Payday Loans

Money when you need it most.

What is a payday loan and how does it work?


At ACE, you can apply for a payday loan online or in-store, depending on your state.

Payday loans are short-term loans designed to help you pay for immediate expenses. The loan balance is due in full on your next payday.

If you need quick cash and you have a steady source of income, a payday loan could be an option for you. Payday loans can help you cover overdue utility bills, unexpected car repairs, and other emergency expenses.

Online

To apply for a payday loan online, all you need to do is fill out a simple online application and sign a few forms online. This easy process only takes minutes. If you are approved, you could pick up the money in-store or have it deposited into your bank account the next business day.1,2 On your next payday your account will be automatically debited for the amount you owe.

In-Store

You can also apply for a payday loan at certain ACE store locations. Just use the store locator to find a store near you and apply in person. If you are approved, you can walk out with cash in hand.1

Are payday loans available in my state? How much can I borrow?

Payday loans are available online and in-store in the states below.

Minimum and maximum loan amounts vary by state. If approved, the amount you may borrow will depend upon your income and standard underwriting criteria.

Online

California: $100 - $255
Florida: $200 - $500
Idaho: $100 - $1,000
Kansas: $200 - $500
Louisiana: $300
Minnesota: $200 - $500
Ohio: $200 - $1,250
Texas: $200 - $1,500

In-Store

California: $100 - $255
Florida: $100 - $500
Indiana: $50-$605
Kansas: $100 - $500
Louisiana: $100 - $300
Minnesota: $100 - $500
Missouri: $100 - $500
Ohio: $100 - $1,000 (in most stores; contact your local store for details)
Oregon: $100 - $300
South Carolina: $100 - $550
Tennessee: $100 - $425
Texas: $100 - $1,500
Virginia: $100 - $500

What do I need to apply for a payday loan?

  • You do not have to be employed, but you must have a steady source of recurring income payments to ensure you will be able to repay your loan.
  • You must reside in the state you choose for your loan application.
  • You must be at least 18 years old.
  • You must not currently be a debtor in a bankruptcy case or presently intend to voluntarily file for bankruptcy relief.
  • You must not be a regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard, serving on active duty under a call or order that does not specify a period of 30 days or fewer or a dependent of a member of the Armed Forces on active duty.

If applying online:

  • You must provide a valid Social Security Number or Individual Taxpayer Identification Number.
  • You must have a checking or savings account that has been open for at least one month. California residents must have a checking account that has been open for at least one month.
  • You must be able to be contacted via phone if verification of application information is necessary.

If applying in-store:

  • You must bring a valid government issued photo ID. A Social Security Number is not required.
  • You must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.

When will I receive my funds?

Online

If approved by 6:00 PM Central Time on Monday – Friday for weekday applications, and by 2:00 PM Central Time on Sunday for weekend applications, you will generally receive the money the next business day.1,2

For verification purposes, we may need to contact you by telephone before your loan is approved. Applications received on a weekend or holiday may be verified the next business day due to bank closures.

In-Store

If you are approved, you will immediately receive your approved loan amount in cash.1

When will the loan be due?

Your payday loan will be due on your next approved payday (loan duration is state-specific). You will be informed of the due date if your loan is approved.

How and when can I pay back?

Online

The amount you owe will be debited from your bank account on the day your loan is due.

In-Store

You should pay off your loan in the store where the loan was originated with cash on or before the due date. You will not be penalized for making an early payment.

Can I extend or refinance my payday loan?

Depending on your state, you may be eligible to refinance your payday loan. You may also be eligible for a payment plan. Select your state from the list below to learn more.

California, Florida, Idaho, Indiana, Kansas, Louisiana, Minnesota, Missouri, New Mexico, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia

What if I change my mind?

Every loan comes with a 72-hour satisfaction guarantee. So if you change your mind about your loan, just return the principal within 72 hours and pay nothing more.

Application
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Requirements
Requirements
View our minimum requirements for being approved for a loan.
  1. All loans subject to approval pursuant to standard underwriting criteria. Rates and terms will vary depending upon the state where you reside. Not all consumers will qualify for a loan or for the maximum loan amount. Terms and conditions apply. 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.​ ACE Cash Express, Inc. is licensed by the Department of Business Oversight pursuant to Financial Code Section 23005(a) of the California Deferred Deposit Transaction Law. Loans in Minnesota made by ACE Minnesota Corp. 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. ACE Cash Express, Inc. is licensed by the Virginia State Corporation Commission, PL-115.
  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.

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, TransUnion, Equifax, LexisNexis or FactorTrust, Inc.