Arizona Payday Loan Laws
 | Min Term of Payday Loan: | 5 days | | Max Fees and Finance Charges: | 15% | | Maximum Loan Amount: | $50-$500 | | Number of Rollovers: | 3 (Extensions) | | Outstanding loans allowed at one time: | 1 | | Cool-off period: | Not specified | | Military Protection: | Not specified | | Payment Plan: | Not specified | | Limits on collection and presentment: | Not specified | | Collection fees: | $25 NSF fee + actual charges assessed by the financial institutions | | Presentment Limit: | Not specified | | Penalties: | Civil Fines, Suspension or revocations of license; Cease and Desist Order; Criminal | | Private right of action: | Not specified |
Arizona Payday Loan Laws:
A borrower may have only one outstanding payday loan at one time and the face amount, exclusive of any fees, cannot be more than five hundred dollars with three rollovers. Several bills introduced in the 2005 Legislative Session amend requirements for payday lenders, and loans.
| Payday Loan Laws: |
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