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confused - Blue King Loans in Colorado?

confused in CO
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Hi - I'm confused about the loan I have out with Blue King (a tribal lender). It was an internet loan for $400. So far I have made two interest payments of $106 each for a total of $212 paid.

I live in Colorado and I know that a lender must be licensed in Colorado for a payday loan here to be legal. How do I find out if Blue King is licensed in CO? Any tips and tricks for dealing with them? I fully intend to repay the principal of the loan.

Tribal lenders are never licensed....they all illegal.

Sub: #1 posted on Tue, 10/16/2012 - 02:11

Moderators Cum Industry Expert
(Posts: 17209 | Credits: 4746.14)

I found out they are illegal in PA too....I took a loan for 600.00 and so far have paid 3 pymts of 159 JUST on interest.......then they tell me i will be paying 219 a pay until loan is paid; this is a crime!!!

What do we do about it and do we have to continue paying these scam artists????

Sub: #2 posted on Tue, 12/18/2012 - 06:32


@ Patti - follow this link on how to deal with illegal lenders by OhioGal - th-illegallende...

And please register with the site to make it easier to find you and help you with other questions that may arise.

Sub: #3 posted on Tue, 12/18/2012 - 18:42

HelpinAZ HelpinAZ
(Posts: 1873 | Credits: 288.09)

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