Colo. Rev. Stat. § 18-15-102
Current through Acts effective through 7/1/2024 of the 2024 Legislative Session
Any person who makes any extension of credit in any amount regardless of the loan finance charge with respect to which it is the understanding of the creditor and the debtor at the time it is made that delay in making repayment or failure to make repayment will result in the use of extortionate means of collection is guilty of extortionate extension of credit, which is a class 4 felony.
C.R.S. § 18-15-102