Monday - May 25, 2026
Tenn. Financial Institutions Commissioner Gonzales Announces Weekly Formula Rate April 21, 2026
April 22, 2026
NASHVILLE, Tennessee, April 22 -- Tennessee Department of Financial Institutions issued the following news on April 21, 2026:

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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE APRIL 21, 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 . . .

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