Since the publication of this story, Carey Brown and his representatives have disputed the claim that the businesses cited in this article share common ownership and that they are not properly licensed to do business in Tennessee.
Additionally, three former employees of one of Brown’s companies, Terenine, were sued for violating non-disclosure provision of their employee contracts by talking to the Times Free Press. The three now dispute some of the quotes attributed to each of them.
Though Brown and his representatives declined repeated requests for interviews prior to the initial publication, a spokesman for Brown now claims the story paints an inaccurate picture of his businesses.
“Each of the businesses mentioned in the article are distinct entities and possess all applicable licenses required by the legal authorities that govern them,” Ron Beaver, chief operating officer for Terenine, said in a letter to the Times Free Press.
Beaver said Credit Payment Services is a service provided to payday lenders and does not make loans directly to consumers and therefore does not have to be licensed as a payday lender.