UCCC Licensing & Notification

The Colorado Uniform Consumer Credit Code (“UCCC”) is a state law that regulates the terms and conditions of consumer credit in the state of Colorado. This includes nonbank lenders, such as supervised lenders, retail sellers, finance companies, installment lenders, second mortgage companies, and rent-to-own companies.

Supervised Lender License Information

Pursuant to section 5-2-302(4) and (5), C.R.S, if a supervised lender has more than one place of business, they must obtain a master license. A separate application, license fee and proof of financial responsibility is required for each branch location.

License Applications

Financial Responsibility Forms

You may refer to this Guidance regarding surety bonds containing an electronic seal and electronic signatures. Please note this is not intended as an official interpretation or opinion letter.

Other Forms for Applicants and Licensees

For more information about fees, annual renewal dates, and other important legal information, use the arrows below to expand each section.

Supervised Lender License Fees

New License Application Fees

Master License	$ 1,100
Branch License	$ 1,100

The amount above of a new application includes a $100 surcharge for the Identity Theft and Financial Fraud Cash Fund required by section 24-33.5-1707(2)(b), C.R.S. Please pay the new application fee by check (subsequent renewal fees may be paid online).

Supervised Lender Important Renewal Dates

Renewal becomes available	Around May 1
Renewal due date	July 1 each year

If a licensee fails to file the renewal form and pay the appropriate renewal fees by July 1, its license automatically expires.

Licensees issued in 2023 expire on July 1, 2024. The Administrator may assess an additional fee in January 2024 to cover the direct and indirect costs of administering this section until renewals are due July 1, 2024.

Renewals take place via the Licensing portal each year.

Supervised Lender Important Annual Report Dates

Annual Report becomes available	Around mid-March each year
Annual Report due date	June 1 each year
Annual Report Deadline!	July 15 each year

If a licensee fails to submit the Annual Report and Proof of Financial Responsibility by July 15, their license will automatically expire!

Supervised Lender Important Change and Change Notification Requirements

Please report changes requiring notification to our office in writing. Below is a list of changes requiring notification. Please refer to the laws and rules, available on the right-hand side of this webpage, for more information.

Name and Address Changes

Pursuant to section 5-2-302(6), C.R.S., “No licensee shall change the location of any place of business or license without giving the administrator at least fifteen days prior written notice. The administrator may by rule promulgated in accordance with article 4 of title 24, C.R.S., establish an administrative fee for such a change of address.”

Pursuant to section 5-2-302(7)(a), C.R.S., “A licensee shall not engage in the business of making supervised loans at any place of business for which the licensee does not hold a license, nor shall a licensee engage in business under any other name than that in the license. The administrator may, by rule, establish an administrative fee for such a change of name. For the purposes of this subsection (7), a consumer insurance premium loan is made at the lender’s business office.”

Financial Responsibility

Financial responsibility requirements are laid out in section 5-2-302(2) and 5-2-304(2) of the Uniform Consumer Credit Code (UCCC) and Rule 9(b) of the UCCC Rules – 4 CCR 902-1.

Pursuant to section 5-2-303(1)(e), C.R.S., “The Administrator may deny an application for a license or take disciplinary action against a person licensed to make supervised loans if the administrator finds the applicant or licensee has failed to provide or maintain proof of financial responsibility.”

Ownership Changes

Changes regarding ownership and notification requirements are laid out in Rule 9(c) of the UCC Rules – 4 CCR-902-1.

Retail Sales, Sales Finance, and Rent-to-Own Notification Information

Pursuant to the UCCC, notification filers are required to provide and pay the notification fee(s) within 30 days after commencing business in Colorado, and thereafter, by July 1 each year.

The application for Retail Sales, Sales Finance, and Rent-to-Own notification filers is available online via the Licensing portal. Please use the Application Information and Checklist document in conjunction with completing the online application.

Visit the Licensing portal to login or register an account. If you already have an account, you may reset your password on the login webpage by clicking Forgot Password? Click Here. If you are a new user, you may register an account by clicking New User? Register Here! Please note, if you are a new user requesting access to an existing company, it may take several days to approve your request.

Once logged in, go to “Apply” and select the application type for which you wish to apply. Once submitted, the application will be emailed to the signatory for an electronic signature. The application is not considered submitted until electronically signed and sent back. A notification number will not be issued until the application is deemed complete.

For more information about fees and annual renewal dates, use the arrows below to expand each section.

Retail Sales, Sales Finance, and Rent-to-Own Notification Fees

Retail Sales Notification	$ 400
Sales Finance Notification	$ 400
Sales Finance Notification ONLY Volume Fee	$ 35 (per $100,000)
Rent-to-Own Initial Notification Fee	$ 400 per location

For retail sales and sales finance companies, the Administrator shall impose a penalty of $5 per day on any person that fails to comply.

Sales finance companies must report volume to the Administrator on or before March 1 each year. The Administrator may charge a late fee for failure to report such volume.

Retail Sales, Sales Finance, and Rent-to-Own Important Renewal Dates

Renewal becomes available	Around May 1
Renewal due date	July 1 each year

Renewals must be submitted annually to avoid being canceled! Renewals take place via the Licensing Community portal each year.

Sales finance companies shall pay an additional nonrefundable annual volume fee with the renewal. However, these companies must report any such volume to the Administrator on or before March 1. The Administrator may charge a late fee for failure to report such volume.

Retail Sales, Sales Finance, and Rent-to-Own Changes in Information

Pursuant to section 5-6-202(2), C.R.S., "If information in a notification becomes inaccurate after filing, no further notification is required until the following notification."

The above license and notification filings (once issued) are valid through each July 1 regardless of the date issued and must be renewed annually. See the above information for important dates for supervised lenders and notification filers.

Although a license or notification expiration date may reflect the prior 7/1, the existing license shall not expire (so long as a renewal is submitted) until the renewal application has been finally acted upon by the agency, pursuant to section 24-4-104(7), C.R.S.