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.

BING NEWS:
  • Federal judge blocks new Colorado banking law
    Banking groups sued to stop a law passed to thwart predatory lending. Now it won't go into effect on July 1 as state lawmakers planned.
    06/21/2024 - 3:08 am | View Link
  • 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.
    06/20/2024 - 11:53 am | View Link
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