Alternatives expected to sprout up now that Colorado lenders that are payday capped Cap of 36 % price on pay day loans could conserve Colorado consumers $50 million per year Colorado voters, by the widest good margin of any state ballot measure this current year, consented to cap the expenses on pay day loans at 36 per cent per year, an interest rate some loan providers argue is simply too low in which to stay company but which backers argued…