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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

May 5, 2025, 11:15 AM

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    "text": "NEW: A Tennessee lender told legislators its new product, the Flex Loan, would help residents.\n\nIn the 10 years since getting approval for it, the company has sued over 110,000 borrowers.\n\nWith @tennesseelookout.com",
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        "uri": "https://www.propublica.org/article/flex-loans-tennessee-advance-financial?utm_source=bluesky&utm_medium=social&utm_campaign=propublica-bsky&utm_content=5-5",
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        "title": "This Lender Said Its Loans Would Help Tennesseans. It Has Sued More Than 110,000 of Them.",
        "description": "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…"
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    "createdAt": "2025-05-05T11:15:21.950Z"
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