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With a growing body of research showing that a prior round of reforms did not eliminate abuses in the payday lending business in Colorado, reform supporters are now looking to ask voters to limit interest rates on the short-term loans.

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1/14/2011DENVER (CBS4) – The state of Colorado has a new payday lending law, but some online loan companies apparently feel they don’t have to obey it. The reason is they are affiliated with Native American tribes. Demetrius Marez was one such customer. He was in a difficult financial position and like

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Lenders and borrowers finding way around Colorado payday loan reforms, research finds Lenders found a way around state law with back-to-back same day loans.

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