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Mar 27, 2015 This sentence is a rare moment of truth concerning the coming regulation (or shutdown) or the payday loan industry. It appeared in the . Right after the cap was created, there was a range of prices; a few years later, over 95% of the payday loans in Colorado carried the maximum interest rate.” Listen to the 

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Oct 11, 2017 A special legislative committee Wednesday backed away from recommending restrictions on payday lenders to reduce what critics call "predatory" loan feared placing new restrictions now could have unintended consequences or end up back before the Legislature for fixes to comply with federal rules.