Colorado’s new laws on high-cost lending is also a model for various states
Beneath a measure signed by Gov. Jared Polis, Colorado will select out of a 1980 federal laws, which had enabled state-chartered banks from elsewhere to export their home-state charges of curiosity to the Centennial State.Eva Marie Uzcategui/Bloomberg Consumer advocates are praising a model new Colorado laws that they’re saying will prohibit high-cost shopper lending by … [Read more…]