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

Current through January 8, 2025
Section 0180-08-.03 - MAXIMUM EFFECTIVE INTEREST RATES

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

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

Original rule filed July 16, 1979; effective August 30, 1979.

Authority: T.C.A. § 4-5-104 and Chapter 203 of the Public Acts of 1979.