Cash Advance of America

by Larry Patrick

WALSENBURG- The grand opening of Cash Advance of America’s Walsenburg office is going to be held next Tues. Feb. 26 at their location of 340 W. 7th Street. This is the third office opened by the company. They have offices located in La Junta and Trinidad. You can stop into their office between now and Tuesday to register for prizes to be given away. The drawings will begin Tuesday at 2 p.m. The Huerfano County Chamber of Commerce will have a ribbon cutting at 4:30. Cookies and refreshments will be served.

Cash Advance of America offers payday loans to assist people when they need cash before their next paycheck. Such companies have sprung up all over the country in the past decade. To use their services, you get the cash you need, up to $500 per pay period, up front, and write out a check for the amount plus interest to be cashed on your next payday. To get the opportunity to use the services, a person simply needs to fill out an application, present 2 pieces of identification, and proof of income. This can be done with a check stub or tax return. You must also have a checking account that is used as collateral for your loan.

The manager is Brenda Hill of Trinidad. Salina Martinez is the assistant manager that works at the Walsenburg branch. Martinez says the loans offer relief for someone needing some cash right away to pay unexpected bills or handle emergencies. It can also help avoid bounced check fees at banks which may often have higher penalties than the interest charged for the payday loans, depending on the amount borrowed.

Cash Advance of America also offers other services. They can help you pay your bills on-line to over 3,000 different companies. There is a fee for this service but it also can help you avoid finance charges on late payments that would go through the mail. Many on-line payments can be posted within 24 hours. You can save on postage too. Pre-paid phone cards and Mastercard accounts are also available to qualified applicants. For information about their services, you can stop in or call their office at 719-738-1664. You can also e-mail them at cashadvanceofamerica@qwest.net.

Cash Advance of America urges you to stop in to register for prizes and find out more about their services. You may not need them right away but it’s nice to know you have a solution to possible financial surprises that could come your way down the road.