Editorial support in Colorado!
February 25, 2010 | Colorado, industry, positive media coverage, regulation | Comments (0)“Regulations are tough enough” says the Daily Camera:
In these disastrous economic times, “regulation” and “oversight” have become popular battle cries. But payday lending is highly regulated industry, already — with caps and fee structures that are actually quite stringent when compared with other lenders. The rules on payday lending in Colorado are tough enough.
Driving legitimate businesses, and employers, out of business would also deprive hundreds of thousands of credit-challenged Coloradans emergency funding — to fix their cars, to keep their apartments, to pay an unexpected health bill — at precisely the wrong time.
Comments»
No comments yet.