COLORADO COURT OF APPEALS - Judiciary of Colorado
Prepayment penalties serve a valid purpose in compensating at least in part for the anticipated interest a lender will not receive if a loan is paid off prematurely. Among other things, a prepayment penalty insures the lender against loss of its bargain if interest rates decline. In re LHD Realty Corp., 726 F.2d 327 (7th Cir. 1984). ................
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