Payday Loans in Colorado
Every payday loan in Colorado runs inside the same guardrails: a $500 cap, 6 months min, a $108 maximum fee on a $300 loan. What separates a good offer from a bad one is speed, disclosure, and the lender — which is exactly what the request form compares.
Cap $500 · 6 months min
What Colorado law allows
A $300 payday advance in Colorado carries up to $108.00 in fees — repay $408.00 (≈939% APR on the 14-day framing). The full statutory picture:
Same math on $500: $180.00 in fees, repay $680.00 — assuming the loan fits the cap.
Payday loans in Colorado by city
Local guides for the 20 largest Colorado markets — same statute, same caps, local context:
- Denver
- Colorado Springs
- Aurora
- Fort Collins
- Lakewood
- Thornton
- Arvada
- Westminster
- Pueblo
- Centennial
- Boulder
- Greeley
- Highlands Ranch
- Longmont
- Loveland
- Broomfield
- Grand Junction
- Castle Rock
- Commerce City
- Parker
How a Colorado payday loan works
- One form. Submit the request — email, name, amount. About two minutes, soft check, free to ask.
- Lenders review it. Those licensed to serve Colorado decide on your income and checking account — usually within minutes.
- Compare the disclosure. Whatever an offer says, the fee must fit the Colorado numbers in the table above — that is your legality check.
- Repay once, on payday. One debit on the agreed date — the fee is the entire cost. If the date is wrong, ask about the state's extended payment plan before the due date.
Frequently asked questions
How much can a payday loan in Colorado be?
The statute caps it at $500 per loan. Lenders cannot legally split one need into several tickets to evade the cap — and any offer above $500 is not a lawful Colorado payday loan.
What does a $300 payday loan cost in Colorado?
36% per $100 means a $300 loan carries up to $108.00 in fees — repay $408.00 on 6 months min. That works out to roughly 939% APR on the two-week framing.
How fast can I get a payday loan in Colorado?
Decisions arrive in minutes and funding moves by ACH: same business day when a lender approves you before its early-afternoon cutoff, otherwise the next business morning. Weekend applications fund on Monday.
What do I need to qualify in Colorado?
Three basics: verifiable depositable income, an active checking account in your name, and being 18+ with valid ID. Decisions key on income and account health rather than a credit score, and seeing offers uses a soft check.