ALEC’s Influence in Tennessee

We’ve told you before about one of ALEC’s favorite Tennessee lawmakers, Senator Brian Kelsey. Now, a story from Rick Locker about ALEC’s super-sized influence at the General Assembly. Locker reports: Indeed, ALEC is ingrained in the Tennessee Legislature, particularly among majority Republicans. Eighteen Tennessee lawmakers spent just over $53,000 in taxpayer money to attend ALEC […]

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Casada vs. Consumers

The Tennessean reports that Rep. Glen Casada has a new enemy: Consumers seeking affordable housing in Tennessee. From the story: Legislation that would prohibit municipalities in Tennessee from mandating that developers include affordable housing in new residential development is headed to the desk of Republican Gov. Bill Haslam. The Tennessee House of Representatives voted 72-23 […]

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Marsha’s Payday

I’ve written before about U.S. Rep. Marsha Blackburn’s defense of the payday loan shark industry. Here’s more on what H.R. 4018, a bill she’s co-sponsored, would do. From the Chicago Tribune: The wonderful Florida law these folks want to protect results in effective annual interest rates of 312 percent. The proposed CFPB rules would put […]

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Middle Tennessee to Get Elder Justice Task Force

The Department of Justice this week announced the launch of 10 new Elder Justice Task Forces around the country, including one in the Middle District of Tennessee. From a press release: “Millions of seniors count on nursing homes to provide them with quality care and to treat them with dignity and respect when they are […]

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Will You Stand Up for Lara?

Jay and Gerri Gass need our help. They told their story in the Tennessean, now, they need action. Here’s what they had to say: Our daughter, Lara, a third-year law student at Washington and Lee, was traveling to her externship with a federal court judge when the Saturn Ion she was driving slammed into the back […]

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Today is the Day

Today is the day. It’s Giving Tuesday — a chance to show your support to organizations that make a difference in the lives of others. We are asking for your help so we can win the fight for economic justice in Tennessee. We’ve set a goal to raise $500 today. Your support will help us continue […]

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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 Baptist Convention, announced a bold […]

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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 – WKPT […]

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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 news […]

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TN Loan Sharks Charging 375%

Yes. It’s true. Legalized loan sharks in Tennessee can charge up to 375% for a payday loan. Sometimes, these ruthless “lenders” will even offer a “first loan free” program because they know that more than 70% of borrowers will borrow again. And again. And again. The cycle of debt is what payday lenders depend on to […]

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