Limelight: State law details specifics of payday-lender policies

Limelight: State law details specifics of payday-lender policies Payday advances in Tennessee are regulated as “deferred presentment solutions.” Customers whom use deferred presentment service providers or payday lenders come under amendments towards the Deferred Presentment Services Act that went into effect in 2012, in accordance with officials because of the continuing state dept. of banking institutions. Among sponsors associated with …