Legal Status
Prohibited
Citation
Consumer Lenders Act applies. Ariz. Rev. Stat. Ann. §§ 6-601 et seq.
Loan Terms
Maximum Finance Rate and Fees: 36% APR Rate Cap for loans less than $3000, effectively prohibiting payday loans.
Prohibited
Consumer Lenders Act applies. Ariz. Rev. Stat. Ann. §§ 6-601 et seq.
Maximum Finance Rate and Fees: 36% APR Rate Cap for loans less than $3000, effectively prohibiting payday loans.