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Study Finds 33 Payday Lenders Still Operating In Arkansas (The Morning News)
LITTLE ROCK -- The number of payday lending institutions in Arkansas has steadily dwindled since the state attorney general threatened in March to sue over their practice of charging interest rates that exceed the state usury limit, a survey released Thursday showed.
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Payday loan sales come under fire (BBC News)
Online payday loan companies are using increasingly aggressive marketing tools, according to debt advisors.
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State down to just 33 payday lenders, study says (The Russellville Courier)
By Andrew DeMillo Associated Press writer LITTLE ROCK (AP) — The number of payday lenders operating in Arkansas has dropped by about 86 percent since the state’s top attorney threatened legal action over their high-interest loans, a new study said.
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Payday Lending Business Picks Up Across State Line (KTAL Shreveport)
People are driving to Texarkana, Texas to get fast cash. A crack down on payday lenders in Arkansas caused nearly all stores to close. In March, the state ordered lenders to lower outrageous interest rates and forgive debts. Stores have until October 15th to meet these requirements or close.
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Payday lenders seeing upswing (Bowling Green Daily News)
It’s a Friday afternoon, and Ronald Salvador is rushing from work to pay off his loan.
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Study: Arkansas down to just 33 payday lenders (Texarkana Gazette)
LITTLE ROCK—The number of payday lenders operating in Arkansas has dropped by about 86 percent since the state’s top attorney threatened legal action over their high-interest loans, a new study says.
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Number Of Payday Lenders Drops To Just 33 From 237 (KHBS - KHOG Fort Smith - Fayetteville)
The group Arkansans Against Abusive Payday Lending said Thursday there are now just 33 payday lenders making loans.
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Study says just 33 payday lenders remain in Arkansas (KY3 Springfield)
Attorney General Dustin McDaniel sent a cease-and-desist letter to payday loan outlets in March.
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Number of Payday Lenders Shrinks to 33 Since AG's Order (Arkansas Business)
A coalition opposing payday lenders announced Thursday that another 65 of the lenders have stopped making loans, bringing the total number in the state to 33 from 237 in March.
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10:15 a.m. - Payday Lending Meltdown in Arkansas (KARK Little Rock)
The Arkansans Against Abusive Payday Lending (AAAPL) coalition today announced that a survey of payday lenders indicates another 65 payday lenders have stopped making loans, shrinking the statewide total to just 33—a significant decline from 237 in March of this year.
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