DENVER—Colorado Attorney General John Suthers today issued three composite reports on Colorado’s calendar year 2011 subprime consumer lending activity (loans with an APR greater than 12% or that could exceed 12% on an adjustable rate loan). The reports cover all supervised lenders licensed by the Colorado Attorney General’s Office. They contain data on 265 companies at 851 licensed locations making deferred deposit or “payday” loans, small-installment loans, and traditional supervised loans.
