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Prop 111 Takes Down Predatory Lending

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Manage episode 221466581 series 2364942
内容由Denver News提供。所有播客内容(包括剧集、图形和播客描述)均由 Denver News 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Politicians and administrators looking to work in incoming Gov. Jared Polis’ Cabinet need to act fast. Nov. 27 is the deadline for Cabinet-level applications as Polis is set to take office Jan. 8. Proposition 111, which passed in Colorado during the 2018 midterm election, caps interest rates from Payday lenders at 36 percent. Currently the average payday lending loan in Colorado has an interest of 129%. The measure is already forcing some businesses to close. https://kdvr.com/2018/11/16/payday-lenders-starting-to-close-after-voters-limit-interest-rates/
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Manage episode 221466581 series 2364942
内容由Denver News提供。所有播客内容(包括剧集、图形和播客描述)均由 Denver News 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Politicians and administrators looking to work in incoming Gov. Jared Polis’ Cabinet need to act fast. Nov. 27 is the deadline for Cabinet-level applications as Polis is set to take office Jan. 8. Proposition 111, which passed in Colorado during the 2018 midterm election, caps interest rates from Payday lenders at 36 percent. Currently the average payday lending loan in Colorado has an interest of 129%. The measure is already forcing some businesses to close. https://kdvr.com/2018/11/16/payday-lenders-starting-to-close-after-voters-limit-interest-rates/
  continue reading

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