0180-08-.03

Tenn. Comp. R. & Regs. 0180-08-.03

Maximum Effective Interest Rates

Effective Aug 30, 1979Authority: T.C.A. § 4-5-104 and Chapter 203 of the Public Acts of 1979.Tennessee Department of Financial Institutions

For all single payment loans subject to these rules, the maximum effective interest rate shall be ten percent (10%) per annum.

Authority: T.C.A. § 4-5-104 and Chapter 203 of the Public Acts of 1979. Administrative History: Original rule filed July 16, 1979; effective August 30, 1979.