Payday Loans in Arkansas
Payday loans are illegal under current Arkansas law. The state also requires an annual percentage rate cap on such loans at 17% and online lending is also prohibited.
Legal Framework for Payday Lending in Arkansas
Regulating the fine line of payday lending in Arkansas is the Arkansas Attorney General on Payday Loans.
We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.