And you thought it couldn’t get worse?
November 7, 2008 | Arkansas, industry, states | Comments (0)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.
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