SEC Form 3

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 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* TINNEY JEFF L (Last) (First) (Middle) 550 HIGHWAY 377 NORTH STE A (Street) WHITESBORO TX 76273 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/20/2007	3. Issuer Name and Ticker or Trading Symbol WORLD ACCEPTANCE CORP [ WRLD ]
		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 of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

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)

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: 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

Explanation of Responses:

	JEFF L TINNEY	08/20/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.