What is an Online Loan?
An online loan, put simply, allows you to complete the entire borrowing process by submitting an application from a desktop computer or mobile device, receiving an instant decision to loan funding, without ever setting foot inside a store. These loans can be a convenient way to borrow money, and may provide a solution when you need funds but can't wait for the traditional lending process.2
Types of loans available online at ACE Cash Express include either a payday loan (also known as a payday advance or cash advance), which is typically due in full on your next paycheck, or an installment loan (also known as a short-term loan), which allows loan repayment with multiple payments over a longer time period.3
At ACE, we offer loans online that may provide you with the money you need at your convenience!2 The application process is simple. Whether you're facing a financial emergency or have an unexpected expense, ACE offers short-term online loans that may be an option to get you back on track.
Where Can I Apply for an Online Loan?
Online personal loans that may provide an instant funding option1 are available in the states listed below. Minimum and maximum loan amounts vary by state and by personal loan type. If you are approved, the amount you borrow depends on your income and standard underwriting criteria.2
Payday Loans Online
Payday loans online are available in these states, with their respective loan amount ranges:
- California: $100 - $255
- Idaho: $100 - $1,000
- Kansas: $100 - $500
- Louisiana: $100 - $300
- Texas: $100 - $1,500
What Do I Need to Apply for an Online Loan?
When you apply for a personal loan online at ACE, we will ask you to provide the following information:
- Name
- Address
- Valid and active email
- Phone number
- Valid Social Security Number or Individual Taxpayer Identification Number
See also the payday loan requirements or the installment loan requirements for more details.
- Proof of a steady source of recurring income, such as employment, retirement, disability, self-employment, or another income source.
- Proof of active bank account that has been open for at least one month. California consumers must have proof of an active, personal checking account that has been open for at least one month.
See also the payday loan requirements or the installment loan requirements for more details.
How Do I Apply for a Loan Online at ACE?
Follow these simple steps to apply for an online personal loan at ACE:
- Complete the online payday loan or online installment loan application. It takes just a few minutes.
- Receive an instant decision.
- If you are approved, have your loan proceeds instantly delivered to your debit card if eligible1 or direct deposited to your bank account by the next business day, or – depending on your state and if eligible – pick up cash at a store near you!4
Online Loan Frequently Asked Questions
ACE may obtain information from a non-traditional consumer reporting agency and the inquiry may affect your overall credit profile with the applicable agency, but it will not impact your FICO Score.
We may consider your credit score, credit history, and other information received from a non-traditional credit reporting agency, but we also use personal information other than your credit score to determine your ability to repay the loan.† Don’t let a less-than-perfect credit score or credit history deter you; anyone may apply.
Yes. However, you must have a steady source of recurring income.
Automatic Payment
Payday loan
The amount you owe will be automatically withdrawn from your bank account on the day your loan is due. If you prefer a different method, you can pay online, by phone or in person at an ACE store. A convenience fee may apply when paying by phone.
Installment loan
During the online installment loan application process, you have the choice to set up automatic recurring payments and have your funds automatically withdrawn from your bank account on each due date, giving you peace of mind about paying on time. However, there are other ways to pay as well, including online, over the phone and at an ACE store. A convenience fee may apply when paying by phone.
Pay Online
Log into your loan account at www.myacepayments.com. And remember, there’s no penalty for early repayment.
Pay Over the Phone and Pay at an ACE Store
Pay Over the Phone - Call our 24/7 automated phone system at (866) 728-1808 to pay by phone. A convenience fee may apply.
Pay at an ACE Store - Depending on your state, you may also visit an ACE brick-and-mortar location near you and pay in person.
Like any other type of personal loan, you can use an online loan for your emergency needs. Common uses for personal loans include:
- Medical bills
- Auto repairs
- Home repairs
- Unexpected expenses
Apply Now
Payday Loan
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Installment Loan
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