STATE PRODUCT DISCLOSURE
MVP Cash Advance publishes only the state/product role supported by current operating and legal records. The agreement presented for a specific transaction identifies the responsible legal provider, amount, charges, payment dates and rights. This disclosure does not create an approval or replace the agreement.
Colorado uses a supervised consumer-credit framework rather than a legacy two-week payday model. The disclosure presents the applicable UCCC pricing method, scheduled repayment and the terms of the current offer.
Reformed supervised consumer lending / installment-style structure
Colorado does not use the legacy two-week payday-loan structure. Only the current supervised-lending product and charges supported by Colorado law and the live agreement.
Colorado Attorney General — Consumer Credit Unit / UCCC
August 22, 2026 • Natalie Randrup
| Topic | Current disclosure |
|---|---|
| Cost ceiling | Colorado’s UCCC uses transaction-specific pricing rules. C.R.S. § 5-2-201 has a tiered supervised-loan finance-charge ceiling, while loans of $1,000 or less may use the alternative-charge structure in § 5-2-214. The current offer identifies which pricing method applies. |
| Product structure | The current Colorado path uses a supervised consumer-lending/installment structure rather than a legacy two-week payday model. |
| License | A supervised lender license may be required for covered lending activity. |
| Terms | Amount, payment schedule and charges come from the current Colorado product and applicable UCCC provisions rather than another state’s payday table. |
| Standard supervised-loan finance charge | Under C.R.S. § 5-2-201, the actuarial ceiling is tiered: 36% on the first $1,000, 21% on the portion from $1,000 to $3,000, and 15% above $3,000, or 21% on the full unpaid balance if greater. |
| Alternative charges for loans ≤ $1,000 | A supervised lender may instead use C.R.S. § 5-2-214, including an acquisition charge up to 8% plus the permitted monthly installment account-handling charge; the minimum term for this structure is six months. |
MVP Cash Advance publishes only the state/product role supported by current operating and legal records. The agreement presented for a specific transaction identifies the responsible legal provider, amount, charges, payment dates and rights. This disclosure does not create an approval or replace the agreement.
Colorado Attorney General — Consumer Credit Unit / UCCC: View source →
Return to /locations/colorado/ for the commercial product experience and calculator.
Colorado Attorney General — Uniform Consumer Credit Code: View source →
Colorado General Assembly — 2026 Colorado Revised Statutes, Title 5: View source →
Colorado General Assembly — HB23-1229: View source →
Colorado AG — Consumer Credit: View source →
Last reviewed: August 22, 2026. Reviewed by Natalie Randrup — Lending Compliance & Documentation Reviewer. Re-check when law, product, privacy, messaging or location operations materially change.
The online part was easier than I thought it would be. Support helped me get through a document issue without making it a big ordeal. I’d use it again if I really needed to, but I’d still compare the total cost first.
Overall it was a good experience, just not perfect. The online form was easy to follow and I didn’t have to guess what came next. One small hiccup kept it from being five stars for me.
The whole thing was easier than I expected. The online steps didn’t take long and I wasn’t stuck waiting around all day. I appreciated that I could stop and review things before moving on.
I had an unexpected expense come up and this was simple to work through. This helped me cover a utility bill without having to move three other bills around.
This was my second time using an online loan service and this went much smoother. From application to the next step was pretty quick. I still read the repayment details carefully, but there were no surprises for me.
Keep your amount, state and repayment preference in view as you continue through MVP Cash Advance.
