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Concept check: Should Colorado rule let payday lenders to recharge over 200% curiosity on smallest debts?

Concept check: Should Colorado rule let payday lenders to recharge over 200% curiosity on smallest debts? A Colorado people campaigning to minimize prices for whatever they call payday advances claim that “newest regulation allows payday loan providers to cost about 200per cent fees for smallest financial products geared towards associates who’re usually in dire straits.”…

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