Installment Loans

Frequently Asked Questions

About Installment Loans

What is an installment loan?
Are installment loans available in my state, and if so, how much can I borrow?
Can spouses have separate loans?

Application Process

What do I need to apply for an installment loan?
How do I apply for a loan?
Do I need to be employed? Can I be retired?
Do I need collateral to apply for a loan?
Is there any cost to apply for the loan?
How will I know if I am approved? When will I receive my funds?
Will I need a fax machine to apply for a loan?

Payments and Cancellation Information

When will the loan be due?
How and when can I pay back?
If I pay off my loan early, how does that affect my finance charge?
What if I change my mind and decide to cancel my loan?

About ACE

Why choose ACE Cash Express?
What is a Credit Services Organization (CSO) and Credit Access Business (CAB)?
Is my personal information safe?
  1. All loans subject to approval pursuant to standard underwriting criteria. Rates and terms will vary depending upon the state where you reside. Loans should be used for short-term financial needs only, and not as a long-term solution. Customers with credit difficulties should seek credit counseling. Loans in California are made or arranged pursuant to Department of Business Oversight California Finance Lenders License. Loans in Ohio arranged by FSH Credit Services LLC d/b/a ACE Cash Express, CS.900100.000, and made by, and subject to the approval of, an unaffiliated third party lender. Loans in Texas arranged by ACE Credit Access LLC and made by, and subject to the approval of, an unaffiliated third party lender.
  2. Loan funding requires verification of application information. Depending on ability to verify this information, loan funding may be extended up to two days. All loans subject to approval pursuant to standard underwriting criteria. In-store cash pickup is subject to approval pursuant to standard underwriting criteria. In-store cash pickup not available in all states.
  3. Installment loans are intended for customers who need more time to pay off their loan than provided by a single-payment payday loan. Individual payment amounts for an installment loan are smaller when compared to the single-payment payday loan for the same loan amount. The total sum of payments for an installment loan will be higher than a single-payment payday loan if you pay off the installment loan according to the payment schedule set forth in the associated loan agreement.

Our credit decision on your application may be based in whole or in part on information obtained from a national database including, but not limited to, FactorTrust, Inc., P.O. Box 3653, Alpharetta, Georgia 30023, (678) 306-2260.