Pima at a glance
- Population: 3,036 residents, the 72nd-largest of 91 places in Arizona (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,844 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: a gain of roughly 6.8% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arizona places: 72nd largest of 91 (US Census Bureau).
- Size percentile: it exceeds roughly 21% of Arizona's Census places by population (US Census Bureau).
- Coordinates: mapped at 32.8919, -109.8443 by the US Census Bureau Gazetteer.
- Nearest larger cities: Thatcher, AZ (7 mi); Safford, AZ (9 mi); Clifton, AZ (34 mi); Willcox, AZ (44 mi); Globe, AZ (62 mi); each population is a US Census Bureau estimate.
- Smaller places nearby: Duncan, AZ (45 mi); Virden, NM (51 mi); Mammoth, AZ (53 mi), per US Census Bureau estimates.
What a personal loan costs in Pima
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Arizona lending rules that apply in Pima
The table lists the Arizona rules that apply to a loan made in Pima, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Pima
The steps below are worth completing first when you borrow in Pima:
- 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.