UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
July 27, 2007

WORLD ACCEPTANCE CORPORATION
(Exact name of registrant as specified in its charter)

South Carolina
  
0-19599
  
57-0425114
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(IRS Employer Identification No.)

108 Frederick Street, Greenville, South Carolina
  
29607
(Address of principal executive offices)
  
(Zip Code)

Registrant’s telephone number, including area code
(864) 298-9800

n/a
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Item 8.01.    Other Events. 
     
On July 27, 2007 we issued a press release announcing the approval of our board of directors of the repurchase of up to $10 million of our common stock. A copy of this press release is filed as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d)
Exhibits.
  
     
 
Exhibit Number
Description of Exhibit
 
99.1
Press release issued July 27, 2007
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
WORLD ACCEPTANCE CORPORATION
(Registrant)
 
 		  
 		  
 
Date: July 27, 2007  By:   /s/ Kelly M. Malson
 
Kelly M. Malson
  Chief Financial Officer
 
 
EXHIBIT INDEX

Exhibit
Description
   
99.1
Press Release dated July 27, 2007