Colorado · Colorado Revised Statutes — Title 18, Criminal Code

C.R.S. Title 18 § 18-15-109: Loan finder - definitions - prohibited fees

Infraction

What this law says, in plain English

Loan finders cannot charge borrowers fees before they receive an approved loan, except for independent credit checks or appraisals paid by check or money order. Violation is a petty offense and class 1 public nuisance.

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