Arkansas Pine Bluff - online payday loans
Date: Sun, 08/12/2012 - 11:01
As far as I know payday lending is legal in Arkansas. You owe bo
As far as I know payday lending is legal in Arkansas. You owe both the principal and interest, if you have taken out a loan. Go through this page to know the state pdl laws: http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Payday lending is NOT legal in Arkansas. Arkansas State Infor
Payday lending is NOT legal in Arkansas.
Arkansas State Information:
Legal Status: Prohibited (Check Casher Act, Ark. Code Ann. 23-52-101 et. Seq., repealed 2011)
Citation: Usury cap in Arkansas Constitution applies. Ark. Const. Amend. 89 ?? 3.
Small Loan Rate Cap: 17% per year set by ballot in 2010
Arkansas Attorney General
Office of the Attorney General
323 Center Street, Suite 200
ator: Little Rock, Arkansas 72201
Phone: 800-482-8982
Ohio, I knew that payday loans are legal in Arkansas. Thanks for
Ohio, I knew that payday loans are legal in Arkansas. Thanks for the information. Can you please share any authentic resource (gov site) with us where we can know about the Arkansas payday loan laws in details?
Again, payday loans are NOT legal in Arkansas. See the Check
Again, payday loans are NOT legal in Arkansas.
See the Check Casher Act, Ark. Code Ann. 23-52-101 et. Seq., repealed 2011
and
Usury cap citation: Arkansas Constitution (Ark. Const. Amend. 89 ?? 3)
[FONT="] [QUOTE][/FONT] Constitution Of The State Of Arkan
[FONT="] [QUOTE][/FONT]
Constitution Of The State Of Arkansas Of 1874
[FONT="]AMENDMENTS TO THE CONSTITUTION OF ARKANSAS OF 1874 AMEND. 89. [GOVERNMENTAL BONDS AND LOANS ??? INTEREST RATES - ENERGY EFFICIENCY PROJECTS (CONST. ART. 19, ?? 13 REPEALED, CONST. AMEND. 30, ?? 5, AMEND. 38, ?? 5, AMEND.[/FONT]
62, ?? 1, AMEND. 65, ?? 4, AND AMEND. 78, ?? 2 AMENDED)]. ?? 3. Other Loans. The maximum lawful rate of interest on loans or contracts not described in Sections 1 and 2 shall not exceed seventeen percent (17%) per annum.
[FONT="][/QUOTE][/FONT]
Are you referring to this? Can you highlight the section where it is written that payday loans are illegal in Arkansas? It will be helpful for all the forum members. I just want to know the law in details.