ACE Cash Express Near Me
ACE Cash Express is a short-term lender that has locations in 24 states. They specialize in payday loans and also offer a prepaid debit card. Their rates vary depending on the state. You can apply online or visit a store. You do not need to pay application fees or meet in person with a loan specialist to receive a loan.
ACE Cash Express is a payday loan company
ACE Cash Express offers a seventy-two-hour cancellation period. This policy will save you money and time if you need to change your mind about taking a loan. Customers can apply for a loan online or in person. ACE offers loans up to two thousand dollars.
The Consumer Financial Protection Bureau has authority to regulate payday lenders. It started supervising the industry in January 2012. The CFPB conducted an examination in conjunction with the Texas Office of Consumer Credit Commissioner. They also conducted an enforcement investigation. The CFPB found that ACE used illegal debt collection tactics, including threats of legal action and false threats of criminal prosecution. The company also harassed consumers with excessive collection calls, including calls to their employers and family members.
It offers short-term loans
Ace Cash Express has several different options for short-term loans. They offer loans that are usually approved within a day or two. However, the company has a few things that you should keep in mind before deciding to use this service. First, it is important to know that you will have to provide a valid Social Security number and taxpayer identification number. You will also need to provide proof of income and bank account information. Secondly, if you’re not able to repay the loan in time, they will charge an overdraft or return fee. Last, but not least, if you can’t make your loan payments, you may want to consider using an alternative lender like LendingPoint or OppLoans. These companies offer a variety of different types of short-term loans and installment loans.
ACE also offers installment loans, which are repayable in a few payments. This way, you can easily pay back the loan amount and avoid a long-term debt cycle. You can apply for an ACE installment loan online or at a store near you.
It has locations in 24 states
Ace Cash Express is a chain of check-cashing businesses with locations nationwide. The company offers competitive rates for consumers, while providing a clean and convenient environment. Its stores can cash payroll checks, government checks, insurance drafts, and money orders. It also offers money transfer services through the MoneyGram network. It also offers small, short-term consumer loans. Some locations also sell lottery tickets.
ACE operates its stores in regions, which are divided into market areas. Within each region, a regional vice president oversees the company-owned stores. These vice presidents manage an average of 91 stores in each region. Additionally, ACE employs 73 district managers who are responsible for hiring, scheduling, marketing, and operations.
It has a prepaid debit card
The Ace Cash Express Prepaid Visa Debit Card allows customers to obtain up to $100 per day of cash. It is available to those who are Accelerated Cash Express customers and can be used for regular direct deposit activity. This card is designed to reduce the hassles of carrying cash with you.
The ACE Elite Visa Prepaid Debit Card works with the NetSpend payment network. It has a Payback Rewards feature that pays cash back on certain purchases. However, it is important to note that the Payback Rewards feature is not available to everyone. To receive the rewards, you must activate specific offers.
It has a high APR
If you are looking for fast cash in an emergency, but have a poor credit history, you might want to think twice about obtaining a loan from Ace Cash Express. The company has high APRs and inconsistent reviews from customers. Its rates vary widely depending on the state you live in, and it requires an in-person visit to complete the application. If you want to avoid high interest rates, consider an installment loan.
The APR for an ACE loan can reach triple digits – far higher than the average payday loan. In 2014, the Consumer Financial Protection Bureau (CFPB) took action against the company for coercing borrowers into taking out additional loans that they couldn’t afford. This led the company to pay $5 million to borrowers and a penalty to the CFPB.