Proposition 111 could crush payday financing in Colorado. Social justice groups offer the measure to cap interest and charges at 36 per cent.

Proposition 111 could crush payday financing in Colorado. Social justice groups offer the measure to cap interest and charges at 36 per cent.

Social justice groups offer the measure to cap interest and charges at 36 %. Some lenders state they would be forced by it to shut.

It absolutely was a cool October morning together with Rev. Timothy Tyler had been preaching from a corner on Denver’s sixteenth Street Mall.

“It is time for folks of conscience to become listed on together to complete the best thing, to start the process of lifting up people who cannot lift up themselves!” stated the pastor from Shorter Community AME Church, his booming sound echoing straight straight down downtown Denver’s busiest concrete corridor. (далее…)