The effort to undo payday lending reforms failed yesterday, and that means Colorado consumers are better off today.
It's a victory for hard-working Coloradans, and you helped.
A key moment in yesterday's tense back-and-forth was when the Senate held firm on its rules bill. That's when you spoke up, and we thank you for adding your voice to the chorus.
Yesterday, the House of Representatives took a risky and highly unusual step to weaken 2010's payday lending reforms and raise rates on Colorado borrowers.
The House did this by amending the annual rules-review bill – procedural legislation that implements hundreds of state agency rules and regulations.