Reposted by Cole Villena
Our @friedmanadam5.bsky.social has spent months interviewing people sued by Advance Financial and combing through data. This, friends, is public service journalism and I am incredibly proud of him.
NEW: A Tennessee lender told legislators its new product, the Flex Loan, would help residents.
In the 10 years since getting approval for it, the company has sued over 110,000 borrowers.
With @tennesseelookout.com
In the 10 years since getting approval for it, the company has sued over 110,000 borrowers.
With @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…
www.propublica.org
May 5, 2025 at 1:15 PM
Our @friedmanadam5.bsky.social has spent months interviewing people sued by Advance Financial and combing through data. This, friends, is public service journalism and I am incredibly proud of him.