Personal loans in Silt, CO
A lender serving Silt holds a Colorado license and answers to a Colorado regulator, not to any city office. About 3,697 people live in Silt, placing it 90th of 270 Census places in Colorado. Silt added about 4.1% to its population between the 2020 base and the 2023 estimate. When Colorado caps or restricts a product, lenders either change the terms or withdraw it from the state. Compare APR, not the interest rate, because the APR folds in most fees. The nearest larger city is Rifle, CO about 6 miles away.
Borrowing in Silt: the local picture
Silt is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: about 3,697, ranked 90th of 270 places in Colorado (Census Vintage 2023 subcounty estimate).
- Population trend: Higher by roughly 4.1% since the 2020 count.
- Size percentile: about 67% of Colorado's Census places are smaller than it.
- Location: the Census Gazetteer records it at 39.5480, -107.6527.
- Nearest larger cities: Rifle (6 mi); New Castle (7 mi); Glenwood Springs (17 mi); Carbondale (26 mi); Basalt (35 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Nearest smaller towns: Parachute (22 mi); Collbran (27 mi); De Beque (34 mi) — useful context for the surrounding area.
What Colorado law requires in Silt
These are Colorado's sourced lending facts as they apply in Silt; the state has no separate city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Permitted 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 |
| Small-loan / installment lender licensing | Supervised lender license required from the UCCC Administrator (master license required for more than one place of business); deferred deposit lenders must hold a supervised lender's license Source says: "if a supervised lender has more than one place of business, they must obtain a master license"; "no person shall engage in the business of deferred deposit loans without having first obtained a supervised lender's license" (C.R.S. § 5-3.1-116). | Colorado Attorney General — Uniform Consumer Credit Code licensing as of 2026-09-16 |
| State lending regulator | Colorado 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 |
What a Silt personal loan looks like
Two numbers drive a Silt personal loan: the APR, which includes fees, and the term, which decides how long you keep paying. Only when you accept an offer and finish a full application does the lender run a hard inquiry, which may cost a few points for a short time. Borrowing is a decision to make calmly, not one to rush.
A pre-application checklist for Silt
These are the steps that most influence the offer you get in Silt:
- Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Confirm the lender holds a Colorado licence by checking the regulator named above.
- Write down the purpose of the loan and your repayment plan before you apply.
Common questions
What are my options in Silt 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 Silt is the same as anywhere in Colorado.
What loan size can I expect in Silt?
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 Silt?
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 Silt 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
- Rifle, CO — population 10,563
- New Castle, CO — population 4,866
- Glenwood Springs, CO — population 10,250
- Parachute, CO — population 1,365
- Collbran, CO — population 366
- Carbondale, CO — population 6,708
- Meeker, CO — population 2,368
- De Beque, CO — population 477