Appearing in American Banker on November 11, 2025, Kevin Wack talks to NCLC Associate Director and Director of Federal Advocacy Lauren Saunders about a federal appeals courts finding that Colorado has the authority to apply its own interest rate caps to state-chartered banks from the other 49 states when they make loans to Coloradans. The decision could embolden other states to follow Colorado’s lead.
“I think it should give states confidence that they can opt out, and it will be meaningful.”
Lauren Saunders, associate director at the National Consumer Law Center.
Support NCLC
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate