NACA in the News: 10th Circuit sympathetic to Colorado consumer protection law governing interest rates

Colorado Politics, 10th Circuit sympathetic to Colorado consumer protection law governing interest rates

“‘AG Miller is not aware of any circumstances in which Iowa’s opt-out provision has been challenged on the same grounds as Colorado’s,’ Amanda J. Krause, an attorney for Miller at the National Association of Consumer Advocates, told Colorado Politics. ‘Iowa never attracted similar litigation because, until recently, it was clear industry-wide that Colorado’s interpretation of the (federal) opt-out provision was the correct one.’”