Colorado Payday Loan Laws
 | Max Term of Payday Loan: | 40 days | | Max Fees and Finance Charges: | 20%: $0-$300 + 7.5%: $301-$500 | | Maximum Loan Amount: | $500 | | Number of Rollovers: | One (renewal) | | Outstanding loans allowed at one time: | One | | Cool-off period: | Not specified | | Military Protection: | Not specified | | Payment Plan: | Not specified | | Limits on collection and presentment: | Not specified | | Collection fees: | One $25 NSF fee; Court costs; Reasonable Attorney's fee (not to exceed loan amount) | | Presentment Limit: | Not specified | | Penalties: | Civil Fines, Suspension or revocations of license; Cease and Desist Order; Criminal | | Private right of action: | Yes |
Colorado Payday Loan Laws:
Only one loan per borrower at a time.
| Payday Loan Laws: |
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