Searching Payday Sharks in East Nashville. Payday loan providers lawfully charge interest levels all the way to 400 per cent, trapping borrowers in a debt trap that seemingly doesn’t have end.

Within the Paleozoic Era, Tennessee ended up being included in a warm, superficial ocean, full of sharks. The waters receded an incredible number of years back, but sharks nevertheless linger inside our state, prepared to sink their teeth to your wallet.

These modern-day apex predators are known as “payday loan providers,” simply because they make their money lending – legally – to working families whom reside paycheck to paycheck, whom often require just a little additional to arrive at the termination of the thirty days, or make a car or truck repayment.