Unlock Partnership Solutions agrees to comply with state consumer lending laws in home equity agreements

June 24, 2026 (DENVER) – Attorney General Phil Weiser today announced that Unlock Partnership Solutions, Inc. has entered into a settlement requiring the company to comply with Colorado’s Uniform Consumer Credit Code and provide restitution to Colorado homeowners who entered into its home equity agreements and paid interest over Colorado’s rate caps.

Unlock offered what it marketed as “home equity agreements,” in which consumers received a lump sum payment in exchange for a percentage interest in the home’s future value, whether the home increased or decreased in value. The attorney general’s office determined that these agreements are consumer credit transactions under Colorado law and must comply with the Uniform Consumer Credit Code, including Colorado’s Consumer Equity Protection Act (CEPA), rate caps, required disclosures, and licensing obligations.

As of today, Unlock has identified $283,375 in restitution owed to 125 Colorado consumers based on loans closed to date. This figure is expected to grow as additional loans close in the months and years ahead.

Under the settlement, Unlock must:

  • Comply with Colorado lending laws under the UCCC, including the CEPA.
  • Comply with UCCC rate limits.
  • Provide disclosures required under the UCCC.
  • Obtain all required Colorado licenses before resuming operations.
  • Make restitution payments directly to consumers, with additional payments required as more loans close over time.

“Colorado homeowners deserve transparency and fair dealing when they make decisions about their home equity,” said Attorney General Weiser. “Today’s agreement ensures that homeowners receive the restitution they are owed and that Unlock will follow Colorado lending laws going forward. Our office will continue to stand up for consumers and hold companies accountable when they don’t play by the rules.”

Read a copy of the Assurance of Discontinuance (PDF).

Colorado consumers who believe they have experienced problems with a lender may file a complaint with the Attorney General’s Office.

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Media Contact:
Lawrence Pacheco
Chief Communications Officer
(720) 508-6553 office
lawrence.pacheco@coag.gov