Tennessee Department of Financial Institutions Commissioner Greg Gonzales Announces Weekly Formula Rate
August 05, 2026
August 05, 2026
NASHVILLE, Tennessee, Aug. 5 -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales issued the following news on Aug. 4, 2026:
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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE AUGUST 4, 2026
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 aver . . .
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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE AUGUST 4, 2026
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 aver . . .