Car Title Loans in Arkansas2026 Guide
Arkansas has a constitutional interest rate cap that prohibits title loans.
Legal Status & Regulations
Governing Law
Ark. Const. art. 19, § 13
Last Reviewed: April 2026
Law Summary
The Arkansas Constitution (art. 19, § 13) explicitly caps interest rates for most consumer loans at 17% per annum. This constitutional mandate effectively bans the high-interest title loan industry in the state. Lenders attempting to charge rates above this limit face severe penalties, and the loans are considered void as to both principal and interest.
Real Rate Example in Arkansas
A $1,500 loan in Arkansas at a typical market rate of APR over 30 days would result in approximately $150 in interest and fees. Always compare multiple offers to find the most competitive rate.
What Documents You Need
- A clear vehicle title in your name
- A valid government-issued ID (Driver's License)
- Proof of residency (Utility bill, etc.)
- Proof of income or ability to repay
- The vehicle itself for a quick inspection
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Max Loan Amount
N/A
Max APR / Rate
N/A
Loan Term Range
Varies
Governing Body
Arkansas State Bank Department