Unconstitutional Usury in Arkansas
Did everyone see this news story from Arkansas? It looks like usury is alive and well and coming after payday lenders.
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Hey, maybe you should refer to a July update instead of the original March article: http://www.arkansasbusiness.com/article.aspx?aid=106595.54928.118724
Lede: "A third of the payday lenders that Attorney General Dustin McDaniel ordered to shut down or face the possibility of lawsuits have remained open and restructured their businesses to avoid state regulation, an advocacy group said in a report released Wednesday."
Posted by: Tarsus4 | August 25, 2008 at 07:47 AM
awesome! thanks for the supplement!
Posted by: John Pottow | August 25, 2008 at 01:25 PM