The Disadvantages of Payday Loans in Phoenix, Arizona

Check Into Cash

7333 W Thomas Rd Ste 32, AZ, Phoenix

(623) 866-1143

Cash Time Loan Centers

7430 S 48th St, AZ, Phoenix

(602) 438-0800

PLS Loan Store

4252 W Bethany Home Rd, AZ, Phoenix

(602) 841-5262

Cash Time Loan Centers

3925 N 67th Ave, AZ, Phoenix

(623) 848-6900

Cash Time Loan Centers

8949 N 7th St, AZ, Phoenix

(602) 870-3000

Pls Payday Loan Store

3800 E Thomas Rd, AZ, Phoenix

(602) 956-0014

Broadway Car Connection

1827 W Broadway Rd, AZ, Phoenix

(602) 232-2277

Cash Time Loan Centers

2140 W Camelback Rd, AZ, Phoenix

(602) 841-1011

Check Into Cash

119 E Dunlap Ave Ste 3, AZ, Phoenix

(602) 943-4063

PLS Loan Store

SOUTHERN & Central, AZ, Phoenix

(602) 268-5800

Are you planning to apply for payday loans in Phoenix, Arizona? You should be aware they are no longer legal. The most common complaint people had regarding cash advance in Phoenix was the extraordinarily high annual percentage rate or APR. Simply put, this means you'd have to pay a steep finance charge when you take advantage of a payday loan. Another disadvantage is quick repayment. Loans of this type make use of your next paycheck as collateral, and usually you have to pay off the loan within two weeks (the time when you receive your next pay) or a month. This can be difficult to accomplish, especially since you also have to shoulder a fee on top of the principal amount.