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Arizona Interest Rates Laws


More Information on Interest Rate Laws

Legal Maximum Rate of Interest10% per year; any rate may be agreed and contracted upon (§44-1201)
Penalty for Usury (Unlawful Interest Rate)Forfeit all interest (§44-1202); usurious payments deemed to be made toward principal; if payments exceed principal, judgment may be given in favor of debtor with interest at rate of 10% (§§44-1203, 1204)
Interest Rates on JudgmentsAt allowable rate or as agreed upon as long as not in excess of that permitted by law (§44-1201)
Exceptions-

Note: State laws are constantly changing -- contact an attorney or conduct your own legal research to verify the state law(s) you are researching.

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