ACE money Express ends loans that are payday Maine

ACE money Express ends loans that are payday Maine

A competitor states he’s been told that the business plans to shut both of its stores in Portland and Brunswick.

ACE money Express Inc., which gives economic solutions targeted at low-income residents in Portland and Brunswick, no further is providing short-term “payday” loans, workers confirmed Monday.

A Maine-based competitor said he’s got been told the business intends to close both of its Maine areas in July included in a more substantial move that is downsizing.

ACE, located in Irving, Texas, would not get back duplicated telephone calls Friday and Monday searching for remark, but workers at its two Maine shops stated they’ve discontinued payday financing services and referred all questions about the insurance policy switch for their business workplace.

ACE runs in 31 states and also the District of Columbia, based on its web site, yet not all those states enable payday financing. The organization provides a number of other solutions, including prepaid debit cards, always check cashing, bill re re payments, cash transfers, cash purchases and deposit that is direct. Continue reading “ACE money Express ends loans that are payday Maine”