ACE Cash Express Review: Benefits and Drawbacks

ACE Cash Express Review: Benefits and Drawbacks


6 Min Read

If you’re looking for a legit way to get a small personal loan of up to $2,000, ACE Cash Express may probably be the right choice for you. This financial services company is a safe place for many borrowers due to its 50+ years of experience and 4.8 out of 5 Google rating.

However, this service also has some controversial points to consider before borrowing money from it. We’ve made this ACE Cash Express review to determine the company’s ins and outs and help potential loanees make informed financial decisions.

What Is ACE Cash Express?

ACE Cash Express is a financial service that presents itself as an alternative to bank and credit union financial products. The company specializes in short-term loan options, such as payday loans and title loans, but also offers installment loans for those who are looking for longer-term financial solutions. Besides money assistance, ACE also provides a broad range of financial services, such as cash checking, ATM, debit cards, and much more.

Depending on the loan type, ACE allows customers to borrow between $100 and $2,000. However, loans offered by ACE are also known for being very expensive.

Pros and Cons ACE Cash Express Personal Loan Options

Let’s take a look at the pros and cons of ACE Cash Express personal loan options.


  • Fast access to cash;
  • Loan cancellation within 72 hours;
  • Easy application;
  • In-store and online loans.


  • Loans can potentially affect your overall credit profile;
  • Interest rates may be higher than those on some payday loans;
  • Loan amounts are limited to $2,000;
  • No loans for people in the military.

Features of ACE Cash Express Loans

Now let’s take a closer look at the key features of ACE Cash Express loans:

Fast funding

If you apply online, the company can transfer money to your checking account within just one or a few business days. If there’s an ACE store near you, you can visit it and get the funds in person.

Loan amounts between $100 and $2,000

ACE can provide you with small personal loans between $100 and $2,000. The exact amount you can get depends on your state, income, and the loan type you choose.

Online and in-store application

You can either fill out an online loan request form or visit an ACE store near you and apply in person.

The ability to cancel your loan within 72 hours

If you suddenly change your mind, you can turn back the money in 72 hours without any consequences.

No application fees

ACE doesn’t change borrowers for applying, no matter what loan decision you get.

Potential risks for your credit

Although ACE states its loans don’t affect a borrower’s FICO score due to the soft credit inquiries it performs, the service also notes that such a check may affect your overall credit profile.

High interest rates and fees

Borrowers note that ACE Cash Express offers high-interest debt with costs exceeding some payday loan options. Plus, it can be difficult to find information about loan costs on the company’s website.

What Products and Services Are Available via ACE Cash Express?

ACE offers a broad range of financial products and services. They include:

  • Payday loans;
  • Title loans;
  • Installment loans;
  • Check cashing;
  • Bill pay;
  • MoneyGram transfers and orders;
  • Debit cards;
  • ATM services;
  • Tax services.

ACE Cash Express Loan Requirements

Borrowers need to meet a few basic ACE Cash Express loan requirements to be eligible for the company’s loans:

  • Be at least 18 years old;
  • Have a valid ID and Social Security Number;
  • Provide proof of a steady source of recurring income;
  • Have an active bank account in your name;
  • Have a valid and active email and cell phone number.

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How to Apply for Loans with ACE Cash Express?

Whether you apply online or in a store, the process is quite simple. You need to take just a few steps, which are as follows:

  1. Fill out a loan request form. You only need to provide some basic personal and financial information.
  2. Wait a few minutes for approval. After you submit a form, ACE will review your details and turn back to you with a loan decision.
  3. Get the funds. If approved, you will be asked to sign a loan agreement. If you apply in a store, you can get money on hand right away. For online applications, ACE will make a direct deposit into a borrower’s bank account.

Who Are ACE Cash Express Loans Good for?

ACE Cash Express loans can be a great solution for people who find themselves in need of urgent cash. Due to funding times within one business day and a simple application process that can be completed online, borrowers can access money quickly and without hassle.

ACE loans also may serve as a bad credit alternative to traditional loan options. This is because the service provides longer-term solutions with flexible repayment terms and higher loan amounts.

Thus, people in emergencies or borrowers with credit issues may find ACE loans a good option for financial assistance. However, they need to remember about higher loan costs and potential risks they may bring to their credit history.

Final Thoughts

ACE Cash Express is a trusted and legit financial services company with more than 50 years in the lending business. It offers a wide range of loan products for people who find it challenging to access traditional loan options for some reason. Due to its fast funding times, easy application procedure, and bad credit tolerance, it can act as a helping hand for millions of Americans.

However, ACE’s loans are also quite expensive and can potentially create a cycle of debt. Therefore, they should be used cautiously.


In What States Is ACE Cash Express Available?

ACE Cash Express loans are available in all US states. Besides online loan options, ACE also offers in-store services on more than 850 brick-and-mortar branches across the Nation.

Does ACE Run Credit Checks?

ACE typically checks your application details via alternative consumer reporting agencies. Although such an inquiry doesn’t affect your FICO score, it may be displayed in your credit profile.

Who Can Apply for a Loan at ACE?

Anyone can apply for a loan with ACE as long as they meet its simple age and income requirements. A borrower’s credit score is not among the company’s eligibility criteria. You can easily qualify for an ACE loan with any credit.

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Michael Lefler

Written by Michael Lefler

Written by Michael Lefler

Mike Lefler shares his interest in a wide range of different subjects, including his love for finance-related writing. His passion for writing and his years of study led him to become one of the brilliant authors in the massive finance arena and in the area of Financial Planning and Lending Industry.

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