Payday Loans in Simla, Colorado

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Simla, CO. Consider companies in other cities:

Company nameAddressZip codePhone number
Dolores State Bank 101 S 6th St, Dolores, CO 81323 +1 (970) 882 - 7600
ACE Cash Express 636 Peoria St, Aurora, CO 80011 +1 (303) 341 - 7295
Dalby Wendland & Co. 1544 Oxbow Dr Suite 101, Montrose, CO 81401 +1 (970) 249 - 7701
Lendmark Financial Services LLC 15025 E Mississippi Ave, Aurora, CO 80012 +1 (303) 751 - 7745
Emergency Cash 5793 Independence St, Arvada, CO 80002 +1 (303) 940 - 6200
Champion Bank 16790 Centre Ct, Parker, CO 80134 +1 (303) 840 - 8484
Bank of the West 621 17th St Ste 103, Denver, CO 80293 +1 (303) 202 - 5535
Wells Fargo Bank 615 Goddard Ave, Ignacio, CO 81137 +1 (970) 563 - 9401
Advance America 385 Crossing Dr Suite 108, Lafayette, CO 80026 +1 (303) 664 - 0299
Cardinal Financial Company, Limited Partnership 135 E Bridge St, Hotchkiss, CO 81419 +1 (970) 872 - 1071

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Simla, CO, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Arvada, CO, Payday Loans in Aurora, CO, Payday Loans in Boulder, CO, Guaranteed Loans in Brighton, CO, Payday Loans in Broomfield, CO, Payday Loans in Castle Rock, CO, Payday Loan Without a Credit Check in Colorado Springs, CO and Payday Loans in Commerce City, CO. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Simla, CO.

Beautiful sights of Simla, CO

Payday Loans Available in Simla, CO By The Following ZIP Codes:

80835

Are Payday Loans Legal In Simla, Colorado?

Loan Rates and Fees, Laws and Regulations in Colorado.

Colorado Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)214
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term6 months (180 days)
Number of Rollovers Allowed1
Finance Charges<$300 = 20$ >$300 = 20$ + 7.5% of any excessive amount

Simla, CO payday loan calculator

Payday Loans in Simla, Colorado: Everything You Need to Know

If you’re facing a financial emergency and need a quick solution, payday loans in Simla, Colorado, might be the right option for you. Payday loans are commonly used in Colorado, with thousands of people taking out these short-term loans each year. In this article, we’ll provide you with all the key information you need to know before applying for a payday loan in Simla.

What Are Payday Loans?

Payday loans are a type of short-term loan that typically have a repayment period of two weeks to a month. These loans are designed for people who need cash fast, often for unexpected expenses such as car repairs, medical bills, or home repairs. You can apply for payday loans online or in person, and lenders typically don’t require a credit check, making them accessible to people with bad credit.

Are Payday Loans Legal in Colorado?

Yes! Payday loans are legal in Colorado, and lenders must follow specific guidelines set by the state. The Colorado Deferred Deposit Loan Act regulates payday lending in the state, limiting the amount you can borrow and ensuring that lenders provide clear information about fees and repayment terms.

How Do Payday Loans Work?

Applying for a payday loan is simple. You’ll need to provide proof of income, such as a pay stub, and a valid ID to the lender. You’ll also need to give the lender access to your checking account. If your application is approved, the lender will transfer the funds directly to your bank account. You’ll need to repay the loan and any fees by the due date, typically your next payday.

What Are the Fees for Payday Loans in Simla, Colorado?

In Colorado, payday lenders can charge up to 20% of the first $300 borrowed and up to 7.5% of any amount over $300. The APR for a 14-day $100 loan is 429%, which is relatively high compared to other types of loans. You should carefully review the terms and fees of any loan before accepting it.

What Are the Benefits of Payday Loans?

Payday loans can provide a solution for people who need cash fast and don’t have other options. They’re easy to apply for, and you can get approved quickly, often within minutes. Payday loans are also accessible to people with bad credit, and they can be a way to avoid late fees or other penalties for non-payment of bills.

What Are the Risks of Payday Loans?

While payday loans can be a helpful solution for emergency situations, they do come with risks. The high fees and interest rates can quickly add up, making it difficult to repay the loan on time. This can lead to a cycle of debt, where you borrow more to pay off previous loans. Missing a payment can also result in additional fees, and it can harm your credit score if the lender reports your non-payment to credit bureaus.

Interesting Facts and Statistics About Payday Loans in Simla, Colorado

  • According to a survey by the Colorado Attorney General’s Office, the average payday loan borrower in Colorado takes out eight loans per year, with an average loan size of $408.
  • In 2019, payday lenders in Colorado made over 414,000 loans, with a total loan volume of $166 million.
  • In 2010, Colorado passed legislation that limited the amount of interest payday lenders can charge and extended the repayment period from the typical two weeks to six months.

Apply Now for a Payday Loan in Simla, Colorado

If you’re facing a financial emergency and need a quick solution, TheGuaranteedLoans can help connect you with potential lenders for payday loans in Simla, Colorado. Simply fill out our online application, and we’ll provide you with options from our network of trusted lenders. Remember, we’re a connector service, not a direct lender, and we’ll work to help you find a loan that meets your needs and fits your budget.

Don’t let unexpected expenses derail your financial plans. Apply now for a payday loan in Simla, Colorado, and get back on track.

F.A.Q.

Are there any protections for borrowers in Simla, Colorado when it comes to payday loans?

Yes, Colorado law has certain protections in place for payday loan borrowers, such as a limit on the number of loans that can be taken out in a year and a cooling-off period between loans.

How do I find a reputable payday loan lender in Simla, Colorado?

It is important to research and compare payday loan lenders before choosing one. Look for lenders with a valid state license, clear terms and fees, and a good reputation with the Better Business Bureau. It is also a good idea to read reviews from other customers.