Coloradans to prevent Predatory Payday Lending Submits Over 188,000 Signatures – Rev. Dr. Anne Rice-Jones

Coloradans to prevent Predatory Payday Lending Submits Over 188,000 Signatures – Rev. Dr. Anne Rice-Jones

Dear Effective and Prophetic Management,

Amazed! Inspired! Grateful!

With respect to Coloradans to avoid Predatory pay day loans and Together Colorado, we thank you for the exemplary performance in attaining our target objective for signature collection. It really is uplifting to be celebrating a great milestone this week, once we delivered 78 bins of petitions which include over 188,000 signatures. The Secretary of State must now formally validate signatures in the next thirty days. To learn more, please browse the campaign declaration below.

The endless hours that had been invested collecting signatures shows dedication to Civic Engagement, Human Dignity and Financial Equality and Equity for many.

Remain this course! Your effort and dedication is paying down. We now have some more hurdles to attain the ballot.

Below are a few helpful tools to do something:

Let’s turn our attention toward arranging, escaping . the vote and moving this cash advance limit!

Blessings on your own journey,

Rev. Dr. Anne Rice-Jones, Board of Directors, Together Colorado

It is Time Indeed To Stop the Pay Day Loan Triple-Digit Interest Debt Trap!

A coalition of community, faith, civil legal rights and advocacy companies have actually get together to stop predatory pay day loans through a ballot effort election. We recently presented 188,000 signatures towards the Secretary of State to qualify the effort for the ballot!

Payday lenders are the only lenders exempted from state usury regulations, this means they can charge significantly more than 200 % in yearly interest for loans all the way to $500. Pay day loans force struggling families into rounds of financial obligation by using these interest that is extremely high on loans which make payment very hard. Continue reading Coloradans to prevent Predatory Payday Lending Submits Over 188,000 Signatures – Rev. Dr. Anne Rice-Jones