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Lender Groups Sue Over Colorado's Rate 'Opt-Out' Law

By Jon Hill ( March 25, 2024, 11:52 PM EDT) -- A coalition of lender trade groups filed suit Monday to block Colorado officials from enforcing a new, impending law to rein in high-cost online lending by out-of-state banks, alleging it violates federal law and risks harming Colorado borrowers instead of helping them. . . .

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