In The Know: New Protections for Colorado Consumers
In The Know: New Protections for Colorado Consumers
As of July 1, 2024, Colorado consumers will have important new protections thanks to state legislators who took action to uphold voter preferences for strong consumer protections by passing HB23-1229. This legislation closed a loophole that allowed out-of-state lenders to charge higher rates and fees than allowed by Colorado law. By passing HB23-1229, Colorado lawmakers protected our state’s ability to create the lending rules and regulations that are right for Coloradans.
