Colorado lawmakers face a familiar question as they consider new financial regs: Is a paycheck advance a loan?
- Posted on March 31, 2026
- By The Denver Post
- 4 Views
Colorado lawmakers face a familiar question as they consider new financial regs: Is a paycheck advance a loan?
Federal regulators, consumers and two attorneys general have filed lawsuits against the companies. Federal judges in two states have repeatedly rejected their claims that their products aren’t loans.