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Fewer loans made in 2008, but defaults increased

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Credit was tight in Colorado in 2008 – fewer loans were made but defaults and delinquencies increased, and even the state’s payday consumer lenders saw less business. Delinquencies on supervised loans increased 23 percent and the loan defaults doubled compared to the previous year, according to a report from Colorado Attorney General John Suthers. “Although… Continue Reading Fewer loans made in 2008, but defaults increased

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AG thinks marijuana law is hazed and confused

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The U.S. Justice Department might think that medical marijuana laws in Colorado are clear and easily enforced, but the state’s attorney general does not. Colorado Attorney General John Suthers said the department’s new policy that would not actively prosecute medical marijuana businesses is based on a “faulty assumption.” “Colorado has seen a rapid proliferation of… Continue Reading AG thinks marijuana law is hazed and confused

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AG trying out new Web site

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A new Web site for the Colorado attorney general is being beta tested. Attorney General John Suthers said the new version will provide more information, including improving how the office of consumer protection section collects complaints. It also will provide easier access to the agency’s Consumer Resource Guide. The old site will still be accessible for… Continue Reading AG trying out new Web site

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