Home›State rule guide›Colorado Payday Loans: 36% Cap, $500 Statutory Limit & Current Supply Check

State rule guide

Colorado Payday Loans: 36% Cap, $500 Statutory Limit & Current Supply Check

Review Colorado Payday Loans: 36% Cap, $500 Statutory Limit with availability, limits, costs, licensing checks, repayment rules and alternatives.

Check available options →Read the guide

✓Availability✓Limits✓Licensing

Check the actual providerConfirm who makes the credit decision.

Normalize the costCompare fees, APR, total due and dates.

Stress-test repaymentProtect essential cash after the payment.

Complete guide

Answers, tradeoffs and next steps

Use the sections below to evaluate fit, not to predict approval.

State-specific decision hinge

Colorado’s page has two gates: legal rule and actual market supply. A statutory payday framework is not enough to invent a lender card when the state’s own study says the market shifted away from deferred-deposit loans.

Current state rule table

State field	Current rule
Deferred-deposit APR cap	36% under the voter-approved payday protection
Maximum amount	$500 under the deferred-deposit statute
Rescission	Next-business-day rescission appears in the statutory framework
Market structure	Colorado AG study reports many lenders ceased deferred-deposit lending and shifted to alternative-charge loans after Proposition 111
2026 enforcement	Colorado AG filed an Aug. 27, 2026 lawsuit alleging high-cost payday-law violations by EarnIn

Product scenario

A hypothetical $500 offer is displayed only if a current licensed deferred-deposit provider is verified and the all-in APR fits the 36% cap. Otherwise the page routes to licensed alternative-charge/supervised-loan options.

Interactive decision tool

State range checker

Test the requested amount against the rule summarized on this page.

1Enter→2Compare→3Verify

Amount requested$Rule maximum shown here$

Illustrative resultEnter your numbers

Provider terms and current state requirements control any offer.

Decision infographic

From state rule to final provider check

A statutory ceiling is not an approval amount.

StartState ruleProduct status and maximum.

ThenOpen loansDatabase or provider verification.

ResultEligible rangeProvider confirms the amount.

What controls the decision

State ruleApply

Open loansVerify

ProviderConfirm

3/3

Ready to compare

Inputs, provider disclosure and repayment fit must agree.

Three gates before you continue

1Lawful routeProduct allowed in the state?
2Amount checkWithin the state framework?
3Database checkOutstanding obligations verified?

Continue the guide

Apply the result to this decision

Use the remaining checks before moving to a provider form.

If the state/product check fails

Do not suggest an unlicensed online lender or an out-of-state workaround.
Route to a lawful bank / credit union / personal / installment / PAL alternative where applicable.
If repayment is the existing problem, show hardship / repayment-plan / complaint routes before new credit.
If the proposed payment erases the cash buffer, lower the amount or return a no-borrow outcome.

Product objections / FAQ

Does a legal state maximum mean I should borrow that much? No. Legal availability and personal affordability are separate decisions. Are online lenders exempt from state law? Payday Hex does not treat online delivery as a workaround for state licensing/rate rules. How current is this page? State/legal sources were checked on 6 Sep 2026; volatile provider availability and any legal changes must be refreshed at publication.

Quick comparison

What the product page must answer

Decision	Look for	Stop if
Availability	State eligibility and provider identity	The creditor or license path is unclear
Cost	Amount received, required fees, APR and total repayment	Only the payment size is shown
Timing	Decision, release and bank-posting stages	“Instant” is presented as guaranteed
Repayment	Exact dates, method and late-payment consequences	The payment reopens the same cash gap

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Related guides and tools

6 focused pages, each with a separate canonical job.

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