Payday Loans in Elgin, Arizona

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Elgin, AZ. Consider companies in other cities:

Company nameAddressZip codePhone number
Friendship Finance 490 Haul Rd, Page, AZ 86040 +1 (928) 645 - 5579
TitleMax Title Loans 501 E Deuce of Clubs, Show Low, AZ 85901 +1 (928) 537 - 7375
Food Distribution Center - Catholic Community Services In Southeastern Arizona 19 Howell Ave, Bisbee, AZ 85603 +1 (520) 432 - 2285
B-4 Payday 3880 Stockton Hill Rd # 105, Kingman, AZ 86409 +1 (928) 757 - 4828
Bay Equity Home Loans 202 W 5th St 2325, Safford, AZ 85546 +1 (928) 322 - 9343
Lendmark Financial Services LLC Elliot Road Retail Center, 744 W Elliot Rd Suite 104, Tempe, AZ 85284 +1 (480) 413 - 9664
Farmers Insurance - Frank Soldano 8911 N Central Ave 103, Phoenix, AZ 85020 +1 (602) 995 - 4427
Bank of America 508 West Allen St, Tombstone, AZ 85638
Wells Fargo Bank 650 W Finnie Flats Rd, Camp Verde, AZ 86322 +1 (928) 567 - 1767
Arizona Loan Center Inc 1450 W Guadalupe Rd, Gilbert, AZ 85233 +1 (480) 635 - 0400

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Elgin, AZ, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Phoenix, AZ, No Credit Check Loans in Prescott, AZ, Payday Loans in Prescott Valley, AZ, Payday Loan for Queen Creek, AZ, Payday Loans in San Luis, AZ, Payday Loans in Scottsdale, AZ, 24-Hour Loan in Sierra Vista, AZ and Guaranteed Loans in Sun City, AZ. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Elgin, AZ.

Beautiful sights of Elgin, AZ

Payday Loans Available in Elgin, AZ By The Following ZIP Codes:

85611

Are Payday Loans Legal In Elgin, Arizona?

Payday Lending is Prohibited in Arizona

Arizona Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

Elgin, AZ payday loan calculator

Understanding Payday Loans in Elgin, Arizona: What You Need to Know

Payday loans are often marketed as easy-to-obtain solutions to unexpected financial issues. However, residents of Elgin, Arizona should be aware that payday loans are prohibited in the state. It is important to understand why these loans are not allowed and what alternatives are available.

Why are Payday Loans Prohibited in Arizona?

Payday loans are high-interest loans intended to be repaid within a short period, often within just a few weeks. They provide quick cash for borrowers, but often come with extremely high interest rates that can quickly spiral out of control.

In 2008, Arizona voters chose to ban payday loans in the state. The reason for the ban was based on a concern for consumers and the high interest rates these loans bring. Interest rates on payday loans in Arizona used to be as high as 400%, making these loans almost impossible to repay without incurring additional borrowing costs.

Alternatives to Payday Loans in Elgin, Arizona

While payday loans are not an option for Elgin residents, there are several alternative available:

  • Credit unions in Elgin can offer small-dollar loans with lower interest rates and more flexible repayment options than traditional payday loans.
  • Elgin residents can explore other forms of lending, such as personal loans or credit lines from banks or online lenders. These options often have more favorable terms and lower interest rates than payday loans.
  • For individuals who are experiencing financial hardship, there may be some public assistance programs available in Elgin, Arizona.
  • Budgeting and credit counseling services can also help residents of Elgin who are struggling with debt and need help managing their finances.

Interesting Facts about Payday Loans in Elgin, Arizona

  • Prior to the payday loan ban in Arizona, lenders were caught engaging in predatory lending practices such as offering borrowers cash incentives to take out high-interest loans.
  • As of 2021, there are no payday lenders operating in the state of Arizona. Consumers should be wary of online lenders or any entity that claims to offer payday loans. These are often scams and can lead to significant financial harm.
  • The average payday loan borrower in the United States takes out eight loans per year, often to pay off previous loan debts.

Apply Now for Alternatives to Payday Loans in Elgin, Arizona

If you are a resident of Elgin, Arizona facing unexpected financial difficulties, TheGuaranteedLoans can help connect you with potential lenders offering alternative solutions. We are not a direct lender and do not make credit decisions. Instead, we are a connector service that matches borrowers with lenders based on their financial needs.

To get started, fill out our online application today. You can receive a response quickly and may be connected with reputable lenders offering personal loans, credit lines, or other forms of lending that can help you manage your finances without incurring high-interest debt.

F.A.Q.

Can I be charged with a crime for taking out a payday loan in Elgin, Arizona?

It is illegal for lenders to offer payday loans in Elgin, Arizona, so borrowers cannot be charged with a crime for taking out a payday loan. However, lenders may face criminal charges for engaging in illegal lending practices.

What should I do if I have already taken out a payday loan in Elgin, Arizona?

If you have already taken out a payday loan in Elgin, Arizona, you should contact the lender to try to negotiate a repayment plan. If the lender is unwilling to work with you, you may want to seek out alternative forms of financing or seek legal advice.