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 Posted: Sat Mar 01, 2008 8:17 am Subject: Pay day loans in Colorado
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I need help on getting out of the payday loans in Colorado. HELP!!
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bbbkspr
Joined: 29 Feb 2008
Posts: 1
Debtcc Points: 54
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Posted: Sat Mar 01, 2008 8:31 am Subject:
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I will post your state laws for you. In the meantime, Please post who your lenders are, how much borrowed from each, how much repaid to each, and which are store front and which are internet. we can help you.
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5458
Debtcc Points: 38911
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Posted: Sat Mar 01, 2008 8:32 am Subject:
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| Quote: | Colorado State Information
Legal Status: Legal
Citation:
Colo. Rev. Stat. § 5-3.1-101 et seq.
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Max: 40 days
Maximum Finance Rate and Fees: 20%: $0-$300 + 7.5%: $301-$500
Finance Charge for 14-day $100 loan: $20
apr for 14-day $100 loan: 520%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: One (renewal)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: One $25 NSF fee; Court Costs; Reasonable Attorney's Fees not to exceed loan amount
Criminal Action: Prohibited (Unless the consumer's account was closed before the agreed upon negotiation date)
Where to Complain, Get Information:
Regulator: Colorado Office of the Attorney General
Address: Uniform Consumer Credit Code, 1525 Sherman St., 5th Fl. Denver CO 80203
Phone: (303) 866-4494
Fax: (303) 866-5691
Regulatory Contact: Laura Udis,, Administrator
Regulator Website
Licensee Database
Complaint Instructions |
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5458
Debtcc Points: 38911
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Posted: Sat Mar 01, 2008 8:32 am Subject: Payday loans in Colorado
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I need help in getting out of these payday loans in Colorado. I'm in so far that I can't pay my bills
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Posted: Sat Mar 01, 2008 8:34 am Subject: payday loans
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I can't afford the full payment options and they will not acept anything lower. What are my recourse from here?
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Posted: Sat Mar 01, 2008 8:48 am Subject: Payday Loans
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I already have regisetered ( Yesterday)
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Posted: Sat Mar 01, 2008 8:53 am Subject:
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Is anyone there???
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Posted: Sat Mar 01, 2008 9:05 am Subject:
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I amswered your post. Please provide the info we need so we can help you.
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5458
Debtcc Points: 38911
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