On August 18, 2020, the Colorado Attorney General’s office announced the settlement of its lawsuits against Marlette Funding and Avant (https://coag.gov/press-releases/8-18-20/). The lawsuits alleged that these two FinTech entities had “rented” the charter of two out-of-state banks to make loans to consumers exceeding Colorado’s interest rate limits. Hemming Morse was engaged by the Colorado Attorney General’s Office to analyze economic outcomes associated with the related loan programs for consumers, the entities and the banks. Please contact Greg Regan or Travis Armstrong for more information about Hemming Morse’s work on this matter.