In 2018, 77percent of Colorado voters chosen yes on idea 111 to cap payday loans APRs at 36per cent. Sadly, a suggested federal rule allows lenders to sidestep our protections and cost triple-digit costs once again. This will be a bad idea and a coalition of organizations, enterprises, and state legislators agree.
Publisher: Danny Katz
Danny directs the procedures of CoPIRG and it is the leading sound in Denver and over the state to improve transportation, avoid identity theft, boost buyers protections, acquire big money of our elections. Continue reading “Allowing lenders to sidestep consumer defenses in Colorado was a very clear “No””