# Arkansas — State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements

For Arkansas, statute citation is Ark. Code Ann. §§ 23-52-201 through 23-52-204 (Act 347 of 2025, HB 1517); product classification is not a loan; not money transmission; not debt collection; free option required is yes — provider shall offer to a consumer at least one reasonable option to obtain proceeds at no cost to the consumer; late fees prohibited is yes — provider shall not charge a consumer a late fee, deferral fee, interest, or any other penalty or charge for failure to pay outstanding proceeds; collection limits is provider shall not compel payment by civil suit, third-party collector, or sale to debt buyer, recorded from its source on 2026-08-18.

- **state:** Arkansas _(verified: appears in the quote below)_
- **statute citation:** Ark. Code Ann. §§ 23-52-201 through 23-52-204 (Act 347 of 2025, HB 1517) _(our reading, not quoted from the source)_
- **product classification:** not a loan; not money transmission; not debt collection _(verified: appears in the quote below)_
- **free option required:** yes — provider shall offer to a consumer at least one reasonable option to obtain proceeds at no cost to the consumer
- **late fees prohibited:** yes — provider shall not charge a consumer a late fee, deferral fee, interest, or any other penalty or charge for failure to pay outstanding proceeds
- **collection limits:** provider shall not compel payment by civil suit, third-party collector, or sale to debt buyer

## What the source says

> not be deemed to be engaging in lending, money 31 transmission, or debt collection in this state, or in violation of the laws 32 of this state governing the sale of, assignment of, or an order for earned 33 but unpaid income, if the provider: 34 (1) Complies with the requirements of this section

## Source

- https://arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2025R%2FPublic%2FHB1517%2FHB1517030620251338.pdf

Last verified: 2026-08-18. Review by: 2027-02-14.
Part of [State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements](https://referencesource.org/state-earned-wage-access-regulations/).