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Travis Moody: Outcompeting Payday Lenders (Pt 2)
Manage episode 466051879 series 3485958
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In the state of Tennessee, payday lenders can charge interest rates upwards of 459%. Travis Moody and his nonprofit Forward Memphis are on a mission to outcompete them, charging only 10%. In only 20 months, they’ve helped 600 families save a total of $800k!
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