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Payday loan interest rates at 644 percent

Arkansas payday loans interest rates reached a high of 644%, but that has been resolved recently. Paotyday lenders in Arkansas agreed to stop loaning at 644% interest, according to the Arkansas attorney general. Payday loans are known to have relatively high interest. Read more by clicking the following link: http://www.courthousenews.com/2012/08/22/49527.htm


In terms of bankruptcy, payday loans,also called payday advance, can be discharged in bankruptcy.