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This time it’s federal: Coloradans join national push for stricter payday...

The point is to push the feds to adopt the kind of rules that might turn the experience into something more like a reasonable consumer exchange and less like a run through a personal finance minefield.

Payday loan fee increase moves out of committee

Expressing concerns that loan sharks may become the new lenders for the poor, and saying they fear the loss of further jobs in a down economy, legislators Tuesday passed a bill to allow deferred deposit loan corporations to retain up-front fees.
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