Personal loans in Severance, CO
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Severance, CO.
The median household in Severance earns $124,572 a year, 30% above the Colorado median of $95,470. About 5% of residents live below the federal poverty line, and 8.4% of households rent their home.
Colorado law that applies in Severance
| Rate cap | Supervised (licensed) lenders may charge either up to 21% a year, or tiered rates of 36% on the first $1,000, 21% on $1,000 to $3,000, and 15% above $3,000. |
|---|---|
| License required | Yes. |
| Loan sizes covered | UCCC 'consumer loans' exclude loans over $75,000 not secured by real estate. |
Full rules with statute citations: Personal Loans in Colorado. Cities in Colorado cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Severance
Lenders that serve Severance typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Severance
What Severance borrowers use it for
pay a doctor, dentist or pharmacy bill now
Emergencieshandle the unexpected the same week
Car repairskeep getting to work while the shop fixes it
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
How to get a personal loan in Severance
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Severance
1 FDIC-insured bank branches from 1 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| TBK BANK, SSB | 1 | 399 W 4th Ave, Severance 80550 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Weld County
14 credit-union locations from 9 credit unions.
| Credit union | Location |
|---|---|
| Blue | 2080 Village Vista Drive, Erie 80516 |
| Wings | 11211 E I25 Frontage Rd, Firestone 80504 |
| Security Service | 1220 9Th Ave, Greeley 80631 |
| Bellco | 680 Commons Dr, Erie 80516 |
| Canvas | 3532 W 10Th St Unit B, Greeley 80634 |
| Meritrust | 8080 Colorado Blvd, Firestone 80504 |
| Credit Union Of Colorado, A | 2505 11Th Ave, Greeley 80631 |
| Weld Community | 2555 47Th Ave, Greeley 80634 |
| Northern Colorado | 2901 S 27Th Ave, Greeley 80631 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Weld County ·
Frequently asked questions
Can I get a personal loan with bad credit in Severance?
Possibly. Lenders in our network consider applicants with fair and bad credit across Colorado, including Severance. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Severance, CO?
Supervised lenders: 21%, or tiered 36%/21%/15%; unlicensed lenders capped at 12%.
How fast can I get a personal loan in Severance?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
Are personal loans bad for your credit?
Not necessarily. Checking offers often uses a soft inquiry that doesn't affect your score, though a lender may do a hard pull before final approval. Once you have the loan, on-time payments can help build your credit history, especially with lenders that report to the major bureaus, while missed payments can lower your score. Severance residents can see their options in about 3 minutes.
How can I get an emergency loan in Severance?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
How long does it take to get a personal loan in Severance?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Severance.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
How do installment loans work in Severance?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Severance residents can see installment loan offers with our free 3-minute form.
Do I need to visit a store in Severance?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.