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Lawmaker Wants Stiffer Rules For Pay Day Loans

Lawmaker Wants Stiffer Rules For Pay Day Loans

The loan that is payday contributed thousands and thousands of bucks to Tennessee lawmakers ahead of the legislature passed flex loans.

Yet not every lawmaker took the cash.

“me it’s nothing more than legalized loan sharking,” said Representative Darren Jernigan (D) Nashville if you ask.

Jernigan actually offered back once again the $1000 share he received from payday loan providers.