimum credit score mentioned.
  • There is a range between 99% and 199%.
  • Within one business day, the funds will be available.


  • A loan amount of $2,000 to $25,000.
  • Minimum credit score 590.
  • APR ranges from 9.99% to 35.99%.
  • A business day later, funds are available.

Installation Loans FAQ provided by ACE CASH EXPRESS

How much does Installment Loans from Ace Cash Express cost?

SuperMoney found that lenders reviewed Installment Loans from ACE Cash Express have interest rates that are higher than the national average.

How much interest will I pay on an ACE Cash Express Installment Loan?

With ACE Cash Express Installment Loans you can choose from an APR which ranges from between 91.52% and 630.13%.

How much can you borrow with an Installment Loan from ACE Cash Express?

Installment loan amounts can start at $100 and go as high as $2,000

Installment Loans from ACE Cash Express can offer a maximum loan term of up to two years.

Personal loans are offered from between 1 and 3 months at ACE Cash Express.

Amount of Loan

  • Between $100 and $2000

Term of Loan

  • Between 1 and 3 months


  • Between 91.52% and 630.13%


  • The APRs start at 91.52%. 

Here, the starting rates are on the high end of the scale. Personal loan interest rates typically range between 5% and 36%.

  • Funds are available fast. 

Your money may be received within one business day in some cases.

  • Microloans

You can borrow up to $2,000 with ACE Cash Express Installment Loans.

  • Hard credit checks are required. 

A hard pull on your credit is necessary to learn your ACE Cash Express Installment Loan rates and to determine your eligibility. Most lenders allow you a soft pull on your credit report.

  • Applying as a cosigner is accepted. 

You will have a higher chance of securing an ACE Cash Express Installment Loan if you apply with a cosigner, and you may qualify for a lower interest rate.

  • The terms of the loan are short. 

Installment loans from ACE Cash Express can be paid back in as little as a month. Most personal loans must be paid back for at least a year.

Final Verdict

People with sub-par credit scores receive a variety of lending options from ACE Cash Express. These companies tend to be payday loans and short-term installment loan companies with high interest rates. Don’t consider ACE Cash Express unless you need cash. 


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