Instant payday loans

What is a Payday Loan?


A payday loan is a practical choice when you need a small amount of money.These loans from ACE cash express can be anywhere from $100 to $1000. Payday loans are short-term loans designed to help you pay for immediate expenses. They are considered short-term loans because the loan balance is due the following payday.



Payday Loans are Long-Term Loans


Long-term loans are a better choice when you need a larger amount of money. Long term loans have a longer payback process than payday loans. However, with long-term loans, you must undergo a rigorous application process that can take several weeks to several months before you receive the cash. Short-term payday loans are generally expected to be repaid within a month, or by the time your next pay period comes around. In most cases an online payday loan can offer you cash as quickly as overnight.



Payday Loans Are Private


Long-term loans often require the borrower to explain the purpose of the loan before approving the transaction, so you may need to disclose personal information you want to keep to yourself. ACE Cash Express does not require an explanation for how you will use the money for payday loans. This helps ensure privacy and speeds up the loan process.

1. Loans in Minnesota made by ACE Minnesota Corp. ACE Cash Express, Inc. is licensed pursuant to Financial Code Section 23005(a) of the California Deferred Deposit Transaction Law. ACE Cash Express, Inc. is licensed by the Virginia State Corporation Commission, PL-115. Loans in Texas arranged by ACE Credit Access LLC and made by, and subject to the approval of, an unaffiliated third party lender. 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. ACE is a licensee under the Alabama Small Loan Act. Not all consumers will qualify for a loan or for the maximum loan amount. All loans subject to approval pursuant to standard underwriting criteria. Terms and conditions apply. Payday loans should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.


2. Loan approval is subject to standard underwriting criteria. Loan funding requires verification of application information. Depending on ability to verify this information, loan funding may be extended up to two days.


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 Clarity Services, Inc., P.O. Box 5717, Clearwater, Florida 33758, (866) 390-3118 and/or FactorTrust, Inc., P.O. Box 3653, Alpharetta, Georgia 30023, (678) 306-2260.


Annual Percentage Rate (APR) varies from 65.35% - 1409.36% and is based on state, loan term, loan funding date and other underwriting considerations. Please select the state above for further details on APR.


What happens if I fail to make a timely payment on my loan or credit services transaction?


Failure to make a timely payment on your loan or credit services transaction can have several consequences, including the following:

  • Financial Implications – Currently, no past due interest is assessed on any loans you may obtain from us or that we may arrange for you . However, you may be assessed a late fee if you fail to make your payment by a specified period following its due date and you may be assessed with a returned item charge if any check or electronic payment we submit on your behalf is returned unpaid (late fee and returned item fees vary by state – see your transaction agreements for additional details).
  • Collection Activity – We may attempt to collect any delinquent amount through our standard collection practices, which include contacting you by phone, mail, SMS or email.  We may also exercise any of our rights under our loan or credit services agreements with you.  If we are unable to collect any delinquent amount you may have with us through such actions, we may also sell our debt to a third party debt buyer or engage a collection agency, who may also institute collection activity with you.
  • Impact on Your Credit Score – We do not currently report loan activity to any of the three major credit bureaus (Equifax, Experian or TransUnion). However, we do use alternative credit reporting agencies such as FactorTrust.  Failure to make timely payment on your loan may reduce your score with such agencies, and prevent you from receiving credit or other services from a provider that uses such agencies.
  • Renewal of your Loan – We do not automatically renew any of our loans or credit services transactions. Where refinances or renewals are available (varies by state), you may obtain a refinance or renewal of your loan or credit services transaction by logging in to your account prior to your due date and applying for a renewal or refinance. In connection with any renewal or refinance, you will be required to e-sign new transaction agreements for such renewed or refinanced transaction and our standard rates for loans or credit services transactions will be assessed on such renewal or refinance (varies by state – see posted fee schedules).