Travis Moody: Outcompeting Payday Lenders

Travel
Written By Alex Cortes
 

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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! 

 
Alex Cortes
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