What knocks into your mind when you hear of payday loan?
A payday loan is a small dollar short-term advance used as an option to help a person with small, often unexpected expenses. Payday loans are short-term in nature and not intended to be used as long-term or for larger purchases like a home or car. They are the safe and convenient way to allow a customer to stretch their buying power and help cover small, unplanned expenses. Whether you are suffering from seasonal expenses like holiday bills and back to school costs or you need help with unexpected bills, or repairs, Payday loans Denver is here to help you.
How to Borrow
Our advances range varies depending on your state of residence. The qualifications for our loans are naturally less harsh than for conservative loans. In exchange for the cash you need, Payday Loans Denver charges a small fee than can get from any other loan lending firms. This fee along with the original amount borrowed is typically due on your next day of pay. At payday loans Denver, we have made it easy and fast to get the cash you need, when you need it. Whether you are borrowing online or at retail locations, we offer a stress-free approach to borrowing.
Rates and Terms
Our Annual Percentage Rates varies in each state and depends on the advance amount, fees and terms of the transaction you make. The Annual Percentage Rate for a $100 single-payment payday loan may range from 260.71% to 782.14% on 14-day terms. As a member of CFSA, we abide by the spirit of the Fair Debt Collection Practices Act as applicable to collect past due accounts. Delinquent accounts may be turned over to a third party collection agency which may adversely affect your credit score. Non-sufficient funds and late fees may apply. We don’t allow automatic renewals since renewing a loan may result in additional finance charges and fees.
How Our Loans Works
At Payday Loans Denver, our loan products are handled in four different ways, that is;
Online loan: this involves applying for your loan online, which is made very quick, easy and confidential for our clients. Once you are pre-approved, you confirm your fund applied and the cash will be deposited to your account. The original loan amount is always debited from your bank.
In-store loan: here you simply write a personal check for the cash advance amount plus the fee, we hold your check until your next payday and you walk out with your fast cash instantly. On your next payday, you repay Advance plus fee.
Installment loan: just like it sounds, you only need to apply online, e-sign your application to confirm your fund, cash is deposited to your bank account and original amount is debited from your bank account according to your payment schedule.
Title loans: Payday loans Denver allows you to use your car and a clear title of your vehicle, get the cash you need and keep your vehicle, and repay your loan according to a payment schedule.