This license is required of any person that advertises to make or procure, solicits, or holds themselves out as willing to make or procure or makes or procures a loan of $10,000 or less or a revolving loan of not more than $10,000.
Who is exempt from this License? Please review A.R.S. §6- 602.
Inquiries concerning the preparation and filing of License and renewal applications with the Department should be directed to the Licensing Division at 602-771-2800 or e-mail at [email protected]. For more detailed contact information, see the “Contact Us” tab.
Forms and Fees
Application Fees and Forms for Consumer Lenders
Arizona Revised Statues §6-126 et seq.
The following nonrefundable fees are payable to AZDFI with the filing of the following applications:
Laws, Rules & Substantive Policy Statements & Regulatory Alerts
Arizona Revised Statutes
Article 1 General Provisions
6-603 License; contents of application; fees; nontransferable
6-604 Issuance of license; license year; requirements
6-605 Denial of renewal; suspension; revocation
6-606 Business limited to licensed locations; restrictions
6-607 Books; accounts; records; access
6-608 Annual report of licensee; civil penalty for failure to
6-609 Reporting rates; change in rates; quarterly report of s
6-610 Effect of revocation, suspension or surrender on preexi
6-611 Prohibited acts
6-613 Restrictions; voidable loans
6-615 Foreign loans; reciprocity
Article 2 Requirements for Consumer Lender Loans
6-631 Disclosures; penalty
6-632 Finance charges
6-633 Computation of finance charges
6-634 Precomputation of consumer loan
6-635 Other allowable fees; annual reporting
6-636 Insurance securing loan; cancellation; notice
6-637 Term; payments
6-638 Other insurance
6-639 Loans from theft or fraud; consumer not responsible; cor
Chapter 5 CONSUMER LENDERS
Arizona Administrative Code Title 20
ARTICLE 5. SMALL LOANS
R20-4-503. Adjustments in Precomputed Charges
R20-4-508. Cut-off Date for Computing Refunds upon Early Repayment in Full
R20-4-518. Deferral Fee
R20-4-519. Deferment Statement
R20-4-524. Books, Accounts, and Records
Substantive Policy Statements
ARTICLE 6. CONSUMER LENDERS
SALE OF INSURANCE CL-1
DUAL LICENSES CL-2
ARTICLE 1. GENERAL ADMINISTRATION
CREDIT REPORTS/ARREST RECORDS GE-3
Regulatory and Consumer Alert CL/CO-16-01
It is the policy of AZDFI to select the most effective and efficient methods of conducting examinations so that significant risks affecting safety and soundness, as well as substantive statutory compliance, can be identified and, if necessary, appropriate supervisory action taken. Judgment must be utilized to ensure that necessary procedures are performed and ineffective activities are avoided.
The examination fee in accordance with A.R.S. §6-125 is not more than sixty-five dollars per hour for each examiner. The assessment late penalty is fifty dollars for each day after the thirty day period the enterprise fails to remit the assessment not to exceed the examination assessment amount.
Pursuant to A.R.S. 6-122(3) examination frequency is at the Superintendent’s discretion.
For questions concerning examination of your company or license, please contact the Financial Enterprise Division at 602-771-2800 or e-mail to [email protected].