Are title loans legal in Colorado? No. The Colorado Uniform Consumer Credit Code (C.R.S. sec. 5-1-301(47)) caps the cost of a loan secured by a vehicle title (for a supervised loan the finance charge may not exceed the greater of (a) 36 percent per year on the unpaid balance up to $1,000, 21 percent on the part over $1,000 up to $3,000, and 15 percent on the part over $3,000). Loans Inc does not connect Colorado residents with title lenders. This page explains what the law says, how to check a lender, and where Colorado residents can turn instead.
Title loans in Colorado at a glance
| Title loans available through Loans Inc | No |
|---|---|
| Legal status | No title-loan statute; consumer-loan rate cap applies |
| Governing law | Colorado Uniform Consumer Credit Code, C.R.S. sec. 5-1-301(47) |
| Rate cap | For a supervised loan the finance charge may not exceed the greater of (a) 36 percent per year on the unpaid balance up to $1,000, 21 percent on the part over $1,000 up to $3,000, and 15 percent on the part over $3,000 |
| Regulator | Colorado Attorney General / Department of Law, Consumer Credit Unit |
| Last reviewed | 15 September 2026 |
Checked against the primary sources listed at the end of this page on 15 September 2026.
Why title loans are not offered in Colorado
The Colorado Uniform Consumer Credit Code (C.R.S. sec. 5-1-301(47)) caps the cost of a loan secured by a vehicle title (for a supervised loan the finance charge may not exceed the greater of (a) 36 percent per year on the unpaid balance up to $1,000, 21 percent on the part over $1,000 up to $3,000, and 15 percent on the part over $3,000).
Sec. 5-2-201(2): for a supervised loan the finance charge may not exceed the greater of (a) 36 percent per year on the unpaid balance up to $1,000, 21 percent on the part over $1,000 up to $3,000, and 15 percent on the part over $3,000, or (b) 21 percent per year on the unpaid balance; (7) minimum loan finance charge up to $25. Sec. 5-2-214 alternative charges for loans of $1,000 or less (8 percent acquisition charge plus monthly handling charge of $8.50-$17.50) are unavailable for title-secured loans because (7) ‘A lender shall not take collateral from a consumer as security for payment for any loan made pursuant to this section’. Sec. 5-3.1-105 (deferred deposit/payday loans only): APR not to exceed 36 percent (Proposition 111, effective Feb. 1, 2019).
The operative language in the statute reads: “’Supervised loan’ means a consumer loan, including a loan made pursuant to a revolving credit account, in which the rate of the finance charge exceeds twelve percent per year”
Recent change: HB 23-1229 (L. 2023, ch. 375): sec. 5-1-301 amended effective July 1, 2024 (a definition deleted); sec. 5-2-214 subsections (1), (2), (3), (5) and (8) amended and (5.5) (loan application, proof of income, 25 percent-of-income safe harbor) added effective Jan. 1, 2024, subsection (4) repealed Jan. 1, 2024; the section immediately preceding sec. 5-2-214 was repealed and reenacted effective July 1, 2024. HB 23-1181 (ch. 425) added GAP-agreement provisions (sec. 5-2-202(1)(c.7)). Sec. 5-2-201 itself was last amended in 2003. AG opinions list includes ‘Pawnbrokers and Title Loans Administrative Opinion (8-31-1994)’ and ‘Collateral and Alternate Charge Installment Loans Administrative Opinion (1-4-2019)’; neither PDF could be fetched.
Separately, federal law caps the Military Annual Percentage Rate at 36% for active-duty service members and their dependents on most consumer credit, including title loans (Military Lending Act, 32 CFR Part 232).
What Colorado residents can do instead
Before you borrow against your car, compare lower-cost options available to Colorado residents. Federal credit unions can offer payday alternative loans with capped rates; use the NCUA credit union locator to find one near you. Dial 211 or visit 211.org for local emergency assistance programs. Nonprofit counselors listed by the National Foundation for Credit Counseling can help with a repayment plan. Our guide to title loan alternatives compares each option and when it costs less.
How to check a lender or file a complaint in Colorado
Consumer lenders in Colorado are supervised by the Colorado Attorney General / Department of Law, Consumer Credit Unit. You can check whether a lender holds a current license through the regulator’s license lookup. Complaints about a lender go to the regulator and can also be filed with the Consumer Financial Protection Bureau.
A lender that offers Colorado residents a title loan at a cost above what state law allows may be operating unlawfully. A title loan is secured by your vehicle. If you do not repay according to the loan agreement, the lender may repossess your vehicle. Late or missed payments may be reported and may affect your credit.
Frequently asked questions
Are title loans legal in Colorado?
No. The Colorado Uniform Consumer Credit Code (C.R.S. sec. 5-1-301(47)) caps the cost of a loan secured by a vehicle title (for a supervised loan the finance charge may not exceed the greater of (a) 36 percent per year on the unpaid balance up to $1,000, 21 percent on the part over $1,000 up to $3,000, and 15 percent on the part over $3,000).
Can I get a title loan online in Colorado from an out-of-state lender?
Colorado law applies to loans made to Colorado residents. A lender offering a title loan to a Colorado resident at a cost above the state limit may be operating unlawfully; check the lender with the Colorado Attorney General / Department of Law, Consumer Credit Unit before you sign.
What can I do instead of a title loan in Colorado?
Credit union loans, payday alternative loans, local assistance programs reached through 211, and nonprofit credit counseling are usually cheaper. See our guide to title loan alternatives.
Does Loans Inc make loans in Colorado?
Loans Inc is not a lender. We connect consumers with participating independent lenders. We do not make credit decisions, set rates, or determine loan terms. We do not connect Colorado residents with title lenders.
Sources
- Colorado Uniform Consumer Credit Code, C.R.S. sec. 5-1-301(47). Accessed 15 September 2026.
- Colorado Attorney General / Department of Law, Consumer Credit Unit. Accessed 15 September 2026.
- Colorado license lookup. Accessed 15 September 2026.
- coag.gov/office-sections/consumer-protection/consumer-credit-unit/unif. Accessed 15 September 2026.
- coag.gov/licensing/uniform-consumer-credit-code/. Accessed 15 September 2026.
- Military Lending Act regulation, 32 CFR Part 232 (eCFR). Accessed 15 September 2026.
- Consumer Financial Protection Bureau, submit a complaint. Accessed 15 September 2026.
- National Credit Union Administration, credit union locator. Accessed 15 September 2026.
- 211, local assistance programs. Accessed 15 September 2026.
- National Foundation for Credit Counseling. Accessed 15 September 2026.
Loans Inc is not a lender and does not make loans in any state. The information on this page is drawn from the sources listed below and is provided for general education. The lender you are matched with is responsible for complying with the laws of your state. Last reviewed 15 September 2026 by the Loans Inc Editorial Team. Next review due March 2027.
What to Know Before You Apply
- Who we are: Loans Inc is not a lender. We connect consumers with participating independent lenders. We do not make credit decisions, set rates, or determine loan terms.
- Vehicle risk: A title loan is secured by your vehicle. If you do not repay according to the loan agreement, the lender may repossess your vehicle. Late or missed payments may be reported and may affect your credit.
- Cost: Rates, fees, and repayment terms are set by the lender you are matched with and vary by state. Before you sign, the lender will give you a full written disclosure of the APR, fees, payment schedule, and total cost. Loans Inc does not set or guarantee any loan terms.
- Funding: Many lenders in our network can fund approved loans as soon as the same business day. Timing depends on the lender's approval, when you apply, document verification, and your bank's processing.
- Other options: Lower-cost options may be available. Compare them in our guide to title loan alternatives.
- Your information: When you apply, your application is sent to participating lenders. Read how our matching service works and the difference between a direct lender, a broker, and a lead generator.
Loans, Inc · 495 N IL Route 21, Ste 111, Gurnee, IL 60031 · 847-558-2405 · customersupport@loansinc.com