Tag: Predatory lending
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Peevish Justices Shield Predatory Lenders
by David Tulis, TNTrafficTicket.us, NoogaRadio92.7FM CHATTANOOGA, Tenn., Monday, April 15, 2024 — Tennessee supreme court justices today deny the application for a hearing in a radio journalist’s attack against payday-style “merchant cash advance” lenders. The industry targets small business owners facing cash emergencies and soaks borrowers with interest rates of 208% per year (Flexibility Capital)…
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Predatory Loan Case on YouTube Docket in Tuesday’s Hearing in Knoxville
by David Tulis/NoogaRadio Network, tntrafficticket.us (Nov. 12, 2023) — CHATTANOOGA, Tenn., Saturday, Nov. 11, 2023 — On Tuesday I make oral arguments in the Flexibility Capital case seeking to overthrow a loan shark’s operations statewide. Lawyers, judges and petitioners will gather in the historic U.S. post office and courthouse in Knoxville at 505 Main St. …
