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Consider a secured credit card: If you have a poor credit score, you may have a difficult time getting approved for a traditional credit card. It's important to note that payday loans can be very expensive and should only be used as a last resort.

More flexible repayment terms: Credit unions may be more willing to work with you to find a repayment schedule that fits your needs and budget. Payday loans can have annual percentage rates (APRs) of up to 400% or higher, while the colorado APR on a credit card cash advance is typically around 25% or higher. Personal loans may have fixed or variable interest rates, and they may be offered with different repayment terms, such as monthly payments over a period of several years.