Bacchus Nair Farm

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  ProPublica propublica.org · May 11
  Advance Financial’s Flex Loan charges 279.5% interest, trapping thousands of borrowers in debts that end up in court, where the company has won over $200 million in judgments since 2015. By @friedmanadam5.bsky.social, w/ @tennesseelookout.com
  

  This Lender Said Its Loans Would Help Tennesseans. It Has Sued More Than 110,000 of Them.

  The Flex Loan, a type of payday loan pioneered by Advance Financial, has burdened low-income borrowers while generating huge profits for lenders. Tennessee lawmakers declined to rein in the lending bu...

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