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Instead, states have set their own standards through payday frequency laws. The most common pay periods are weekly, biweekly, semi-monthly, and monthly. No states allow bimonthly pay schedules. In most states, paying at least semi-monthly is acceptable, but some states have more stringent requirements.Are payday loans legal in Arkansas?
No. Payday loans aren’t legal in Arkansas. The Check Casher Act, as defined by Arkansas Code 23-52-101 et. seq, was repealed in 2011.