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Colorado rules

September 1, 2010 | Colorado | Comments (1)

From the story:

Payday lenders will be required to give pro-rated refunds to customers who pay off their loans early, The Pueblo Chieftain reports.

Under enforcement rules adopted Tuesday by the Colorado Attorney General’s office, payday lenders cannot keep origination fees for their loans.

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Comments»

1. Al Eli - September 1, 2010

Great…thats enough to put some small lenders out of business!!