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Ark. Official Goes After Payday Lenders

Wednesday, Mar 19, 2008

By Andrew Demillo
THE ASSOCIATED PRESS

LITTLE ROCK, Ark. (AP) — Arkansas' attorney general moved Tuesday to shut down payday lending companies in the state, saying the fees they charge harmed the working poor and violated the state constitution's ban on high-interest loans.

To read the full story, visit: http://ap.google.com/article/ALeqM5hLl2TdWEBEv0Y3X9KYdBd-MYLL3gD8VG2CQG0

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