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With New Limits On Interest, Colorado’s Payday Lenders Could Quickly Near

With New Limits On Interest, Colorado’s Payday Lenders Could Quickly Near

On Friday, Colorado will severely limit exactly how much interest payday loan companies may charge customers — which may force all of them to shut.

Voters made the alteration final November if they authorized Proposition 111 by an margin that is overwhelming.

Colorado and 34 other states enable visitors to just simply take pay day loans. Continue reading With New Limits On Interest, Colorado’s Payday Lenders Could Quickly Near