Ace Cash Express Loans Review

ACE Cash Express offers loans from $100 to $2,000 based on your state. The application process for an ACE Cash Express loan is fast, so you can get cash in a day if you need it for unexpected expenses or financial emergencies.

Pros and Cons

Pros

1. Flexible Loans. ACE Cash Express offers loans from $100 to $2,000 so you can cover all your financial needs.

2. 72 Hour Cancellation. You can cancel the loan within 72 hours if you change your mind without penalty.

3. Online Application. Apply online from the comfort of your own home and get cash in a day.

Cons

1. High APRs. ACE Cash Express loans have very high APRs, often triple digit, so it’s an expensive loan.

2. State Specific Loans. Loan amounts and types are state specific so not all borrowers will have the same loan options.

3. No Transparency on Rates and Fees. There’s no clear information on rates and fees so you have to dig deeper to know the full cost of the loan.

How to Apply for an ACE Cash Express Loan?

1. Choose Your Application. Apply online or in-store, whichever is more convenient for you.

2. Fill Out Application. Fill out the application and provide all required personal and financial information.

3. Have Documents Ready. Make sure you have government-Issued ID, proof of income and bank account information.

4. Submit Application. After you’ve filled out the application and provided all documents, submit.

5. Wait For Approval. The process is fast and you’ll be notified soon.

Conditions and Requirements

Conditions

• Loan Amounts. ACE Cash Express offers loans from $50 to $2,000 based on your state. This range covers all your financial needs, from small expenses to big financial gaps.

• Interest Rates. Interest rates for ACE Cash Express loans vary by state. For example in Delaware the rates can be as high as 499%. Make sure to check the rates in your state to know the full cost of borrowing.

• Loan Term. Loan term for ACE Cash Express loans also vary by state. This means the repayment period you’ll be offered will depend on the state regulations and policies, so how long you have to repay and the structure of your payments will be affected.

Requirements

1. Age. You must be 18 or 19 years old to apply.

2. Residency. You must be a resident of the state you’re applying in.

3. Government-Issued ID. Valid ID such as driver’s license or passport to verify your identity.

4. Proof Of Income. Pay stubs or bank statements to prove your income.

5. Active Checking Account. You must have an active checking account where the loan will be deposited and payments will be withdrawn.

How to Choose a Lender

1. Check Licensing. Make sure the lender is licensed in your state. Verify this with your state regulator or attorney general. This is important to avoid illegal lenders and protect your consumer rights.

2. Check Membership In Reputable Associations. Look for lenders that are members of reputable associations like the Community Financial Services Association of America. Membership in these organizations means they are reliable and follow industry standards.

3. Review Terms And Conditions. Review all the terms and conditions of the loan contract. Read the fine print to know the lender’s policies, fees and your obligations as a borrower.

4. Check Interest Rates And Total Loan Cost. Examine the interest rates on the loan and make sure your contract has a breakdown of the total cost of the loan. This will help you know the full cost of borrowing and compare offers from different lenders.

5. Know Your Right Of Rescission. Take advantage of your right of rescission which is usually 3 days after signing the agreement. Or use the “cooling-off” period to review the contract and make an informed decision before committing to the loan.

Ace Cash Express. Apply Online

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