Title & Installment Loans in Arizona

Lending rules in Arizona

General rules

• A licensed consumer lender can charge at most 36 percent a year on a consumer loan of $3,000 or less. Source: A.R.S. § 6-632(A)(1) · verified Oct 9, 2026
• On the part of a consumer loan above $3,000 the rate is at most 24 percent a year (36 percent on the first $3,000). Source: A.R.S. § 6-632(A)(2)(a) · verified Oct 9, 2026
• The consumer lender law covers closed-end loans of $10,000 or less. Source: A.R.S. § 6-601(7) · verified Oct 9, 2026
• Interest is 10 percent a year unless a different rate is agreed in writing. Source: A.R.S. § 44-1201(A)(2) · verified Oct 9, 2026

Payday loans (deferred presentment)

• Payday loans are not legal in Arizona: the law that allowed deferred presentment (payday) lending expired on June 30, 2010 and the state no longer licenses payday lenders. Consumer loans above 36 percent a year (plus authorized fees) have been illegal since July 1, 2010. Source: Former A.R.S. §§ 6-1251 to 6-1263 (expired 2010-06-30); DIFI FAQ · verified Oct 9, 2026

Installment and consumer finance loans

• A licensee can charge a late fee of 5 percent of any installment not paid in full within seven days of its due date. Source: A.R.S. § 6-635(A)(1) · verified Oct 9, 2026
• If a precomputed consumer loan is prepaid in full, the lender must refund the precomputed finance charges that apply to the fully unexpired months. Source: A.R.S. § 6-634(B) · verified Oct 9, 2026

Pawn loans

• A pawnbroker must be licensed by the sheriff of the county where it does business, with a separate licence for each pawnshop. Source: A.R.S. § 44-1627(A)-(B) · verified Oct 9, 2026

Lenders in Arizona are licensed by the Arizona Department of Insurance and Financial Institutions (DIFI). You can look up any license in its license search. See also online lenders and apps in Arizona.