Arkansas Code
Chapter 116 - Refund Anticipation Loan Act
§ 4-116-104. Posting of fee schedules and disclosures

(a) A facilitator shall display a schedule showing the current fees for refund anticipation loans or refund anticipation checks facilitated at the office.
(b) A facilitator also shall prominently display on each fee schedule the following information:
(1) Examples of the interest rates charged for refund anticipation loans in the amounts of:
(A) Two hundred fifty dollars ($250);
(B) Five hundred dollars ($500);
(C) One thousand dollars ($1,000); and
(D) Two thousand five hundred dollars ($2,500);

(2) A legend, centered, in bold capital letters, and in one-inch letters stating: “NOTICE CONCERNING REFUND ANTICIPATION LOANS”; and
(3) The following statement: “When you take out a refund anticipation loan, you are borrowing money against your tax refund. If your tax refund is less than expected, you will still owe the entire amount of the loan. If your refund is delayed, you may have to pay additional costs. YOU CAN USUALLY GET YOUR REFUND IN 8 TO 15 DAYS WITHOUT PAYING ANY EXTRA FEES AND TAKING OUT A LOAN. You can have your tax return filed electronically and your refund direct deposited into your own bank account without obtaining a loan or paying fees for an extra product.”

(c)
(1) The postings required by this section shall be made in no less than 28-point type on a document measuring no less than sixteen inches by twenty inches (16" x 20").
(2) The posting required in this section shall be displayed in a prominent location at each office where the facilitator is facilitating refund anticipation loans.

(d) A facilitator shall not facilitate a refund anticipation loan or refund anticipation check unless;
(1) The disclosures required by this section are displayed; and
(2) The fee charged for the refund anticipation loan or refund anticipation check is the same as the fee displayed on the schedule.