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Permitting loan providers to bypass customer defenses in Colorado is an obvious “No”. Page to your OCC regarding proposed modifications to loan provider rules

Permitting loan providers to bypass customer defenses in Colorado is an obvious “No”. Page to your OCC regarding proposed modifications to loan provider rules In 2018, 77percent of Colorado voters voted yes on Proposition 111 to cap pay day loan APRs at 36%. Unfortuitously, a proposed federal guideline would enable loan providers to bypass our defenses and fee triple-digit prices once more. That is an idea that is bad a coalition of businesses, organizations, and…

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Without a doubt about payday advances in Southern Boston

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