Permitted Regulated Verified 2026-09-06 · ver. 0.2.3 How we verify these rules

Installment Loans in Colorado

Colorado installment lending is governed by the UCCC supervised-loan framework. Within PLS Cash Advance’s $500–$5,000 routing range, ordinary supervised loans can use statutory tiered rates or a 21% whole-balance alternative, while a separate small-installment alternative-charge structure exists for qualifying smaller loans.

Colorado legal category: Supervised Consumer Loan · Colorado Uniform Consumer Credit Code, including C.R.S. §§5-2-201 and 5-2-214

Colorado installment loans at a glance

Legal status
Permitted Regulated
Legal category
Supervised Consumer Loan
Rule structure
2 encoded variants
Amount / term
Varies by statutory variant
Regulator
Colorado Attorney General — Consumer Credit Unit
Verified
2026-09-06

Choose a loan type by amount

PLS Cash Advance currently presents request amounts from $200 to $5,000. The ranges below are navigation guidance between our state loan guides — not statutory limits, eligibility rules, or a promise of approval.

$200–$500

Payday Loans in Colorado

Preferred routing for Colorado deferred-deposit loans. State law caps principal at $500 and requires a minimum six-month term.

See Payday Loans

$500–$5,000 Current guide

Installment Loans in Colorado

Preferred routing above the $500 deferred-deposit ceiling. Colorado supervised-loan law is broader than the site’s $5,000 selector maximum.

Amount and term limits

Colorado’s supervised-loan framework is broader than the current PLS Cash Advance selector. This guide focuses on the $500–$5,000 routing range and does not treat $5,000 as a statutory maximum.

The UCCC does not impose one universal term for every supervised installment loan in the $500–$5,000 range. Small alternative-charge loans have their own term and installment rules, while ordinary supervised loans use the contract subject to the UCCC.

Interest, fees and repayment

For ordinary supervised loans, the UCCC permits the greater of either a tiered actuarial rate of 36% on the first $1,000 of unpaid balance, 21% on the portion above $1,000 through $3,000, and 15% above $3,000, or 21% per year on the whole unpaid balance.

Colorado also permits a separate alternative-charge structure for certain small installment loans, with an acquisition charge and monthly handling charges subject to statutory limits. That structure is distinct from the ordinary supervised-loan rate method.

Repayment depends on the supervised-loan structure. Colorado’s separate small-installment alternative-charge regime requires substantially equal installments, while ordinary supervised loans follow the applicable UCCC contract rules.

Principal bandMaximum annual interest rate
$0–$1,000 36%
$1,000–$3,000 21%
Over $3,000 15%

Rollovers, refinancing and early payment

Rollover allowed?
Not reduced to a yes/no rule
The supervised-loan framework uses refinancing rules rather than a payday-style rollover concept, so this page does not reduce refinancing to one yes/no field.
Prepayment penalty allowed?
No
Colorado UCCC consumer-loan provisions generally permit prepayment without penalty; the exact refund/charge treatment depends on the loan structure.

Colorado borrower protections

  • The Colorado UCCC sets maximum rates and charges and requires cost-of-credit disclosures.
  • A supervised lender generally needs a Colorado Supervised Lender license.
  • Ordinary supervised-loan finance charges are limited by the statutory rate alternatives.
  • Colorado also regulates a separate small-installment alternative-charge structure rather than allowing unlimited add-on fees.
  • Consumers can search Colorado Consumer Credit Unit license-holder reports.

Colorado loan cost calculator

Why there is no single statutory calculator: Colorado supports more than one supervised-loan pricing method: an ordinary rate structure with an alternative 21% whole-balance ceiling and a separate small-loan alternative-charge regime. A single calculator would incorrectly collapse those paths.

How to verify a lender in Colorado

Regulator: Colorado Attorney General — Consumer Credit Unit.

Colorado Supervised Lender license when the loan meets the supervised-loan definition, unless an exemption applies

Verify a lender license

Official sources

  1. Colorado Attorney General — UCCC Consumer Information · primary
  2. Colorado Attorney General — UCCC Licensing & Notification · primary
  3. Colorado Revised Statutes Title 5 — Supervised Loan finance-charge provisions · primary
  4. Colorado Attorney General — Consumer Lending Study · primary
  5. Colorado Attorney General — UCCC License Holder Reports · primary

Last regulatory verification: 2026-09-06. Laws can change; verify current terms and lender status before borrowing. Read our research methodology.