After Colorado had been hailed as being a nationwide model for pay day loans, voters is going to be asked to help expand limit lending that is payday

A 2010 Colorado legislation didn’t get far sufficient in managing payday loans int he state, claims Proposition 111 advocates, with charges striking a 180 % APR

Lift up your hand because they borrowed against their future paychecks at rates that can hover into the triple digits if you feel it’s unfair for working class folks to get sucked into a cycle of financial woe? Continue reading