rich jones
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Equifax hack inspires Colorado clampdown on credit reports
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Colorado lawmakers began laying the bricks of a firewall for consumers who might be victims of identity theft as a result of such breaches as the Equifax hack last year. They started with children and at-risk adults. Most children don’t have credit histories, and often their clean credit is used in “family fraud,” by someone who…
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Insights: Tax reform loot comes in a mixed bag for Colorado
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There’s no denying that the tax overhaul delivered by the Republicans and President Trump put money in Colorado’s pocket, albeit wealthy people and corporations did better than most of us. In the wake of the new law, minimum-wage workers at Walmart are getting a pay raise to $11 an hour, even as thousands of their…
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Costs of living are eating Colorado’s prosperity, Bell Policy Center finds
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The Bell Policy Center in Denver released a report Friday that should give pause to lawmakers giddy over the state’s appearance of prosperity. Yes, Colorado has one of the best economies of any state in the nation, and it ranks among the nation’s best for the number of people living in prosperous communities. You…
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Forced arbitration with banks isn’t dead yet, but Colorado consumer watchdogs say let it die
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Republican leaders in the U.S. House and Senate Thursday set in motion a plan to force people possibly wronged by banks into arbitration and keep them out of courtrooms, just like in the old days before this month. Let’s back up a few steps. In 2010 Congress passed the Dodd-Frank Wall Street Reform and Consumer…
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Debt collectors have to clean up their acts under new Colorado law
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One new Colorado law should be music to the ears of those who don’t care for calls from debt collectors, especially for money they don’t owe. Senate Bill 216 cracks down immediately on “zombie debt,” uncollected or written-off bills the debt collection agencies buy in bulk to try to collect on. Unfortunately for the public,…
