Payday Loans in Tempe, Arizona
Arizona is one of the few states that has a total ban on payday lending. This means that payday loans are illegal and not available throughout the state. This legal status has been in effect since July 2010.
The Arizona state legislature made the decision to put an end to payday lending due to the high interest rates charged by payday lenders and the deceptive and manipulative practices used to entice customers into taking out loans they cannot afford to pay back. It is illegal for any lender, including online payday lenders, to offer payday loans to residents of Arizona.
The fact that payday loans are illegal in Arizona does not mean that residents of Tempe and other Arizona cities do not have access to fast cash. There are still options available. One of the best options for people in Tempe who need money quickly is to apply for a short-term loan from TheGuaranteedLoans.
What Is a Short-Term Loan?
Short-term loans are different from payday loans because the rates and repayment terms are more favorable. These loans are unsecured, meaning you don’t need to put any collateral down to secure the loan. They are also much more affordable than payday loans because the interest rates are significantly lower and the loan can be repaid over a longer period of time.
TheGuaranteedLoans can help you to get short-term loans in Tempe, Arizona. We are an online lending platform, connecting people in need of cash with reliable lenders. Our application process is quick and easy, and our lenders can offer fast funding with flexible repayment terms.
Apply Now
If you are in Tempe and need fast cash, then apply now with TheGuaranteedLoans. We can connect you with a lender who can offer a short-term loan that fits your needs. Fill out our online application and we will put you in touch with a lender who can offer the best loan for your situation. Please note that TheGuaranteedLoans is not a lender and does not make loans or credit decisions.
FAQ
- Are payday loans illegal in Arizona?
Yes, payday loans are illegal in Arizona. The Arizona state legislature banned payday lending in 2010 due to the high interest rates charged by payday lenders and the deceptive and manipulative practices used to entice customers into taking out loans they cannot afford to pay back.
- Can I get a short-term loan in Tempe, Arizona?
Yes, TheGuaranteedLoans offers a short-term loan option for people in Tempe, Arizona. Our online application process is quick and easy, and our lenders can offer fast funding with flexible repayment terms.
- Is TheGuaranteedLoans a lender?
No, TheGuaranteedLoans is not a lender. We are an online lending platform, connecting people in need of cash with reliable lenders.