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Guest opinion: help for payday loan providers misguided

Guest opinion: help for payday loan providers misguided

We highly disagree, so we don`t think the facts offer the Camera`s summary.

Here you will find the known factual statements about payday financing in Colorado. The payday that is average makes not as much as $30,000 each year, 60 % of most loans are refinance loans and nearly 50 % of all loans head to borrowers whom took down 16 or maybe more loans in the last year, based on information collected and reported by the Colorado attorney general.

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