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Commissioner Gonzales Announces Weekly Formula Rate July 26, 2016

Tuesday, July 26, 2016 | 8:03am

NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.50 percent per annum.

The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.50 percent as published by the Federal Reserve on July 25, 2016.

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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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