Payday Pundit » Morning News (AR) http://paydaypundit.org News and Information About The Payday Lending Industry Mon, 21 Jun 2010 21:00:48 +0000 http://wordpress.org/?v=2.9 en hourly 1 Some Arkansas payday lenders stay open http://paydaypundit.org/2008/04/10/some-arkansas-payday-lenders-stay-open/ http://paydaypundit.org/2008/04/10/some-arkansas-payday-lenders-stay-open/#comments Thu, 10 Apr 2008 16:13:41 +0000 Payday Pundit http://paydaypundit.org/?p=1010 This article says some Arkansas payday lenders have tweaked their business model to operate under different regualtions.  From the article:

“One model involves cashing checks and charging membership fees,” Allen said. “It’s only limited by a person’s creativity. 

“The idea is for them to separate as much as possible the interest from the loan,” Allen said.

The entire article can be read here.

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