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Compare your loan options in Phoenix, Arizona

Read our guide on payday loans in Phoenix before you apply.


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Editor's choice: OppLoans Installment Loans

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  • Easy online application
  • Quick approval
  • Long repayment terms
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You won’t be able to get a payday loan anywhere in Arizona, including Phoenix, but you do have other options that might help you when you find yourself in a tight financial spot.

Are payday loans legal in Phoenix?

No, payday loans are prohibited in all of Arizona including Phoenix. If a lender wants to provide a consumer loan in Phoenix, it has to abide by Arizona Revised Statutes 6-601 et seq. The same laws also apply to out-of-state lenders that seek to provide online loans to residents of Phoenix. This comes after the new law that came into effect on July 1, 2010.

No lender can charge more than 36% APR for a loan. Since most payday lenders charge far more than that, they no longer offer their services in Phoenix.

Why are payday loans illegal in Phoenix?

Arizona lawmakers determined that the high interest rates charged by payday lenders, usually into the hundreds of percents, was a predatory practice designed to keep people in debt. This is a common opinion held by many consumer advocate groups and lawmakers of other states, so in 2010, APR was capped at 36%.

All cities in the state are required to abide by this law. This means payday lenders must either close up shop or start offering loans at this APR.

Read about changes to Arizona payday laws here

How else can I get extra money in Phoenix?

Compare possible loan options in Phoenix, Arizona

Data indicated here is updated regularly
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
OppLoans Installment Loans
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
 Check Into Cash Installment Loans
1 to 2 business days
Bank account, email address, phone number, US citizen or permanent resident, ages 21+, $3,500 minimum income in California
Borrow money with lower payments and more time to pay than a traditional payday loan.
Fast5kLoans Short-term Loans Connection Service
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
Possible Finance Mobile Installment Loans
As fast as 1 business day
Checking account with 3+ months of banking history, $750+ monthly income, live in eligible state, ages 18+
Borrow up to $500 with just a few swipes — but only for residents of 5 states.
Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.
With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
CashNetUSA Loan
Varies by state
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.

Compare up to 4 providers

Are there any alternatives to loans?

  • Find a local assistance program. The state of Arizona has options to help you if you’re struggling to make ends meet. Programs like the Cash Assistance Programs and the Low Income Home Energy Assistance Program (LIHEAP) are there for residents of Arizona.
  • See if you can get an advance on your credit card. If you have a credit card and haven’t maxed it out, you could take out an advance on the remaining line of credit. This option can be expensive, but when you need a little extra cash, it can make a difference.
  • Talk to your creditors. Although it may seem like a waste of time, explaining your financial situation to your creditors can help you negotiate a lower payment or a new schedule.

You can browse some more of your alternatives here

Installment loan locations in Phoenix, AZ

Installment loan locations in Phoenix

  • USA Cash Services. 8831 N 19th Ave, Phoenix, AZ 85021
  • CASH 1 Loans. 4246 W Northern Ave, Phoenix, AZ 85051
  • CASH 1 Loans. 1728 W Bell Rd, Phoenix, AZ 85023
  • CASH 1 Loans. 2415 E Thomas Rd #2, Phoenix, AZ 85016
  • CASH 1 Loans. 549 W Thomas Rd, Phoenix, AZ 85013
  • CASH 1 Loans. 4735 E Southern Ave, Phoenix, AZ 85042
  • ACE Cash Express. 2716 W Indian School Rd, Phoenix, AZ 85017
  • Direct Installment Loans. 2824 E Indian School Rd, Phoenix, AZ 85016
  • Maximum Title Loans. 2701 W Northern Ave, Phoenix, AZ 85051
  • Speedy Cash. 1551 E Indian School Rd, Phoenix, AZ 85014
  • Speedy Cash. 4040 N 40th St, Phoenix, AZ 85018
  • Check Into Cash. 4248 W Indian School Rd #101, Phoenix, AZ 85019
  • Check Into Cash. 1510 W McDowell Rd #1, Phoenix, AZ 85007
  • Check Into Cash. 610 E Baseline, Ste C-1, Phoenix, AZ 85040

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