Thursday - April 2, 2026
Tenn. Financial Institutions Commissioner Gonzales Announces Weekly Formula Rate March 31, 2026
April 01, 2026
NASHVILLE, Tennessee, April 1 -- Tennessee Department of Financial Institutions issued the following news on March 31, 2026:

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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE MARCH 31, 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 average prime loan rate of 6 . . .

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