Tennessee HB 775: Interest Rates - As enacted, increases, from 30 to 36 percent per annum, the maximum permitted effective rate of interest that may be contracted for by an industrial loan and thrift company on an unpaid balance where the amount financed is $100 or more; makes other related changes. - Amends TCA Title 45, Chapter 5.

Status: Comp. became Pub. Ch. 70 (as of 2025-04-08)

State: Tennessee · Session: 114 · Bill: HB 775

Subjects: Interest Rates

Sponsors: Powers

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