If you’re having a little trouble making it to your next payday, you’ve come to the right place. Here at Payday Today, we help individuals in your situation on a daily basis. The payday loan application process is quick, easy, and painless. The application takes mere minutes to complete, and your funds will be distributed to your bank account the morning after you submit your application.
If a Payday Loan doesn’t quite sound like the perfect option for you, consider one of the other options we offer, including credit cards, personal loans, debt consolidation, and credit counseling. Don’t worry about your credit history; we offer many of our loan programs as Bad Credit options.
Payday lending is legal in Arkansas, but state legislature does regulate how payday lending is practiced. Many of these laws are in place to protect borrowers from predatory lending. For example, all check cashiers must post a clear and undisputable schedule of all fees for cashing checks, the sale or issuance of money orders, and the initial issuance of any identification card. The check cashier must also clearly post acceptable identification alternatives at each check station. Arkansas also has strict laws concerning the fees that lenders may charge borrowers for services rendered. Identification cards may cost no more than five dollars. Although there are many other fee stipulations, the main fee regulation concerning checks is as follows: they may not charge any more than ten percent for any personal check or money order.
As of March 2006, there were 275 Payday lenders in Arkansas.
As of January 2006, the unemployment rate in Arkansas is 5.1. In January of 2005, the unemployment rate was 6.1; this is a noticeable reduction for a year’s span. The unemployment rate in Arkansas has not changed more than three points over the last ten years.
As of January 2006, the number of unemployed Arkansas residents was 6,9336.