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	<title>Payday Pundit &#187; Arkansas Supreme Court payday lending</title>
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	<link>http://paydaypundit.org</link>
	<description>News and Information About The Payday Lending Industry</description>
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		<title>And you thought it couldn&#8217;t get worse?</title>
		<link>http://paydaypundit.org/2008/11/07/and-you-thought-it-couldnt-get-worse/</link>
		<comments>http://paydaypundit.org/2008/11/07/and-you-thought-it-couldnt-get-worse/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 12:06:42 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[Arkansas]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[states]]></category>
		<category><![CDATA[Arkansas Supreme Court payday lending]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=1879</guid>
		<description><![CDATA[The Arkansas Supreme Court declared the 1999 Check Cashing law unconstitutional yesterday.     There were very few lenders left in Arkansas anyway, but it looks like a new law will have to be passed to make payday lending profitable in the state.
Update:  Our friends at RTOonline have posted the decision.
]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://www.pbcommercial.com/articles/2008/11/06/ap-state-ar/d949qjdo0.txt" target="_blank">Arkansas Supreme Court declared </a>the 1999 Check Cashing law unconstitutional yesterday.     There were very few lenders left in Arkansas anyway, but it looks like a new law will have to be passed to make payday lending profitable in the state.</p>
<p><strong>Update:</strong>  Our friends at <a href="http://rtoonline.com/Content/Article/Nov08/Arkansas-check-cashers-act-supreme-court-decision-110708.asp" target="_blank">RTOonline have posted the decision</a>.</p>
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