Loans in Colorado: payday, personal & title loan laws (2026)
Payday Loans Not available
Colorado still authorizes "deferred deposit loans" of up to $500, but since Proposition 111 (2018) their charges are capped at 36% APR.
Personal Loans
Supervised lenders: 21%, or tiered 36%/21%/15%; unlicensed lenders capped at 12%.
Title Loans Limited
Colorado has no title-loan statute.
Colorado at a glance
Counties in Colorado
Cities in Colorado
Frequently asked questions
Are payday loans legal in Colorado?
Colorado still authorizes "deferred deposit loans" of up to $500, but since Proposition 111 (2018) their charges are capped at 36% APR. The Attorney General reports that lenders stopped making these loans after the cap took effect.
How much can you borrow with a payday loan in Colorado?
$500.
How much do payday loans cost in Colorado?
36% APR, all charges included.
Are title loans legal in Colorado?
Colorado has no title-loan statute. Non-bank consumer loans priced above 12% are "supervised loans" under the Uniform Consumer Credit Code and must follow its licensing rules and rate caps.
Is there a cap on personal loan interest rates in Colorado?
Supervised lenders: 21%, or tiered 36%/21%/15%; unlicensed lenders capped at 12%.
Do personal loan lenders need a license in Colorado?
Yes. A supervised lender license from the UCCC Administrator is needed to make consumer loans above 12%. The Administrator licenses non-bank lenders such as finance companies and payday lenders.