Financial Institutions
The Tennessee Department of Financial Institutions (TDFI)
News & Events
News
COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE AUGUST 11, 2026
Tuesday, August 11, 2026 | 08:31am
NASHVILLE--Commissioner of Financial Institutions Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 10.75 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 6.75 percent as published by the Federal Reserve on August 10, 2026.
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News
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- COMMISSIONER GONZALES ANNOUNCES MAXIMUM EFFECTIVE RATE of INTEREST
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- COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE JULY 14, 2026
- COMMISSIONER GONZALES ANNOUNCES MAXIMUM EFFECTIVE RATE of INTEREST
News
COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE JULY 7, 2026
Tuesday, July 07, 2026 | 10:25am
NASHVILLE--Commissioner of Financial Institutions Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 10.75 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 6.75 percent as published by the Federal Reserve on July 6, 2026.
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