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Limelight: State law details specifics of payday-lender policies

Limelight: State law details specifics of payday-lender policies Payday advances in Tennessee are controlled 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 impact in 2012, relating to officials using the continuing state dept. of banking institutions. Among …

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