The Administrator of the Colorado Uniform Consumer Credit Code (“UCCC”) has issued an Advisory regarding Proposition 111 and an Opinion, dated January 4, 2019.
Supervised Lenders
A Colorado supervised lender’s license is required to engage in the business of supervised loans. A supervised loan is a consumer loan with an annual percentage rate greater than 12% per year. Consumer loans include both secured and unsecured consumer loans; deferred deposit loans (also known as payday loans, post-dated check cashing, and/or deferred deposit lending); small installment loans; credit cards; consumer insurance premium financing; and certain real estate secured loans. For more information on licensing requirements and exemptions, please refer to the Colorado Uniform Consumer Credit Code.
Application Forms
General Forms
- Address Change
- Personal Affidavit
- Surety Bond
- Cash Assignment
- Citizenship/Lawful Residency Affidavit
Notification Filers
Retail Sales – FAQs
Credit sellers and retail merchants that regularly extend consumer credit as a “creditor” must file the notification form and pay the notification fee within 30 days after commencing business in Colorado and thereafter, on or before January 31 of each year.
If you have failed to file notification for previous years, please fill out each applicable year’s notification form below and submit along with the required notification and late fees:
*Please note you will not be considered an active Retail Sales Notification Filer until all notification forms and fees have been submitted*
Sales Finance – FAQs
Sales finance companies that regularly collect consumer credit contracts must file the notification form and pay the notification and volume fees within 30 days after commencing business in Colorado and thereafter, on or before January 31 of each year.
If you have failed to file notification for previous years, please fill out each applicable year’s notification form below and submit along with the required notification, volume, and late fees:
*Please note you will not be considered an active Sales Finance Notification Filer until all notification forms and fees have been submitted*
Rent-to-Own – FAQs
Colorado regulates the rent-to-own industry under the Colorado Rental Purchase Agreement Act. Rent-to-own businesses must file notification and pay the notification fee within 30 days after first soliciting or entering into rental purchase agreements and thereafter, on or before January 31 of each year.
If you have failed to file notification for previous years, please fill out each applicable year’s notification form below and submit along with the required notification fee: