Personal loans in Colorado Springs, CO

Rate ceilings, licensing requirements and product limits for Colorado Springs are all set at the Colorado level. Colorado Springs is one of 270 Census places in Colorado; its 488,664 residents put it at 2nd.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Colorado Springs is a major metropolitan city in Colorado, with an estimated 488,664 residents, and every licensed lender here follows the same state rulebook. Colorado Springs gained roughly 2.0% in population across the 2020-to-2023 comparison. Work out your debt-to-income ratio first; lenders weigh it heavily, and Colorado Springs's 488,664 residents are no exception. For a bigger market, look to Denver, CO about 62 miles away.

What the Census records for Colorado Springs

The figures below are Colorado Springs's own — Census population, land area and coordinates — followed by the Colorado rules.

The Colorado lending rules that reach Colorado Springs

The rows below set out what a licensed lender must follow in Colorado, and so for Colorado Springs's roughly 488,664 residents.

RuleDetailSource
State lending regulatorColorado Attorney General's Office — Consumer Credit Unit (Administrator of the Uniform Consumer Credit Code)
Source says: "The Consumer Credit Unit regulates (through licensure/registration programs) companies and individuals involved in consumer lending"; it "licenses non-bank lenders such as finance companies and payday lenders".		Colorado Attorney General — Consumer Protection Section
as of 2026-09-16
Maximum legal interest rate (usury cap)UCCC finance-charge ceilings: 12% per year on non-supervised consumer loans; supervised loans 36% on the first $1,000, 21% on $1,000–$3,000, 15% above $3,000 (or 21% flat); 21% on revolving accounts
Source says: "not exceeding twelve percent per year on the unpaid balance of the amount financed"; "Thirty-six percent per year on that part of the unpaid balances of the amount financed that is one thousand dollars or less"; "Twenty-one percent per year on the unpaid balances of the amount financed".		Colorado General Assembly — C.R.S. § 5-2-201 (Colorado Revised Statutes 2024, Title 5)
as of 2026-09-16
Payday lending statusPermitted but capped at 36% APR (Proposition 111, effective February 1, 2019)
Source says: "a finance charge for each deferred deposit loan or payday loan that must not exceed an annual percentage rate of thirty-six percent".		Colorado General Assembly — C.R.S. § 5-3.1-105 (Deferred Deposit Loan Act)
as of 2026-09-16

Borrowing reach in Colorado Springs

At roughly 2,418 people per square mile, Colorado Springs is fairly dense; 0 larger places lie within 50 miles. Whether Colorado Springs has a local branch or not, a Colorado-licensed lender can serve its 488,664 people online on the same terms. The nearest larger city, Denver, CO about 62 miles away.

Colorado Springs against the rest of Colorado

Within Colorado, Colorado Springs holds roughly 11.1% of all residents, the 2nd-largest share among 270 places. Its 2020-to-2023 change ranks 83rd of 270 Colorado places, putting it near the 69th percentile for growth. At about 2,418 people per square mile, Colorado Springs is the 26th most densely settled place in Colorado. In land area, Colorado Springs ranks 1st among Colorado's 270 places.

Where Colorado Springs sits

Colorado Springs covers about 202.1 square miles of land, with 0.36 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 2,418 residents per square mile. Denver, the largest place in Colorado, is about 62 miles from Colorado Springs. Within 50 miles of Colorado Springs there are 0 larger Census places. The 100-mile radius contains 1 larger places.

What a Colorado Springs borrower is actually offered

Colorado Springs is a major metropolitan city of about 488,664 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Colorado Springs's rank of 2nd in Colorado: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Colorado Springs loan but raises total interest, so the smallest payment is not the cheapest loan.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Colorado Springs if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Colorado Springs is the same as anywhere in Colorado.
What loan size can I expect in Colorado Springs?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Colorado Springs?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Colorado Springs cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Related