Are you a lender or creditor looking to extend a line of credit for the investment of Colorado real estate in Denver, Boulder, Adams or Arapahoe County? Have you borrowed money for your Colorado small business? If so, you want to be familiar with Colorado’s usury laws that prohibit excessive interest rates. This blog analyzes Colorado’s usury law regarding nonconsumer (business) loans so you can ensure your loan complies and doesn’t have an illegal, excessive interest rate.
Read More