Taking on Insanely Expensive Pawn Broker Loans

Andy Spears
2 min readJan 4, 2023

Coalition highlights injustice of 243% interest rate on loans from pawn brokers

A coalition of leaders from various advocacy groups came together today to express support for legislative efforts to cap pawn broker loans at 36% interest rates — instead of the 243% currently charged as a result of a loophole in the Predatory Loan…

--

--

Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .