Good to excellent credit
American Express
- Credit profile
- Excellent
- APR range
- 6.99% – 19.99%
- Loan amount
- $3,500 – $40,000
Personal finance / CO
Personal loans, banking, insurance, and debt help in Colorado
Coloradans take out personal loans mainly to consolidate credit card debt, cover car repairs or medical bills, finance home improvements, or pay for weddings and moves, with most loans unsecured.
23lenders in the dataset
COstate guide
$1,802/yraverage homeowners premium in dataset
51jurisdictions in the dataset
01 / Personal loans
Personal loans in Colorado
Coloradans take out personal loans mainly to consolidate credit card debt, cover car repairs or medical bills, finance home improvements, or pay for weddings and moves, with most loans unsecured.
Interest-rate law
Colorado's Uniform Consumer Credit Code (UCCC) sets a closed-end consumer loan cap that's either a flat 21%, or a graduated schedule of 36% on the first $1,000, 21% on $1,000-$3,000, and 15% above $3,000 (lender's choice), covering loans up to $75,000. In 2023 Colorado opted out of federal rate-exportation rules for state-chartered banks (HB23-1229), upheld by the 10th Circuit in November 2025.
| Loan range | Rate | Statute |
|---|---|---|
| First $1,000 | 36% (graduated schedule) | Colorado UCCC |
| $1,000 to $3,000 | 21% (graduated schedule) | Colorado UCCC |
| Above $3,000 (up to $75,000) | 15% (graduated schedule) | Colorado UCCC |
| Alternative flat option | 21% flat | Colorado UCCC |
Lender complaints: Colorado Attorney General's Office (Uniform Consumer Credit Code)
02 / Lender directory
Lenders by credit profile
Good to excellent credit
Axos Bank
- Credit profile
- Excellent
- APR range
- 11.79% – 20.84%
- Loan amount
- $7,000 – $50,000
Good to excellent credit
Citi
- Credit profile
- Good - Excellent
- APR range
- 9.99% – 17.49%
- Loan amount
- $2,000 – $30,000
Good to excellent credit
Discover
- Credit profile
- Good - Excellent
- APR range
- 6.99% – 24.99%
- Loan amount
- $2,500 – $40,000
Good to excellent credit
Happy Money
- Credit profile
- Good
- APR range
- 7.95% – 35.99%
- Loan amount
- $5,000 – $50,000
Good to excellent credit
Huntington Bank
- Credit profile
- Not specified
- APR range
- 8.47% – 25%
- Loan amount
- $0 – $50,000
Good to excellent credit
KeyBank
- Credit profile
- Not specified
- APR range
- 8.99% – 22.99%
- Loan amount
- $2,000 – $100,000
Good to excellent credit
LightStream
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.39%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
PenFed
- Credit profile
- Good
- APR range
- 7.99% – 17.99%
- Loan amount
- $500 – $50,000
Good to excellent credit
PNC Bank
- Credit profile
- Not specified
- APR range
- 7.89% – 24.99%
- Loan amount
- $1,000 – $35,000
Good to excellent credit
Prosper
- Credit profile
- Good
- APR range
- 8.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Good to excellent credit
Rocket Loans
- Credit profile
- Good
- APR range
- 8.01% – 29.99%
- Loan amount
- $2,000 – $45,000
Good to excellent credit
SoFi
- Credit profile
- Good - Excellent
- APR range
- 8.74% – 35.99%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
USAA
- Credit profile
- Good - Excellent
- APR range
- 9.89% – 18.51%
- Loan amount
- $2,500 – $100,000
Good to excellent credit
US Bank
- Credit profile
- Not specified
- APR range
- 8.74% – 24.99%
- Loan amount
- $1,000 – $50,000
Good to excellent credit
Wells Fargo
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.99%
- Loan amount
- $3,000 – $100,000
Fair credit
Avant
- Credit profile
- Poor to Good
- APR range
- 9.95% – 35.99%
- Loan amount
- $2,000 – $35,000
Fair credit
Best Egg
- Credit profile
- Fair
- APR range
- 6.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Fair credit
Happen Bank (formerly LendingClub)
- Credit profile
- Fair
- APR range
- 7.04% – 35.99%
- Loan amount
- $1,000 – $60,000
Fair credit
LendingPoint
- Credit profile
- Fair
- APR range
- 7.99% – 35.99%
- Loan amount
- $1,000 – $36,500
Fair credit
Navy Federal Credit Union
- Credit profile
- Fair - Excellent
- APR range
- 8.74% – 18%
- Loan amount
- $250 – $50,000
Fair credit
Upgrade
- Credit profile
- Fair
- APR range
- 7.74% – 35.99%
- Loan amount
- $1,000 – $50,000
Fair credit
Upstart
- Credit profile
- Fair
- APR range
- 6.20% – 35.99%
- Loan amount
- $1,000 – $75,000
03 / Debt consolidation
Debt consolidation
Colorado's UCCC caps most personal loans on a graduated schedule that runs from 36% down to 15% as the balance rises, so a debt consolidation loan should land well under whatever tier applies; Colorado's restrictions on bank-partner lenders may also mean lower rates here than the same lender charges elsewhere.
04 / Banking and credit unions
Banking in Colorado
National banks offer scale and convenience, while regional and Colorado-based banks compete on relationship banking and faster local decisions.
Banks listed
- Wells FargoNational bank.
- ChaseNational bank.
- US BankNational bank, headquartered in Minneapolis, MN.
- PNC Bank (formerly FirstBank)PNC acquired Colorado's FirstBank, with the acquisition closing in January 2026.
- Bank of AmericaNational bank.
- KeyBankHeadquartered in Cleveland, OH.
- Vectra BankHeadquartered in Denver, CO.
Credit unions
Colorado's credit unions are member-owned, not-for-profit institutions offering lower rates and fees than banks, built on a distinctly military-and-aerospace foundation layered over state-employee roots.
Colorado credit unions posted median membership growth of about -0.4% year over year (Q4 2025 NCUA data), close to the national median of about -0.5%, with notably strong median asset growth (about 4.0%).
Ent Credit Union traces to Ent Air Force Base and Peterson Field in Colorado Springs, chartered in 1957; Air Academy Credit Union grew out of the newly established U.S. Air Force Academy, chartered in 1955; Credit Union of Colorado began in 1934 as the Colorado State Employees Credit Union. In 2026, Ent Credit Union merged with Minnesota-based Wings Credit Union to form a new multi-state institution headquartered in Colorado Springs.
Federally insured credit union deposits are protected up to $250,000 through the National Credit Union Share Insurance Fund.
Credit unions listed
05 / Debt settlement
Debt settlement
Legal and regulated more thoroughly than most states through the Uniform Debt-Management Services Act (UDMSA). Providers must register with the Administrator within the Colorado Attorney General's office and comply with a 30%-of-savings fee cap, maintain a trust account, post a surety bond, provide disclosures, and offer a cancellation right.
Companies listed in the dataset
06 / Insurance
Colorado insurance
Regulator
Colorado Division of Insurance
Insurance regulator websiteAuto insurance
25/50/15
Colorado requires liability insurance with minimum limits of $25,000 per person and $50,000 per accident for bodily injury liability, plus $15,000 for property damage liability.
Homeowners and renters
$1,802/yr
- State requirement
- No
- National homeowners average
- $1,337/yr
- Renters average
- $159/yr
Colorado carries significant exposure to wildfires along the Front Range and foothills, along with hail, which is common enough on the Eastern Plains that Colorado regularly ranks among the highest hail-claim states.
07 / Questions
Colorado FAQs
How do I file a complaint against a lender in Colorado?
Contact the Colorado Attorney General's Office (Uniform Consumer Credit Code), which administers the UCCC and handles complaints about personal loan lenders.
How do I file a complaint against my insurance company in Colorado?
File with the Colorado Division of Insurance.
What's the maximum interest rate a lender can legally charge on a personal loan in Colorado?
The UCCC caps most personal loans on a graduated schedule: 36% on the first $1,000, 21% on $1,000-$3,000, and 15% above $3,000, up to $75,000; lenders can alternatively choose a flat 21% cap.
What credit score do I need for a personal loan in Colorado?
It depends on the lender. Banks and credit unions typically want a FICO score of 700+, online FinTech lenders work with fair credit (low-to-mid 600s), and some lenders serve poor or limited credit at significantly higher APRs.
Are payday loans legal in Colorado, and are there caps on fees or loan amounts?
Effectively capped out of existence. Proposition 111 (2018) capped payday loan charges at 36% APR and eliminated origination/maintenance fees, effective February 1, 2019. A 2023 law (HB23-1229) closed workarounds and extended rate limits to out-of-state, state-chartered banks.
How long can a debt collector legally pursue an unpaid debt in Colorado before the statute of limitations runs out?
Colorado gives creditors 6 years to sue on most debts including personal loans and credit cards (C.R.S. § 13-80-103.5), with a shorter 3-year window for certain breach-of-contract actions (C.R.S. § 13-80-101).
What's the difference between a debt consolidation loan and debt settlement for someone living in Colorado?
A debt consolidation loan pays creditors in full with new borrowed money at a lower rate; credit recovers quickly. Debt settlement negotiates a reduced payoff but damages credit and may create taxable forgiven income. Colorado regulates debt settlement under the UDMSA including a 30%-of-savings fee cap, a stronger protection than many states offer.
