First shots fired in Colorado pay day loan war
This legislative session as well as the war to rein in the payday loan industry DENVER– perhaps no issue will underline the divide separating state Democrats and republicans. That war saw its first proper skirmishes Monday in the capitol when approximately 150 payday-loan business people and workers rallied beyond your building prior to a hearing on a bill that seeks to cap payday interest levels and restrict the infamous cycle of individual payday-loan financial obligation the industry is dependent upon to create millions in earnings.