Mesa personal loan rates are governed by Arizona’s Consumer Lender Act (A.R.S. Title 6, Chapter 5). Arizona does not authorize payday loans. Snap Loans Cash is free to use — we never charge you a fee. The limits below are set by Arizona law; your actual rate and payment come from the lender and appear in your loan agreement before you accept.
Loan Rules in Arizona: Rates & Terms at a Glance
| Item | Arizona limit |
|---|---|
| Payday loans | Not authorized (enabling law expired 2010) |
| Maximum cost | 36% APR on loans up to $3,000 (36% + 24% tiered above $3,000) |
| Loan amount | Up to $10,000 (licensed consumer lenders) |
| Term | Installment, set by the lender within the 36% cap |
| Rollovers | Not applicable — no payday loans in Arizona |
Cost example: a $2,000 personal installment loan at the 36% APR cap, repaid over 12 months, costs about $411 in total interest — roughly $201 per month. Source: Arizona DIFI; statute: A.R.S. Title 6, Ch. 5. Verified July 10, 2026.
Arizona loan rules at a glance
| Rule | Arizona limit |
|---|---|
| Legal status | Prohibited |
| Maximum loan amount | $3,000 at the 36% APR cap (licensed consumer loans up to $10,000) |
| Maximum term | Set by the lender (installment loan) |
| Finance charge cap | 36% APR on loans up to $3,000; 36% on first $3,000 + 24% above |
| Rollovers | Not applicable — payday loans are not authorized in Arizona |
| Cooling-off period | Not applicable — Arizona does not offer payday loans; the 36% APR cap is the core protection |
| Statute | Arizona Consumer Lender Act (payday lending expired 2010) — A.R.S. §§ 6-601 to 6-639 |
Source: Arizona Department of Insurance and Financial Institutions (DIFI) · Rules verified July 10, 2026