Because our content is not financial advice, we suggest talking with a professional before you make any decision. Government agencies, nonprofits and local charities often offer free financial services and help with food, utilities and rent for those in need. I have been a Ace Elite as well as NetSpend card holding for over 10 years. I recently noticed a transaction that was not authorized for $1300. I reached out to the merchant and was told I could get a full refund due to me not having an account with the company Credit Acceptance. It was for a car loan although they didn’t provide me with the account information.
The ACE Elite® Visa® Prepaid Debit Card is issued by Pathward, National Association, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Netspend is a registered agent of Pathward, National Association. Use of the Card Account is subject to activation, ID verification, and funds availability. Transaction fees, terms, and conditions apply to the use and reloading of the Card Account. Maximum APR. When obtaining a 14-day $100 loan, the maximum annual percentage rate you can expect is 309%.
ACE’s efforts to burnish its reputation were assisted by significant changes in the check-cashing industry as a whole. As the savings rate of the average American plummeted to an all time low, a greater number of families was saddled with hefty credit card debts. Increasingly, check cashers’ prime customers were no longer the urban poor, but rather ‘white-collar job holders who use their services to make ends meet,’ according to contemplatingthedivine the Cincinnati Enquirer. So-called ‘payday’ loans–in which check cashers allowed a customer to write a post-dated check and cash it on the spot for a fee–became an important aspect of the industry. As a result of the changing client base, check cashing outlets became more prevalent in suburban areas. Like its competitors, ACE reported that its most rapid growth by the mid-1990s occurred in suburban roadside shopping malls.
Choose Direct Deposit for your payroll, government benefits, or tax refund. The ACE Elite® Visa® Prepaid Debit Card lets you manage and spend your money without having to worry about carrying cash at stores or in restaurants. ACE Cash Express Installment Loans does not have or does not disclose a minimum annual income eligibility requirement. ACE Cash Express Installment Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
Choose ACE for check cashing or paying bills at one of over 850 participating locations. ACE Cash Express loan APRs skyrocket into the triple digits, and in some cases exceed the cost of an average payday loan. SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site .
ACE Cash Express can be a great option if you only need a small amount and can repay the loan in a few days. Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services. If you change your mind about your loan, ACE gives you up to 72 hours to cancel with no financial consequences. You might have to ask about your state in the website’s virtual chat, or find your way to the website’s “locations” page, where you can click on each state to see offerings and rates for some. Google’s ex-employees decided on taking their legacy to the next level with a unique initiative – Upstart. The brains behind the project didn’t stick to exhausted methods and instead went with artificial intelligence for loan qualification checks.