POINT: HB 1310 aims to keep Coloradans out of 'trap'

Think lending money at 353 percent should be legal? What about charging $500 to borrow $300? This is not only legal in Colorado, it happens every day. It's called payday lending, and it's sending Coloradans into a cycle of longterm debt, taking $76 million a year out of our economy. Here's how it works: ...