Arkansas Interest Rate & Usury Laws

SUMMARY: Arkansas Maximum Interest Rate

  • A maximum of 17% annually

Arkansas Statute

 

From Amendment 89, Section 3: OTHER LOANS

 

The maximum lawful rate of interest on loans or contracts not described in Sections 1 and 2 shall not exceed seventeen percent (17%) per annum.

 

Disclaimer

 

This information may or may not be the full scope of Arkansas’s interest and usury laws.  Many States may, from time to time, adjust their statutes pertaining to allowable interest and usury rates as well as exceptions.  Be sure to review the Arkansas Interest & Usury statute in its entirety and consult with a relevant attorney if you have any specific questions.

 

Additional Resources