A: An Advance Fee Loan Broker is a person, who for an advance fee or in the expectation of an advance fee, either directly or indirectly, makes, procures, offers, or attempts to make or procure a loan of money or extension of credit. Advance Fee Loan Brokers are regulated by AZDFI under A.R.S. §§ 6-1301 – 1310. The statutes relating to Advance Fee Loan Brokers do not apply to certain exempted persons, including banks, savings banks, trust companies, savings and loan associations, credit unions, insurance companies, consumer lenders or profit sharing and pension trusts. For a complete list of persons that are excluded from the definition of “Advance Fee Loan Broker,” please refer to A.R.S. §§6-1302(B).