Bad Loan

Tennessee Borrowers Pay the Price

When Tennessee lawmakers created the Flex Loan, they allowed triple-digit interest. Poor borrowers are struggling to keep up.

3 stories published since 2025

How Tennessee’s Speaker of the House Helped Keep a Payday Lender’s Struggling Sports Gambling Company Alive

by Adam Friedman, Tennessee Lookout

January 27, 2026, 6:00 am EST
“You’re Already Approved”: How One Tennessee Company Sets a Debt Trap

by Adam Friedman, Tennessee Lookout

June 26, 2025, 5:00 am EDT
This Lender Said Its Loans Would Help Tennesseans. It Has Sued More Than 110,000 of Them.

by Adam Friedman, Tennessee Lookout

May 5, 2025, 4:00 am EDT