Loans in Arkansas: payday, personal & title loan laws (2026)
Payday Loans Not available
Payday lending is effectively prohibited in Arkansas by the state constitution.
Personal Loans
17% a year maximum for non-bank lenders, set by the state constitution.
Title Loans Not available
The same 17% constitutional cap applies to car-title loans from non-bank lenders.
Arkansas at a glance
Counties in Arkansas
Cities in Arkansas
Frequently asked questions
Are payday loans legal in Arkansas?
Payday lending is effectively prohibited in Arkansas by the state constitution. Amendment 89 caps interest on loans not made by governments or Arkansas-based federally insured banks at 17% a year. Contracts above that are void as to principal and interest.
How much do payday loans cost in Arkansas?
17% per year maximum interest on loans covered by Amendment 89 § 3. In 2008 the Attorney General told payday lenders that payday fees count as interest and that relying on the Check-Cashers Act as a defense was misplaced.
Are title loans legal in Arkansas?
The same 17% constitutional cap applies to car-title loans from non-bank lenders. Contracts above the cap are void as to principal and interest.
What interest can title lenders charge in Arkansas?
17% per year.
Is there a cap on personal loan interest rates in Arkansas?
17% a year maximum for non-bank lenders, set by the state constitution.
Can I get a personal loan with bad credit in Arkansas?
Yes, some lenders in our network work with fair or bad credit, but approval is not guaranteed and rates are higher. Licensed lenders in Arkansas must follow the state's consumer-lending rules shown above; tribal and bank-partner lenders may follow different rules, so compare the APR on every offer.