Payday Loans Lakewood CO USA | Online Payday Loans Colorado

Lakewood is the 5th largest city in Colorado, in terms of population which is around 158,660, currently. City is famous for numerous parks and recreational activities. This 114.5 km² of town is located in Jefferson County, CO, USA. The median yearly earning in Lakewood is $83,808 and the poverty rate is 9.64%. Further, employment growth rate of this year is 2.8% but in the following decade, it is estimated to surpass the national average by an 11% surge rate.

 

If you are thinking to apply for a cash advance in Lakewood, CO, then you should be aware of its laws too. Indeed, it’s legal here but with some restrictions. Firstly, you can borrow an amount up to $500 whether you’re borrowing one loan or more, the total amount can’t exceed this number. For a refund, you’ll get 180 days minimum that can be more as well. In fact, the interest rate is also fixed at 36% to prevent citizens to get charged 3-digit of heavy APR. Plus financial cost is also capped to 36% and you can refinance your loan once but it can cost you more. So, make sure you’re ready for this expensive form of loan and can payback on time to avoid default payment.