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Populus Financial Group, Inc., d/b/a ACE Cash Express, Inc.

On July 12, 2022, the Bureau filed a lawsuit against Populus Financial Group, Inc., which does business as ACE Cash Express, Inc. (“ACE”). ACE is a payday lender headquartered in Irving, Texas and has approximately 979 stores in 22 states and the District of Columbia. The Bureau alleged that ACE engaged in unfair, abusive, and deceptive acts or practices in violation of the Consumer Financial Protection Act of 2010.

On April 30, 2025, the Bureau voluntarily dismissed the action against the defendants with prejudice, and the court terminated the case the same day.

Complaint

Notice of Dismissal

Press release

CFPB Sues ACE Cash Express for Concealing No-Cost Repayment Plans and Improperly Withdrawing Consumers’ Funds


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