Colorado Consumer Credit Application
Description
How to fill out Consumer Credit Application?
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FAQ
A supervised loan is a consumer loan in which the rate of the finance charge exceeds 12% per year. If your company makes, services, or takes assignment of supervised loans, you will need to apply and obtain a Supervised Lender's License. The application and supporting materials are available here.
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. It sets maximum rates and charges, requires disclosure of the cost of credit so consumers may shop for the best rates, and provides remedies for consumers on default.
The Colorado Division of Real Estate A Division of the Department of Regulatory Agencies.
The Uniform Consumer Credit Code (UCCC) is a model statute that provides standards for credit transactions entered into by individuals who purchase, use, maintain, and dispose of products and services.
Most other consumer credit transactions such as payday loans, automobile loans, second mortgages, state-issued credit cards, and signature loans are subject to the UCCC.
The Uniform Consumer Credit Code (UCCC) is a draft law, adopted by 11 states, that governs consumer credit transactions. It establishes rules related to the issuance and use of all types of credit products from credit cards to mortgages.
The Colorado Consumer Protection Act protects consumers from a wide range of unfair and deceptive business practices.
A supervised loan is a consumer loan in which the rate of the finance charge exceeds 12% per year. If your company makes, services, or takes assignment of supervised loans, you will need to apply and obtain a Supervised Lender's License. The application and supporting materials are available here.
