Arkansas caps consumer loan interest at 17% under its state constitution, which bars high-cost payday lending. The state's regulators and courts drove payday storefronts out of Arkansas years ago. Short-term borrowers rely on regulated credit-union and nonprofit alternatives instead.
Key limits in Arkansas
- Cost note: 17% constitutional usury cap
Figures can change — always confirm current limits with the official source below before borrowing.
Payday loans aren’t available in Arkansas. Here are options you can use instead:
- Credit-union payday alternative loans (PALs)
- Nonprofit emergency assistance programs
- Employer paycheck advances
- Payment plans with creditors
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.