Comment on Federal judge blocks Colorado’s new limits on certain short-term loans

Federal judge blocks Colorado’s new limits on certain short-term loans

A federal judge this week blocked provisions of a new Colorado law that would’ve limited interest rates on certain short-term loans made by out-of-state banks. U.S. District Judge Daniel D. Domenico granted a request by a trio of financial trade organizations to block the implementation of HB23-1229, which passed the legislature last year but was set to go into effect July 1.

 

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