Recent Blog Posts
ALEC’s Money Laundering Machine Hits Tennessee
A recent news report out of Georgia turned up some disturbing happenings at the American Legislative Exchange Council’s (ALEC) Spring Task Force Meeting in Savannah.
Lobbyists paying for “scholarships” to cover legislator expenses. Secret policymaking meetings where the press was banned. A so-called “non-profit” that works... [Read more]
Baptists Join Fight Against Payday Predators
A Tennessee Loan Shark on the Prowl
Momentum is building to rein-in the legalized loan sharking that is payday lending.
We recently introduced The Loan Shark Ledger — a chronicle of the usurious practices of payday lenders.
Just this week, religious leaders representing a diverse group of faiths, including the Nashville-based Southern... [Read more]
Taking a Bite Out of Loan Sharks
Last week, we introduced The Loan Shark Ledger — Tennessee’s chronicle of the legalized loan sharking that is payday lending.
This week, I’m pleased to let you know people are taking notice.
Two different news outlets reported on our efforts to rein-in the sharks.
Here’s what they reported:
Trapped in a Cycle of Debt... [Read more]
Introducing The Loan Shark Ledger
Legalized loan sharks in Tennessee can charge up to 375% for a payday loan. And the lobbyists for these predators are fighting to keep it that way.
But, Tennessee Citizen Action is fighting back.
We’re introducing The Loan Shark Ledger.
It’s a weekly email newsletter aimed at keeping the loan sharks in check. We’ll give you... [Read more]
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