Colorado Cash Advance

AdvanceCash.info is devoted to helping all our customers find a solution to their financial problems. When you find that you can't make it to your next payday, AdvanceCash.info can help you find the funds to do so. We have a variety of loans and products available, with loans available up to $1,000. Our easy-to-use system is incredibly fast, and many of our customers believe that is our best feature. The same day you apply for a cash advance loan, you can see the funds deposited directly in your bank account.

Cash Advance Loan Laws In Colorado.

Colorado law makes cash advances legal, which makes the process even easier. Predatory lending is prohibited in the state of Colorado though, which can protect you when looking for cash advance loans. The state places limits on the amount of finance fees a lender can charge, with those limits equaling 20% of the first $300 a customer borrows, and 7.5% of any amount over that first $300. The lender sees this finance fee as being completely earned as of the date the loan first takes effect. A customer can only receive a maximum of $500 in loans at any one time, regardless of how many separate cash advance loans they may have. The loan can be rescinded by the customer, but only if they make this known by 5 p.m. the day after they first take out the loan. This information is all clearly marked on the loan agreement contract in 10-point font to make it easy to read.

In September of 2005, there were 114 lenders in 496 locations operating in the state of Colorado.

Those who are planning to move to Colorado can find that our service is perfect for finding the money you need to pay your moving expenses. Even if you live in the state, but want to move somewhere else, you can use our services to fund that move. Many people living in the country have problems making it to their next paycheck because of an unexpected expense that suddenly arises. Instead of incurring a late fee, why not try a Colorado cash advance? Once you receive your paycheck, you pay us back, and you avoid worrying about how you will pay those other bills.

Our cash advance loans are available for anyone, as long as they live in the United States. Those financial problems that you did not see coming can easily be taken care of by using one of our loans. All you need to do is apply for a loan at AdvanceCash.info.

It really is easy and fast to apply for a loan, and you'll see that for yourself when you visit AdvanceCash.info. Everyone who qualifies is able to receive a loan, and that includes all residents of Colorado. Once you're approved, you'll have instant access to the money that you need today.

We guarantee that you won't have any difficulty using our outstanding, secure service. You will have easy, fast, and safe access to the money you need. We protect your information, and take care of all the details as quickly as possible.

Colorado law prohibits loan splitting which would allow a lender to divide a loan into two halves and charge interest on both loans. This is illegal under state law.

Lenders can give loans to individuals provided that they adhere to the state maximums. In Colorado, a cash advance is limited to $500 at any one time from the same lender. This maximum limit is placed on the company itself and not the individual lenders. This means that a customer cannot borrow from two different branches of the same company, unless that amount is less than $500. According to the state laws of Colorado, this applies to all lending companies.

Finance charges are also limited to the loan amounts as per Colorado state law. This amount is set at 20% on the first $300 of a loan. After that amount, it is set at 7.4%, which limits the charges on a $500 loan to $75.

The maximum amount of charges and fees that a lender can charge on a $500 loan is $75. Keep in mind again that this loan cannot be divided according to the laws of Colorado.

Unemployment Statistics In Colorado

The United States Department of Labor listed the unemployment rate in Colorado at 5.2% in January of 2006. At that point in time, there were over 131,000 residents of the state who did not have a job. The previous year unemployment rates were 5.6%, which means the rate did drop slightly. Over the last ten years, the unemployment rate in Colorado has ranged from 1.6% to 5.6%.

Colorado Cash Advance - Cities