Legal Status
Prohibited - Usury Cap applies
Citation
Check Casher Act, Ark. Code Ann. 23-52-101 et. Seq., repealed 2011
Loan Terms
Maximum Finance Rate and Fees: 17% Usury Cap, effectively prohibiting payday lending.
Prohibited - Usury Cap applies
Check Casher Act, Ark. Code Ann. 23-52-101 et. Seq., repealed 2011
Maximum Finance Rate and Fees: 17% Usury Cap, effectively prohibiting payday lending.