When seeking a cash-advance, you have options.
How does Colorado Pro/Ca$hcard "stack up" to your other choices?
Cash Advances from CPS/Ca$hcard can be an economical solution to the short term liquidity needs of yourself, your family or your business. CPS/Ca$hcard Cash Advances, for example, are much less expensive than the alternative of not paying bills on time or paying overdraft fees on your checking account.
The brief list below summarizes a comparison of annualized rates of payday loans as compared to potential alternatives when expressed as APRs (Annual Percentage Rates) for 14 day terms.
$100 payday advance with $20 fee ................... 521% APR
$100 credit card balance with $30 late fee ......... 800% APR
$100 bounced check with $50 bank/merchant fees ..... 1,304% APR
$100 utility bill with $60 late/reconnect fees ..... 1,564% APR
From start-to-finish: For bankcard-holders, Colorado Pro/Ca$hcard compares most favorably and makes the most sense.