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Personal loans in Basalt, CO

A personal loan in Basalt is repaid in equal monthly installments over a fixed term, with the rate set from your credit history, income and debts. Basalt's Census population of roughly 4,005 makes it the 87th-largest of 270 places in Colorado. The rate caps and licensing requirements that apply to a lender in Colorado are set out in the sourced table below.

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

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Basalt at a glance

  • Population: the Census estimates 4,005 residents, ranking 87th of 270 places in Colorado (Vintage 2023).
  • 2020 Census base: 3,994 residents in the 2020 Census, per the US Census Bureau.
  • 2020 to 2023 change: an increase of about 0.3% since the 2020 count (US Census Bureau).
  • Rank among Colorado places: 87th out of 270 Census places (US Census Bureau).
  • Size percentile: it exceeds roughly 68% of Colorado's Census places by population (US Census Bureau).
  • Coordinates: 39.3686, -107.0488 (US Census Bureau Gazetteer).
  • Nearest larger cities: Carbondale, CO (9 mi); Aspen, CO (16 mi); Gypsum, CO (18 mi); Glenwood Springs, CO (20 mi); Eagle, CO (23 mi), each a US Census place with its estimated population.
  • Smaller places close by: Snowmass Village, CO (12 mi); Marble, CO (22 mi); Mount Crested Butte, CO (32 mi) (US Census Bureau).

What a personal loan costs in Basalt

A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.

Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.

Colorado lending rules that apply in Basalt

The sourced rows below are the rules a licensed lender must follow when lending in Colorado, and therefore in Basalt.

RuleDetailSource
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
Small-loan / installment lender licensingSupervised 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 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

How to compare offers in Basalt

Here is a short checklist for comparing personal loans in Basalt:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Colorado using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Basalt?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Basalt are the same as elsewhere in Colorado.
How much can I borrow with a personal loan in Basalt?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Basalt require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Basalt hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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