Pheabs can help you get the money you need now. We can assist you even if you are struggling to secure a loan from the bank because of bad credit. 

If your monthly bills have come to more than usual or you’ve had to pay for a car repair, a payday loan may be the right choice for you. Requesting through Pheabs will get your inquiry out to lenders across Colorado giving you a better chance of securing that loan, and fast! 


We’re a broker not a lender, but we’ll still make sure that the loan is affordable. Even if you don’t have a perfect credit history, we’ll try to help.

The Right Fit

We only work with reputable lenders, so we know they are lending responsibly. We’ll search our panel of lenders to find the right loan for you.

Soft search will not impact your credit score

We offer soft search loans that will check of the basis of your credit record but not leave any visible footprint.

You can get a Colorado payday loan from $100 up to $35,000. Before sending your request form, you should consider how long you want to borrow for and whether you want to repay on your next payday or pay in instalments. If you get a short-term loan, you repay the money 2-4 weeks later in one final repayment. With longer-term loans, You can borrow the funds for up to five years and pay it back in equal instalments each month.

You are able to repay the amount early at any time, and this will also save you money on interest. If you can not repay your Colorado payday loan on time, interest may be added. Finding yourself unable to repay your loan on time could also have an effect on your credit score. 

You can send a request for a Colorado payday loan online with Pheabs. There is no fee for using the service, and it takes a matter of minutes. Once you have told us how much you are looking to land and your repayment terms, we work with lenders across Colorado to come up with options for you.

Banks can take up to weeks to come to a decision and often take credit scores into account when reviewing a personal loan. If your request isn’t approved, you’ve wasted time and effort, and still don’t have the cash you need. Our results come back almost instantly to help you get a running start at getting your finances under control. Requesting a payday loan won’t impact your credit rating.

Maximum Loan Amount$100-$500
Maximum Loan Term180 Days
APR36% APR maximum
Bad Credit Accepted?Yes, most have minimum credit score requirement of 560
Same Day ApprovalYes
Are Payday Loans Legal?Yes

A Payday loan in Colorado could be right for you if you fall below the water and cannot make it until your next paycheck. If you need same day funding to pay for one-off bills or unforeseen charges, a payday loan may be the quickest way to get cash into your account. 

In order to get a payday loan in Colorado, you are required to be a U.S. resident, over the age of 18. You also need to have a job with a steady income, earning at least $800 per month. It is also necessary to have a live checking account that your Texas payday loan can be deposited into. Colorado payday loans are meant to assist those who have a stable job in urgent cases of cash emergencies. Payday loans are not designed to be used for shopping or frivolous spending and should not be used to make repayments on other loans.


You can still get a payday loan in Colorado with a bad credit score. Pheabs is willing to accept all credit histories so you should still enquire with us even if you have already been turned down by a bank because of bad credit. A payday loan may be your best bet at getting back on top of your finances and getting better credit

Pheabs makes receiving a payday loan very quick! Just fill out the form online, and you’ll receive an instant decision from lenders across Colorado. If you are accepted, you will find the money in your account the very same day. You could receive a fast cash loan in as little as one hour. 

colorado springs

With Pheabs, customers can search for loans ranging from $100 to $35,000, with repayment periods lasting a maximum of five years. Once you click on “Get Started”, you’ll be taken to our form which asks a few simple questions — including the loan amount you wish to borrow and how long for. We’ll also ask for a few of your personal details, including your income, your expenditure and information regarding your employment.

Once you’ve provided Pheabs with all the relevant details, we’ll then search through our panel of trusted lenders and find the right one for you and your borrowing needs. We’re a broker, not a lender. This means that if approved, the funds from the loan won’t come directly from us, but rather from the lender we connect you to. 

There are a few tips to make your loan request for a payday loan in Colorado even faster! We recommend you check if you are eligible before sending a request. The best time to inquire is during work hours, as this is when most loans are funded. You should also try to avoid national holidays for a speedier response.

It also helps to have all your details ready to go when filling out the form, so keep your bank details on hand. Once you’ve made your request, don’t head out shopping or to the gym! You’re best to stay close to the phone or email for any follow-up questions and remain available to respond.

We can help find the best payday loans for you anywhere within the state of Colorado.

How Much Can I Borrow?

The maximum amount you can borrow with a payday loan in Colorado is $500 depending on factors such as your income, credit score and employment status. At Pheabs, we have additional products to allow you to borrow beyond this and as much as $5,000 or $10,000 in the form of installment loans or using other forms of collateral such as a title car loan.

How Do I Make Loan Repayments?

Your loan repayments are made automatically via your bank account on the scheduled repayment date you have confirmed with you and the lender. You will receive an email and SMS reminder on the days leading up to each collection and the lender will use a system known as ACH authorization to automatically collect the funds so you do not have to make a manual payment, go to the bank or call up over the phone.

Are Payday Loans Legal in Colorado?

Yes, payday loans are legal in Colorado but there are price caps and regulations in place to protect consumers and you will never be charged more than 36% APR. At Pheabs, we work with a range of lenders across the whole of the US and may be able to accommodate you with different products based on your loan amount and credit score.

How Long Can I Borrow For?

Payday loans typically last around 2 to 4 weeks since they are repaid in full on your next payday from work. However, there are various products we offer that stretch to 3,6 or 12 months, often repaid in equal installments. For some personal loans we offer, you can borrow for as long as 5 years.

What Are The Eligibility Requirements?
  • Age — you must be over 18 years old.
  • Citizenship — you must be a U.S. citizen.
  • Income — you must have a steady income ($800 a month minimum).
  • Checking account — you will need a checking account for the funds to be deposited in.
Can I Cancel My Loan Application?

Yes, you can cancel your loan application at any point. If you are approved and funded, you have 24-48 hours to cancel and you will not be charged any interest.

Even if your loan is a 30 day loan and you decide to cancel early, you can simply pay off the interest for the number of days that it has been open, which will make it cheaper (e.g 12 days or 20 days of interest).