Payday loans Colorado 💵

Payday loans are a faster and more convenient replacement for regular bank loans. This option is worth considering in cases when you need a certain amount of money urgently, such as paying off debt.

A payday loan is the sum of money that is borrowed to solve certain personal financial problems. The money is given by a lender who has specific requirements for the borrower. The conditions of the loan may vary depending on the state in which you live and the particular lender.

FAQ

Question: What are the conditions in Colorado for receiving such loans?

Answer: To get a loan in Colorado, you must meet the following requirements:

  • be a USA citizen or permanent resident;
  • have 18 years or more;
  • have a permanent source of income from $1000 or more per month.

You will also need to provide the following information:

  • name, address, date of birth, social security number;
  • valid ID;
  • telephone number or e-mail;
  • information about your place of work.

Besides, some lenders may apply their extra requirements to borrowers.

Question: How does a personal loan differ from a payday loan?

Answer: The main difference is that a personal loan can be up to $35,000 and a payday loan can be only up to $1,000. Also, to obtain a personal loan, you need to submit a larger package of documents compared to a payday loan.

Payday loans specifics in CO

In Colorado, this kind of loan is legal, but the maximum loan amount is limited to $500. You are allowed to receive as many loans as you wish, but the maximum total amount must not exceed $500.

The minimum repayment period is 6 months, and the maximum period is not set by Colorado legislation. The borrower has the right to cancel the receiving procedure before 5 p.m. on the next working day after the loan transaction.

In the case of early repayment, the lender must repay interest in the sum proportional to the sum of the loan. The amount of repayment is calculated depending on the remaining term of the loan repayment.

Please note that state laws may change at any time, so please consult with your lender for up-to-date information.

APR
Cash advance loans range from 200% to 1386%
Installment loans range from 6.63% to 225%

 

4 easy steps to get your funding

1 Choose how much funding you need

2 Fill in application form. It is simple, secure and fast!

3 Wait for Credit Check approval. Our credit checks are clearly stipulated

4 Get funds you need

Pdloans247: convenient service for receiving payday loans

Pdloans247.com is a website with the help of which you can get a payday loan online for the desired amount as quickly as possible and on beneficial terms. For getting it, you just need to contact our specialists. When you register, we will help you find the most suitable lender in Colorado. Applying for a loan is simple and fast. Soon after finishing the arrangement with the lender, your loan application will be approved.

There is usually no more than one working day between the application and the receipt of the money.

Colorado map

Contact consumer support:

1125 E Broadway #545, Glendale, CA 91205, United States
Phone: 18668880037,

E-mail: info@pdloans247.com

If you prefer applying over the phone, call us at 18668880037

  • Contact consumer support at (888) 775-0859