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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE MAY 22, 2018

Tuesday, May 22, 2018 | 08:32am

NASHVILLE-- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 8.75 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 4.75 percent as published by the Federal Reserve on May 21, 2018.

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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE APRIL 24, 2018

Tuesday, April 24, 2018 | 02:13pm

NASHVILLE-- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 8.75 percent per annum.

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