Arkansas Installment Loans
Payday loans are prohibited in the state of Arkansas. No lender can provide an online payday loan as per Arkansas state law. This website should not be used for finding payday loans in Arkansas. However, for short term cash requirements, residents of state of Arkansas can apply for installment loans which are available from $1000.
If you need cash for short term in the state of Arkansas then you can find an installment loan from $1000 using our smart search facility available online. Please note that amount of loan approved depends upon your income level, employment status and other factors which are governed by the lending policy of individual lenders.
Loan Term and Interest Rate
Installment loans in Arkansas are typically available for upto 6 months with bi-weekly or monthly payment schedules. The interest rate is capped at 36% per year for small cash loans. A borrower is allowed to take onlyone loan at a time and can not take a second loan to pay off existing loans.