Voters capped all-in costs at 36% APR back in 2018.
What a Cash Advance Costs in Colorado
Colorado's Proposition 111, approved by voters in 2018, caps the total cost of a payday-style cash advance — principal, interest, and fees combined — at 36% APR.
Loan Size, Term, and Renewal Rules
That ceiling reshaped the state's short-term lending market toward longer-term installment structures priced within the cap.
| Factor | Rule |
|---|---|
| Rate cap | 36% APR, all-in |
| Established | Proposition 111, 2018 |
Verify current rules with the Colorado Division of Financial Services before applying with any lender — this summary is for general information only, not legal advice.
Comparing Your Options in Colorado
CashAdvantage only routes applications to lenders licensed in your state, so you're never matched with a product that isn't actually legal where you live.
See what a Colorado cash advance actually costs you.
Check My Options →