Ace money Express Inc.’s contract to end brokering loans in Colorado for the Ca bank is certainly one of a sequence of setbacks for payday lenders that partner with national banking institutions. The other day the Colorado lawyer general’s workplace announced that the settlement have been reached with its 10-month-old lawsuit against Ace. The Irving, Tex., payday lender consented to stop utilizing the charter for the $317 million-asset Goleta nationwide Bank which will make high-interest loans into the state. (more…)