This year, community, faith, and advocacy organizations are coming together to stop predatory payday loans. We believe that payday lenders should have to play by the same rules as all other lenders in Colorado. We seek to cap the percentage rates at 36%.
We know payday loans are a big problem for working families across our state. That’s why we’re taking on payday lenders and their predatory loaning practices.
We are collecting stories of people who have been caught in the by payday lending debt trap. We need your story to tell other Coloradans about the effects of dangerous loans on families in our state. By sharing your personal story, you give voice to the countless families struggling today to pay off their high-cost, unfair payday loans.
By sharing your story, you help voters understand this issue!