ACE Cash Express, Inc.

ACE Cash Express is a short-term lender and financial services company offering payday loans, installment loans, check cashing, prepaid debit cards, and money orders. It operates through retail locations in select states and through an online platform. Product availability varies by state, as many states have laws that restrict or prohibit high-cost short-term lending.

Payday loans from ACE Cash Express are small, short-term loans typically due on or around your next payday. When the fees on these loans are expressed as an annual percentage rate, the cost is very high, often running into the hundreds of percent. Installment loans provide more time to repay but also typically carry rates far above those of conventional personal loans or credit union products.

These products are not suitable for ongoing financial needs, large expenses, or situations where repayment on the due date is uncertain. A pattern of rolling over or reborrowing short-term loans can create a debt cycle where fees accumulate faster than the balance is reduced.

Before using ACE Cash Express, explore lower-cost alternatives. Federal credit unions and many state-chartered credit unions offer payday alternative loans to members at significantly lower cost. Community Development Financial Institutions provide small-dollar loans to consumers who lack access to mainstream credit. Nonprofit organizations, community assistance programs, and employer advances may also be available in your area.

If you do use ACE Cash Express, borrow only the minimum necessary and have a firm plan to repay the loan in full by the due date without rolling it over. Read all terms carefully including the full annual percentage rate and the total dollar cost of the loan before agreeing.