Washington, DC (August 3, 2009) – While enjoying all the fun that most summer camps have to offer, youngsters attending the Greater Washington Urban League’s annual camp have the distinct advantage of also learning how to better manage their personal finances. In a program sponsored jointly by the Urban League and ACE Cash Express, Inc., summer campers have spent time on computers at the Urban League gaining a better understanding about personal money management.
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Personal Finance Blog
Washington Urban League Partners with ACE Cash Express for Second Year; Offers Financial Literacy Guidance to Youth
August 3rd, 2009ACE Cash Express and NetSpend® Corporation Present Local Familes with Prepaid Reloadable Debit Cards
January 26th, 2009DALLAS, January 26, 2009 – In a joint partnership, ACE Cash Express, Inc., the largest owner and operator of check cashing stores in the United States and the second largest owner and operator of short-term consumer loan stores in the United States, and NetSpend Corporation, one of the leading providers of prepaid reloadable debit cards in the United States, presented five local families with a $100 March of Dimes® prepaid reloadable debit card.
The families selected to receive the prepaid reloadable debit cards recently completed Comenzando Bien, a prenatal education program through the March of Dimes and AVANCE-Dallas. Representatives from ACE Cash Express, NetSpend Corporation, March of Dimes and AVANCE-Dallas all attended the January 20 presentation at AVANCE’s Dallas office.
Payday Loans Do Not Cause Bankruptcy, Clemson University Study Finds
January 22nd, 2009CLEMSON–Payday loans do not cause bankruptcy, according to a recent study by economists at Clemson University.
Dr. Petru S. Stoianovici and Prof. Michael T. Maloney studied the relationship between payday lending and bankruptcy filings over the period from 1990 to 2006. Using state-level data on the legality of payday lending and on the number of loan stores, the investigators found that neither the legality of payday lending nor an increase in the number of loan stores led to higher rates of consumer bankruptcies.
ACE Cash Express Community Fund Donates $943,674 to the March of Dimes Foundation
December 19th, 2008ACE Cash Express Makes Record-Setting Donation of $943,874 to March of Dimes
DALLAS, Dec. 19, 2008 — ACE Cash Express, Inc. announced today a donation of $943,874 to the March of Dimes Foundation in support of programs to improve the health of all babies.
ACE’s “Give a Little” campaign raised a record-setting amount for the company – a more than $400,000 increase from the previous year. ACE customers were asked to make a donation to support healthy babies and the result was extraordinary.
Mothers and children of Keith Village Recovery Program receive special treats on halloween from ACE Cash Express
November 6th, 2008Residents and Government Officials Turn Out For Fall Festival Including $10,000 Check Presentation and 200 Backpacks Filled With School Supplies for Children
Compton, CA (Nov. 6, 2008) – On Halloween, 300 mothers and children, all residents of the SHIELDS’ Keith Village Recovery Program, enjoyed an afternoon of treats as ACE Cash Express celebrated their personal triumphs with a fall harvest festival. The day included games, prizes, arts and crafts, gourmet carnival foods, live deejay and a Monster Mash line that wound around the 86-unit complex with kids ages 4 to 14 showing off their Halloween masks and receiving goodies.
ACE Cash Express Community Fund Donates $50,000 to Junior Achievement of Dallas
October 17th, 2007DALLAS, OCT. 17, 2007 — ACE Cash Express, Inc. recently announced a donation of $50,000 to Junior Achievement of Dallas, furthering their commitment to invest in the communities they serve.
The donation is part of the ACE Community Fund commitment to contribute to organizations that support children, education and financial literacy. In 2006, ACE contributed over $587,000 to various non-profit organizations nationwide through the ACE Community Fund.
ACE Cash Express Raises $584,000 for March of Dimes
August 27th, 2007DALLAS, AUG. 27, 2007 — ACE Cash Express, Inc. announced today a donation of $584,000 to the March of Dimes Foundation to support programs to improve the health and the lives of babies.
The funds were raised through a unique in-store event for ACE associates and customers called “Give a Little,” and represent the largest contribution that ACE has made to the March of Dimes.
ACE Cash Express Refutes National Consumer Law Center Report
July 17th, 2007Only 1% of Utility Bill-Payment Customers Are Short-Term Loan Users
DALLAS (July 17, 2007) — A recent report issued by the National Consumer Law Center is absent what should be a critical element of any report: the facts. The June 2007 report on utilities and payday lenders concludes that there is a link between companies like ACE accepting utility payments and offering short-term loans. The report relies on innuendo, anecdotes, and casual observations to make misleading conclusions. ACE processed over 6.3 million utility and bill-payment transactions during the 12 months ended June 30, 2007. In a sample of 602,524 utility and bill-payment transactions, ACE identified 5,823 customers, or 1%, who also became short-term loan customers on the same day that they paid their bill. Ninety-nine percent (99%) of ACE customers in this sample were not users of ACE’s short-term loan product on the day that they paid their bill at ACE.
