Skip to main content









Donation Heart Ribbon

Comments made by celestialB

Proposal To Raise Payday Loan Cap Concerns Consumer Advocates

After the bill had been passed by the House, Senate Republicans amended the bill to include a previously dead bill that changes payday lending laws in the state.

May 13, 2011 at 9:58 p.m. ( | suggest removal )

Proposal To Raise Payday Loan Cap Concerns Consumer Advocates

One amendment to the Colorado legislature's last bill of the season is causing a significant amount of disappointment. The day-to-day operations of the state of Colorado could be at risk if a controversial payday lending bill isn't settled. There is a possibility of a special session in Colorado. If the payday advance issue isn't resolved within hrs, the special session could cost the legislature thousands. <a title="Colorado legislature at a standstill" href="">Payday loan amendment threatens to gridlock Colorado legislature</a>. If the House and Senate in Colorado cannot come to an agreement on Colorado Senate Bill 78, the legislature may well face a special session. A special session of the legislature could cost taxpayers several thousand dollars per day.

May 13, 2011 at 9:57 p.m. ( | suggest removal )