Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  TINNEY JEFF L
 2. Date of Event Requiring Statement (Month/Day/Year)
08/20/2007		 3. Issuer Name and Ticker or Trading Symbol
WORLD ACCEPTANCE CORP [WRLD]
(Last)
(First)
(Middle)
550 HIGHWAY 377 NORTH STE A		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, WESTERN DIVISION
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WHITESBORO, TX 76273		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock options, right to buy 10/17/2001 10/17/2011 common 600 $ 8.39 D  
stock options, right to buy 10/24/2002 10/24/2012 common 400 $ 8.29 D  
stock options, right to buy 10/24/2007 10/24/2012 common 400 $ 8.29 D  
stock options, right to buy 10/24/2003 10/24/2013 common 600 $ 16.55 D  
stock options, right to buy 10/24/2007 10/24/2013 common 600 $ 16.55 D  
stock options, right to buy 10/24/2008 10/24/2013 common 600 $ 16.55 D  
stock options, right to buy 10/28/2004 10/28/2014 common 1,200 $ 23.53 D  
stock options, right to buy 10/28/2007 10/28/2014 common 600 $ 23.53 D  
stock options, right to buy 10/28/2008 10/28/2014 common 600 $ 23.53 D  
stock options, right to buy 10/28/2009 10/28/2014 common 600 $ 23.53 D  
stock options, right to buy 11/09/2005 11/09/2015 common 600 $ 28.29 D  
stock options, right to buy 11/09/2007 11/09/2015 common 600 $ 28.29 D  
stock options, right to buy 11/09/2008 11/09/2015 common 600 $ 28.29 D  
stock options, right to buy 11/09/2009 11/09/2015 common 600 $ 28.29 D  
stock options, right to buy 11/09/2010 11/09/2015 common 600 $ 28.29 D  
stock options, right to buy 11/08/2007 11/08/2016 common 800 $ 49 D  
stock options, right to buy 11/09/2008 11/08/2016 common 800 $ 49 D  
stock options, right to buy 11/09/2009 11/08/2016 common 800 $ 49 D  
stock options, right to buy 11/09/2010 11/08/2016 common 800 $ 49 D  
stock options, right to buy 11/09/2011 11/08/2016 common 800 $ 49 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TINNEY JEFF L
550 HIGHWAY 377 NORTH STE A
WHITESBORO, TX 76273		       SVP, WESTERN DIVISION  

Signatures

JEFF L TINNEY 08/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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