Douglas at a glance
- Population: 15,638 — 37th in Arizona, which has 91 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 16,534 residents here (US Census Bureau).
- 2020 to 2023 change: a loss of about 5.4% since the 2020 count (US Census Bureau).
- Rank among Arizona places: 37th-largest of 91 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 59% of places in Arizona are smaller (US Census Bureau).
- Coordinates: 31.3993 / -109.5413, per the US Census Bureau Gazetteer.
- Nearest larger cities: Sierra Vista, AZ (47 mi); Nogales, AZ (82 mi); Sahuarita, AZ (91 mi); Tucson, AZ (94 mi); Oro Valley, AZ (110 mi); US Census Bureau population estimates.
- Nearest smaller places: Bisbee, AZ (23 mi); Tombstone, AZ (39 mi); Huachuca City, AZ (50 mi) (US Census Bureau estimates).
What a personal loan costs in Douglas
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Arizona lending rules that apply in Douglas
The sourced rows below are the rules a licensed lender must follow when lending in Arizona, and therefore in Douglas.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer lender license required from the deputy director (A.R.S. Title 6, Chapter 5); at least $25,000 in assets readily available per licensed office; license not transferable Source says: "shall not engage in the business of a consumer lender without first being licensed as a consumer lender". | Arizona State Legislature — A.R.S. § 6-603 as of 2026-09-16 |
| State lending regulator | Arizona Department of Insurance and Financial Institutions (DIFI) Source says: "The Arizona Department of Insurance and Financial Institutions (DIFI)". | Arizona Department of Insurance and Financial Institutions (DIFI) as of 2026-09-16 |
| Consumer lender loan rate caps (§ 6-632) | Consumer loans: 36% per year on principal up to $3,000; for larger loans, 36% on the first $3,000 and 24% above $3,000 Source says: "a consumer loan rate of thirty-six per cent"; "a consumer loan rate of twenty-four per cent on that part of the principal amount greater than three thousand dollars". | Arizona State Legislature — A.R.S. § 6-632 as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per year default; any rate may be agreed in writing (other than medical debt) Source says: "interest shall be at the rate of ten percent a year, unless a different rate is contracted for in writing". | Arizona State Legislature — A.R.S. § 44-1201 as of 2026-09-16 |
| Payday lending status | Not permitted — payday lending authorization expired June 30, 2010; DIFI no longer licenses payday lenders; consumer loans over 36% APR illegal since July 1, 2010 Source says: "The law allowing payday loans in Arizona expired on June 30, 2010. DIFI no longer licenses payday lenders." | Arizona Department of Insurance and Financial Institutions (DIFI) as of 2026-09-16 |
How to compare offers in Douglas
The steps below are worth completing first when you borrow in Douglas:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Arizona using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.