Please read this disclaimer carefully before using Snap Loans Cash. It explains what our service is, what it is not, and the Arizona rules that apply to consumer loans for Mesa borrowers.
We are a connection service, not a lender
Snap Loans Cash does not lend money, make credit decisions, or charge you any fee. We are a loan-connection service that may match your request with third-party lenders licensed to operate in Arizona. Any loan you receive comes from an independent lender, on that lender’s terms, which you should read in full before you accept.
Arizona consumer loan rules
Arizona does not authorize payday loans — the deferred-presentment law expired in 2010. Consumer loans are instead governed by the Arizona Consumer Lender Act (A.R.S. Title 6, Chapter 5). Under Arizona law:
- The cost of a consumer loan is capped at a 36% APR on amounts of $3,000 or less.
- On larger loans, the cap is 36% on the first $3,000 plus 24% on any amount above $3,000.
- Payday (deferred-presentment) loans are not permitted — the two-week, triple-digit-APR product is illegal in Arizona.
- Loans are repaid as installments on terms set by the lender within the 36% APR cap.
- Lenders serving Arizona residents must hold an Arizona Consumer Lender license.
Cost example
Because of the 36% APR cap, a $2,000 personal installment loan repaid over 12 months costs about $411 in total interest — roughly $201 per month. That is dramatically lower than payday loans in states without a rate cap. Even so, borrow only what you can repay, and consider lower-cost alternatives first.
Regulator and complaints
Arizona consumer lenders are licensed and overseen by the Arizona Department of Insurance and Financial Institutions (DIFI). Rules on this page were verified on July 10, 2026 and may change; always confirm current terms with your lender and the regulator.