Payday Loans in Arizona

by admin on March 5, 2008

Payday loans in Arizona are generally permitted under Arizona Code Section 6-1251.  Payday loans in Arizona are limited to loan amounts between $50 and $500, and a lender can not directly or indirectly charge any fee or other consideration for accepting a check for deferred presentment or deposit that is more than 15 per cent of the face amount of the check for any initial transaction or any extension.

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