Cash
Overview
Payday Loans in Colorado
Cash Day USA helps thousands of Colorado residents get emergency cash for their urgent expenses. Payday loans in Colorado are legal but regulated under the Colorado Uniform Consumer Credit Code (UCCC). State law caps the APR at 36% and requires a minimum repayment period of 6 months, giving borrowers more time and lower costs compared to traditional payday loans in other states.
What You Need
What Do You Need to Apply?
Here is what we ask for to verify your loan eligibility in Colorado:
✓
18 years of age or older✓
Valid US-issued photo ID✓
Social Security Number or ITIN✓
Active bank account with routing number✓
Email and phone number✓
Proof of Colorado residency✓
Proof of steady income
How It Works
How to Get a Payday Loan in Colorado
Applying through Cash Day USA is a quick, simple, and secure process:
1
Submit Your Application
Fill out an easy online form or visit our nearest Colorado location. It takes about 5 minutes with no lengthy paperwork required.
2
Receive a Loan Decision
Applications are reviewed in minutes. We assess your income and repayment ability — no hard credit check required. You'll know if you qualify almost instantly.
3
Get the Funds
Upon approval, the money is deposited directly into your bank account the same day or next business day. In-store applicants can receive cash immediately.
*Loans originated before 10:30 AM on weekdays are typically funded the same day. Applications after 10:30 AM or on weekends are processed on the next banking day.
Rates & Terms
Colorado Rates & Terms
Payday loans in Colorado are governed by the Colorado Uniform Consumer Credit Code (UCCC). Colorado law caps the annual percentage rate at 36% and requires a minimum loan term of 6 months. There is also an origination fee capped at 20% of the first $300 plus 7.5% of any amount above $300, and a monthly maintenance fee of up to $7.50 per $100 borrowed.
| Loan Amount | Finance Charge | Total Payment | APR (14-day) | APR (31-day) |
|---|---|---|---|---|
| $100 | $3.00/mo | $118 | 36% | 36% |
| $300 | $7.50/mo | $345 | 36% | 36% |
| $500 | $12.50/mo | $575 | 36% | 36% |
Consumer Protection
How Colorado Laws Protect You
Colorado law and state regulations are designed to give borrowers important protections:
APR is strictly capped at 36% annually by Colorado law.
Minimum repayment period of 6 months — no more predatory 14-day balloon payments.
Origination fee is capped at 20% of the first $300 borrowed plus 7.5% of any amount over $300.
Monthly maintenance fee cannot exceed $7.50 per $100 borrowed.
Borrowers have the right to rescind the loan within one business day with no penalty.
Lenders must be licensed under the UCCC and supervised by the Colorado Attorney General.
No criminal prosecution allowed for failure to repay a payday loan.
Why Choose Us
About Cash Day USA in Colorado
Cash Day USA is a licensed Colorado lender regulated under the UCCC. We have been helping Colorado residents access fast, affordable loans since 2019. Our team is committed to transparent pricing, fair terms, and exceptional customer service at every step.
⚠️ Customer Notice
Payday loans are designed for short-term financial needs only. The minimum loan term in Colorado is 6 months. Make sure you understand the total cost of your loan before signing. If you are struggling with ongoing debt, please seek credit counseling.
Get quick cash in Colorado today!
Apply online or visit one of our Colorado locations — it takes only minutes.
Apply Now
FAQ
Frequently Asked Questions
Are payday loans legal in Colorado?
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Yes, payday loans are legal in Colorado under the Uniform Consumer Credit Code (UCCC). However, the state imposes a 36% APR cap and requires a minimum loan term of 6 months to protect borrowers.
How much can I borrow with a payday loan in Colorado?
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Colorado state law caps payday loans at $500. Installment loans are available up to $5,000. The right amount for you depends on your income and repayment ability.
How fast can I get my money?
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Applications submitted before 10:30 AM on weekdays are typically funded the same day. Applications after 10:30 AM or on weekends are funded the next business day.
Can I get a payday loan in Colorado with bad credit?
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Yes. Cash Day USA does not perform a hard credit check. We assess your income, employment status, and ability to repay — making loans accessible even with bad or no credit.
What is the APR on Colorado payday loans?
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Colorado law caps the APR at 36% annually. This is one of the most protective caps in the country, making Colorado payday loans significantly more affordable than in many other states.
What if I cannot repay my loan on time?
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Contact your loan branch immediately to discuss options. Colorado law allows for extended payment plans. Late payments may result in NSF fees but no criminal prosecution is permitted for loan default.