DENVER—Colorado Attorney General John Suthers today issued two composite reports on Colorado’s calendar year 2013 subprime consumer lending activity. The reports contain data on 250 companies at 749 licensed locations engaged in deferred deposit or “payday” loan and traditional supervised loan activity. The total volume of supervised lending overall significantly increased due in large part to increased servicing activity with a lessor increase in origination activity.
DENVER– To resolve claims its advertising and billing practices were misleading, Sirius XM Radio, Inc. will pay eligible customers restitution under the terms of a settlement agreement announced today by the Colorado Attorney General’s Office. Colorado joined with 44 other state attorney general’s offices and the District of Columbia in announcing that Sirius will also pay $3.8 million to the participating states.
DENVER – The Colorado Attorney General’s Office is announcing the successful outcome of a lawsuit brought earlier this year against Paymon’s Market, Inc. for selling “spice,” a synthetic cannabinoid. Rahmatollah Ghamari, owner of the convenience store agreed to pay $100,000 to settle the case.
Ralph L. Carr Colorado Judicial Center
1300 Broadway, 10th Floor
Denver, CO 80203