1/10/2023
The Rocky Mountain region has always had a special appeal for many reasons. In this mountain range lies Colorado, a prosperous, progressive state with a good quality of life and favorable tax policies.
If you are interested in how to get personal loans in this territory, our experts give you their best tips.
Where to get personal loans in Colorado?
Deciding on Colorado, or being in this famous state, has several social and economic advantages. It is a region characterized by its great economic development, quality education, a very dynamic tourist activity and beautiful landscapes.
It is not surprising that the credit culture is well rooted in its different communities. Thanks to new technologies and the adoption of digitalization, getting a personal loan is much easier and does not require so much paperwork.
- Loan amount: between $ 100 and $ 35,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 6.63% and 485% APRAddress: 1125 E. Broadway #545, Glendale, CA 9120
- Loan amount: between $ 500 and $ 50,000
- Term: entre 15 days y 120 months
- Extra:Fast loans up to $50,000 for whatever you want.
Interest rates from 6% to 439% APR
Finansi Group SL - Calle de las Barcas 2 Piso 2, 46002, Valencia
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 1728 months
- Extra:Fast online loans even with bad credit.Interest rates between 5.99% and 35.99% APR
3315 E Russel Rd Ste A-4 Box #105, Las Vegas, NV 89120
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 3 y 720 months
- Extra:Interest rate from 5.99% to 35.89% APRAddress: 278 EAST 1875 SOUTH Roosevelt, UT 84066
- Loan amount: between $ 50 and $ 2,500
- Term: entre 7 days y 12 months
- Extra:Fast loans online and offline, even with bad credit.Interest rate starting at 83% APR.Address: 300 E. John Carpenter Fwy, Ste. 900, Irving, Texas, 75062
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 6 y 72 months
- Extra:Interest rate from 5.99% to 35.99% APR - 216 E 4th St, Austin, TX 78701
- Loan amount: between $ 200 and $ 5,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 100 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,500 and $ 20,000
- Term: entre 24 y 60 months
- Extra:Fast online and offline loans, also securedInterest rate from 18% to 35,99% APR
Address: OneMain Holdings, Inc. 601 N.W. Second Street Evansville, IN 47708-1013
- Loan amount: between $ 200 and $ 5,000
- Term: entre 14 days y 24 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 200 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 100 and $ 5,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 100 and $ 3,000
- Term: entre 7 days y 9 months
- Extra:Interest rate between 471% and 841% APRAddress: P.O. Box 760 | Parshall, ND 58770
- Loan amount: between $ 100 and $ 1,500
- Term: entre 1 days y 6 months
- Extra:Interest rate from 15% to 1,564% APRAddress: 278 East 1875 South - Roosevelt, UT 84066
- Loan amount: between $ 1,000 and $ 50,000
- Term: entre 36 y 60 months
- Extra:Online personal loans even with bad creditInterest rate between 6.7% and 35.99% APR
Address: 2950 S. Delaware Street, San Mateo, CA 94403
Even traditional financial entities such as banks and credit unions promote online applications. This is because online platforms, fintechs and individual lenders are dominating this market.
If your credit score is not the best, we suggest you turn to a credit union or an online lender that offers you bad credit loans. Remember that, if you have a score below 580, applying for a personal loan is an uphill battle.
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Once this hurdle is overcome, the rest consists of filling out a form, waiting for approval and receiving the money in 1 or 2 business days.
What types of money loans are there in Colorado?
We already know that personal loans can be very useful for when you're short of money at the end of the month, have an emergency or want to make a major purchase.
The main advantage of this financing is that you are usually charged a more manageable interest rate compared to a credit card.
In general, our experts recommend that you use a personal loan for a specific purpose. It can be a home renovation, moving, bill consolidation, medical expenses, unforeseen events or significant events (wedding, communion, graduation, etc.). The idea is to have a concrete goal and raise the necessary funds to achieve it.
In this sense, in Colorado you can make use of several personal credit options such as:
- Secured loans. This is a financing with low interest rates that requires you to give an asset as collateral. You should be aware of the risks involved in leaving collateral such as a car, house or other valuable possession.
- Unsecured loans. Unlike the previous ones, you don't need to leave anything as collateral. Generally, they have slightly higher APRs, greater flexibility and higher amounts (up to $100,000).
- Consumer lines of credit. This type of revolving financing works like a credit card. You are given a limit that you can use, pay off and reuse for a certain period of time.
- Debt consolidation loans. When you owe a lot on your high-interest credit cards, this loan works well to consolidate your debt and pay it off with lower interest rates.
- Payday loans. Despite their popularity, we do not recommend this option. They are short loans (7 days-1 month), with very high interest rates and some costly penalties.
What banks offer personal loans in Colorado?
Although it is not one of the most populated states in the nation, this region has numerous banks with hundreds of offices spread throughout the territory.
Wells Fargo, Chase Bank and US Bank have the largest presence, but there are also major national and regional institutions, such as KeyBank and Bank of Colorado.
A brief overview of Colorado
The state of Colorado is located in the western part of the United States and its geography is part of the well-known Rocky Mountains. For this reason, it is a place that is characterized by very varied landscapes, such as deserts, plateaus, canyons, forests, high plains, watersheds and highly visited peaks.
There is evidence that Colorado was inhabited by Native Americans 13,000 years ago and the southern route along the Rocky Mountains was used for migration in the country.
Its name is of Spanish origin, and it was organized as a territory in 1861 and President Ulysses S. Grant incorporated it to the American Union in 1876 as the 38th state.
This state has as its capital the city of Denver, which is the most populated of all. According to the state census of 2020, Colorado is inhabited by a little more than 5,770,700 people within its different communities. It is also considered the 8th largest in the U.S. and the 21st largest in terms of the number of residents.
In economic terms, Colorado is among the top 10 most prosperous states in the nation and is also very well educated. Its financial growth is supported by industries related to agriculture, mining, defense and government, different types of manufacturing and tourism.
In short, getting personal loans in Colorado, and in any other state, depends a lot on what options best fit your current financial situation.
It is never advisable to go into debt without backing or a plan that makes financial sense. For this reason, you should rely on the best information available, understand the terms and compare options with Busconomico.
Español: Préstamos personales en Colorado