Shelby County has more payday loan providers (definitely) than just about other county into the state, in accordance with a unique report from the Chattanooga-based think tank.
The county has 232 lending that is payday, significantly more than double of second-ranked Davidson County (Nashville), which includes 109.
Shelby ranks second out of most Tennessee counties for the true quantity of such loan providers per capita. For each 100,000 Shelby County residents, you will find almost 25 lenders that are payday. Just Madison County (Jackson) beats Shelby with almost 30 payday loan providers per capita.
As a whole, you will find more 1,233 lending that is payday in 89 associated with the stateвЂ™s 95 counties.