Office of Economic Development and International Trade

Business Licensing Database
CHECK CASHING SERVICE

includes money order outlets

CHECK	CHECK CASHING	MONEY ORDER	MONEY ORDER OUTLET
PAYDAY LOANS	POST-DATED CHECKS

State

Colorado Department of Law
Uniform Consumer Credit Code (UCCC)
1525 Sherman St, 7th Fl.
Denver , CO 80203
(303)866-4500
Fax: (303)866-5691

If cashing post-dated checks, will be required to have a "supervised lenders" license from Attorney General's Office.

Some of the regulatory provisions of the Colorado UCCC include disclosure of the cost of credit (annual percentage rate, amount financed, total of payments, etc.) and compliance with the provisions on default including right to cure, delinquency charges, deferral, refinancing, prohibitions on prepayment penalties, and record retention requirements.

See "Supervised Lender Licensing Requirements."

Link: http://www.ago.state.co.us/UCCC/PDF/ucccmain.cfm.html

NOTE: See MONEY ORDER COMPANY for federal Money Services Business registration requirements.

page last updated 3/23/10

The Colorado Revised Statutes are available on line at http://www.state.co.us/gov_dir/leg_dir/olls/colorado_revised_statutes.htm. You can locate a statute of interest by searching either on the citation given in the database (e.g., 18-5-307) or on a keyword or phrase.

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Business Licensing Database CHECK CASHING SERVICE

Business Licensing Database
CHECK CASHING SERVICE