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Commissioner Gonzales Announces Weekly Formula Rate February 14, 2017

Tuesday, February 14, 2017 | 1:09pm

NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.75 percent per annum.

The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.75 percent as published by the Federal Reserve on February 13, 2017.

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Virtual Currency Guidance

Wednesday, March 02, 2016 | 3:14pm

The Department issues guidance on virtual currency...... more

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