Near Me Payday Loans in Alamosa Colorado in 2025 with Comparison Chart Eligibility Criteria & Real Reviews
- Published on -
- Written By - Tony Dorman
- Reviewed By - Zack M. Disette
Payday loans in Colorado are highly regulated due to the fact that they pose a risk to consumers. As a result, the state imposes a maximum loan amount of $500, along with a minimum term of six months. Additionally, the loan has an annual percentage rate of APR which is capped at 36%. All of these measures are intended to protect borrowers from unreasonable fees and allow payments to be made over a manageable duration.
1. City Market Money Services
- • Services Provided: Calculate checks and lend pay raises
- • Features: Advanced check verification technology.
- • Phone: 719-589-2492
- • Review: Drake Oconnor They make their own hours. Ridiculous.
- • Ratings: Not available for Specific ratings and reviews.
- • Working Hours: Daily from 07.00 – 10.00.
- • Location: 131 Market St, Alamosa, CO 81101
- • Amenities: These convenient groceries located helpfully enableing other shopping.
- • Loan Amounts: As a rule up to $500 (according to the Colorado state law).
- • APR Percentage: Colorado state regulations also 36% per annum.
- • Approval Time: Usually approved the same day.
- • Loan Period: Minimum of 180 days (6 months) as dictated by Colorado law.
2. OneMain Financial
- • Services Provided: Personal loans and financial services.
- • Features: Offers secured and unsecured personal loans with fixed rates.
- •Website: onemainfinancial.com
- • Phone:+1 719-589-2506
- • Reviews: MR. LILSTONER- one main financial helped me get a fast and simple loan through my local advisor.
- • Julia who was so blessed to have shared with me how to save money and manage my loan using my better.
- • Rating: 4.4/5 (Google)
- • Working Hours: 9 AM—5 PM, Mon-Fri; Closed on weekends.
- • Location: 1307 Main St Ste B, Alamosa, CO 81101
- • Amenities: Loan tailor made solutions with personal consultations.
- • Loan Amounts: Usually between $1,500 and $20,000.
- • APR Percentage: Up to 35.99 %.
- • Approval Time: Typically, one business day.
- • Loan Period: 24 to 60 months.
3. Quik Cash
- • Services Provided: Payday loans, alternative loans, and other financial services.
- • Features: Offers various loan products tailored to individual needs.
- • Phone: (719) 587-3132
- • Working Hours: standard business hours.
- • Location: 1435 Main St, Alamosa, CO 81101
- • Amenities: personal appointments and swift loan approval.
- • Loan Amounts: Generally up to $500, as per Colorado state law.
- • Average Annual Percentage Rate (APR): Capped at 36 Percent as per Colorado state provisions.
4. Valley Check Cashing Inc.
- • Services: Payday loans, bill payment, check cashing.
- • Features: Multi-service financial hub.
- • Phone: (719) 589-4141
- • Hours: Wed–Sun 10:00 AM–5:00 PM.
- • Location: 2431 Main St Ste 14, Alamosa, CO 81101.
- • Amenities: Cashing of checks, selling of money orders.
- • Loan Range: $100 – $500.
- • APR: 36%.
- • Same Day Approval: Yes.
- • Loan Period: Short-term (within paycheck) ’til next paycheck.
5. ACE Cash Express
- • Services: Offering payday loans, check cashing, auto insurance.
- • Features: Comprehensive financial services.
- • Website: acecashexpress.com
- • Rating: 3.8 (Yelp).
- • Reviews: “Reliable for quick cash, but busy at peak hours,” said Anthony M.
- • Hours: Mon–Thu 9:00 AM – 7:00 PM; Fri 9:00 AM – 8:00 PM; Sat 9:00 AM–5:00 PM.
- • Location: 518 West Ave, Alamosa, CO 81101.
- • Amenities: Money transfers, prepaid debit cards.
- • Loan Range: $100 – $1000.
- • APR: 36%.
- • Approval Time: 1-2 Hours.
- • Loan Period: 2-4 weeks.
6. Instant Cash Advance USA (Online)
- Services: Online payday loans.
- Features: Instant approval, no credit.
- Website: instant-cash-advance.us
- Rating: 4.0 (Trustpilot).
- Reviews: “Online service was quick, but the costs were steep.” – Lara J.
- Hours: Always available online.
- Location: Internet only
- Amenities: Application via the internet, internet payroll.
- Loan Range: $100- $1,000.
- Annual Percentage Rate (APR): 36%.
- Time to Offer: Immediate.
- Repayment Duration: Until the following salary payment.
Eligibility Criteria for Payday Loans in Alamosa, Colorado (2025)
In order to secure payday loans within Alamosa, Colorado, borrowers are required to follow these guidelines:
- Minimal Age Necessity: One prerequisite of registering for a payday loan is that the individual is at least 18 years of age.
- Government ID: Identification proof (driver’s license, passport, or state ID) needs to be provided by the borrower which will be used to validate their identity.
- Income Proof: Social Security, employment or even disability payments would suffice in proving one’s income thus repayment capacity.
- Valid Bank Account: A checking account that is operational is needed under the borrower’s name to facilitate loan deposit and repayment withdrawal.
- State of Colorado Residency: To avail of the loan, it is necessary for the borrower to be a citizen of the state of Colorado with an accompanying proof of residence (utility documents, lease contracts etc.)
- Income Thresholds: After tax income being $1000 or more is normally expected by most lenders.
- Past Bankruptcy Months Policy: Bankruptcy applicants are required to have no open or active bankruptcies in order to obtain a payday loan.
- Credit Score Consideration (Loans May Differ by Lender): Even though a high score is not mandatory for payday loans, some service providers may review the borrower’s credit report.
- Not Holding Multiple Payday Loans Dose Not Apply: In the United States, and specifically under Colorado law, a borrower is prohibited to hold more than one payday loan from different lenders.
- Loan Limit Compliance: The borrower is obliged to comply with the maximum limit of the payday loan in Colorado which is capped at $500 per transaction.
How to Apply for a Payday Loan in Alamosa, Colorado (2025)
Alamosa is relatively easy when it comes to paying a loan application. If you would like to make sure of the hassle-free submission of your documents, adhere to these steps.
- Check Your Eligibility
Eligibility comes with several requirements. Review the following before applying.
- Age Requirement: minimum of 18 years old.
- Residency: Must be a Colorado resident and possess an address verification document.
- Income Verification: The applicant must have a consistent income (employed, receiving payments, etc.).
- Bank Account: The applicant must maintain an open checking account accessible for loan payments and transfers.
- ID Proof: The applicant must submit a copy of a valid government photo identification (driver’s, state ID, passport, etc.).
- Findings for a Schedule Advance Provider in Alamosa
Pick a lender that best fits you according to the loan amount, interest rates, average time taken to approve, and feedback given by the customers. Here are some options:
✔ City Market Money Services – Check cashing & payday loans (719-589-2492)
✔ Valley Check Cashing Inc. – Check cashing & bill paying services (719-589-4141)
✔ Quik Cash – Alternative loan solutions (719-587-3132)
✔ Instant Cash Advance (Online) – Same day payday loans from $100 – $1000
- Pick a more preferred method of applying for a balance between an online application or an in-person visit
📌 Online Application (Fastest, No Paperwork)
• Go to the lender’s site.
• Complete an application available on the website.
• Provide identification, proof of income, and banking information.
• For eligible clients, approval is instant.
• The money is transferred into the client’s bank account within 24 hours.
📌 In-Store Application (Cash on the Spot, Face to Face Assistance)
• Make your way to one of the payday loan stores located in Alamosa.
• Carry with you required documents (identity, proof of earning, bank details)
• Complete a loan application form.
• Be ready for instant approval.
• Fund will be given immediately after verification.
- Review Loan Terms and Conditions
- Loan Amount & Payment Schedule (As per Colorado legislation, the upper limit for payday loans is $500).
- Interest and APR (In Colorado, the limit on APR is 36%.).
- Fees and charges for delayed payments.
- Payment schedule stipulates a minimum of 6 months.
💡 Tip: Make sure to read the agreement fully before signing it.
- Receive Loan Funds
✔ Online Loans: Funds will be deposited into your bank account.
✔ Instore Loans: Cash may given to you on the spot or you may receive it via direct deposit.
- Repay the Loan on Time
🔹 The lender deducts payments automatically from your bank account on the due date.
🔹 Certain lenders allow repaying in 6-month installments.
🔹 It is best to pre-maintain sufficient funds in the bank account to avoid incurring late fees.
Conclusion :
- Refrain from borrowing any more than what is necessary or what you can reasonably pay back.
- Check a range of lenders to evaluate the difference in rates and terms.
- To avoid being deep in debt, try not to use rollovers.
- Explore other options like personal loans or credit unions, which can offer lower costs.
