Colorado Payday Loan
There is good news for all Colorado residents; if you are strapped for cash, SameDayPayday can help you. A payday loan can be just what you need to pay for emergency car repairs or other unexpected expenses that otherwise would have to wait until your next payday, and thereby cause you significant inconvenience.
What is the best aspect of SameDayPayday? First, detailed profiles and user reviews of top lenders across the country. Second, we offer a quick and painless service: fill out an application to see if you’re approved, and get funded with one business day. One of the great things about shopping online for a cash advance loan is that it is faster, more convenient and confidential.
Payday Loan Laws in Colorado
In Colorado payday lending is legal. If you are looking into receiving a payday loan in the state of Colorado you should know the laws of the state that can protect you from predatory lending. The maximum you can borrow is $500 with a loan term of a maximum of 40 days. The finance charge for a $100 payday loan for 14 days is $20. In Colorado you can only have one loan out at a time, and are permitted one extension.
In the state of Colorado there were 114 lenders that operated in 496 lending locations, as of September 2005. But thanks mostly to the internet, that number has grown considerably. In an internet search early 2017, “payday loans Colorado” turned up 490,000 hits!
The state motto of Colorado is: “Nothing without Providence.”
Colorado Payday Loan - Cities