Colorado Installment Loans

Repay Over Time, Not All at Once

What is an installment loan?

An installment loan at ACE is a type of loan that allows you to repay the loan in scheduled payments that are substantially equal in amount (last payment may vary slightly). At ACE, an installment loan can be repaid early, which may save you interest and CSO fees (where applicable).

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

Installment loans are available in-store in Colorado and range from $100 - $1,000. If approved, the amount you may borrow will depend upon your income and standard underwriting criteria.

What do I need to apply for an installment 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 bring a valid government issued photo ID.
  • 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.
  • 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.

When will I receive my funds?

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

When will the loan be due?

Please visit your store for information about number of payments and term (length) of the loan.

How and when can I pay back?

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

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. 

In Ohio and Virginia, you have until 5:00 PM Central Time on the third business day after receiving your funds to cancel your loan. For example, if you take out a loan on Monday, you have until 5:00 PM Central Time on Thursday to cancel your loan.