Permitting loan providers to bypass customer defenses in Colorado is an obvious “No”

Permitting loan providers to bypass customer defenses in Colorado is an obvious “No”

In 2018, 77percent of Colorado voters voted yes on Proposition 111 to cap loan that is payday at 36%. Regrettably, a proposed federal guideline would enable loan providers to bypass our defenses and cost triple digit rates again. This might be an idea that is bad a coalition of companies, companies, and state legislators agree.

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