Colorado statute
C.R.S. § 18-15-102 — Extortionate extension of credit - penalty.
Current through 2025 Regular Session
Part of Article 15: Offenses - Making, Financing, or Collection of Loans, Colorado Revised Statutes.
Criminal charges under this statute
Full text of C.R.S. § 18-15-102
Statutory text current through the 2025 Regular Session. This is an officially sanctioned publication using the official text of the Colorado Revised Statutes; it is not the official statutes of the State of Colorado.
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.
Official sources
Legal terms used in this section
Questions this section answers
Is extortionate extension of credit a felony or a misdemeanor in Colorado?
Extortionate extension of credit is a class 4 felony in Colorado under C.R.S. § 18-15-102.
Which Colorado statute covers extortionate extension of credit?
Extortionate extension of credit is governed by C.R.S. § 18-15-102 (Extortionate extension of credit - penalty).
This reference is informational and is not legal advice.