---
schema_version: "secwatch.filing_event.v1"
accession: "0000108385-26-000011"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2026-05-26T20:35:02+00:00"
generated_at: "2026-05-26T20:36:58.321537+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# World Acceptance obtains temporary covenant relief on credit facility through Sept 2026

## Summary
- Fixed charge coverage covenant lowered to 2.20x (Mar 2026), 2.10x (Jun 2026), and 2.15x (Sep 2026), from 2.25x.
- Consenting lenders received a fee of 0.03% of aggregate commitments for the modification.
- Original 2.25x minimum covenant resumes for fiscal quarter ending Dec 31, 2026 and thereafter.
- Company represents that no event of default exists after giving effect to the modification.

## SEC filing metadata
- accession: 0000108385-26-000011
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2026-05-26T20:35:02+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108385/000010838526000011/0000108385-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000010838526000011/wrld-20260522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000108385-26-000011
- JSON: https://secwatch.observer/filing/0000108385-26-000011.json
- Plain text: https://secwatch.observer/filing/0000108385-26-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.