Payday Pundit » Arkansas payday lending http://paydaypundit.org News and Information About The Payday Lending Industry Tue, 22 Jun 2010 01:32:09 +0000 http://wordpress.org/?v=2.9 en hourly 1 Hearing today in Arkansas http://paydaypundit.org/2008/10/30/hearing-today-in-arkansas/ http://paydaypundit.org/2008/10/30/hearing-today-in-arkansas/#comments Thu, 30 Oct 2008 16:31:01 +0000 Payday Pundit http://paydaypundit.org/?p=1804 Well, now that most of the payday lenders in Arkansas have closed, the legal issues are being fought out:

The Arkansas Supreme Court was scheduled to hear oral arguments Thursday in a lawsuit challenging the 1999 Check Cashers Act, which opponents say violates the state constitution by allowing payday lenders to make consumer loans with interest rates of more than 17% annually.

A Pulaski County judge last year ruled that the act was constitutional.

The Payday Pundit will try to find out where this is going.

]]> http://paydaypundit.org/2008/10/30/hearing-today-in-arkansas/feed/ 0 Arkansas must have a booming economy http://paydaypundit.org/2008/09/24/arkansas-must-have-a-booming-economy/ http://paydaypundit.org/2008/09/24/arkansas-must-have-a-booming-economy/#comments Wed, 24 Sep 2008 13:18:11 +0000 Payday Pundit http://paydaypundit.org/?p=1521 Therefore the state can afford to close businesses that pay taxes and employ citizens at good wages.

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