Personal Loans

Personal loans can be used for any occasion and are flexible

What are Personal Loans?

Personal loans are based on credit and income. If needed, collateral can be used to qualify. They are a great choice for vacation, fixing your car, home improvement, or paying down debt. Personal loans are added as another line of credit to your credit report. Making on-time payments will build your credit whether you have good or bad credit.

These are closed-ended installment loans. Each payment contains a portion that goes to interest and a portion that goes to principle. At the end of the loan, you will have paid the complete balance off. Interest rates for these types of loans are also capped at 36% in the state of Arizona; which is 3% monthly. This is why these loans are more attractive than auto title loans and registration loans; where their interest rates range between 100% to 204% annually.

These loans are great to help you continue to increase your credit score. Most of our customers have been able to increase their score 20+ points in a short time. Take control of your financial future. Apply today to increase your credit score and get the money you need.

How Long Does It Take to Get a Personal Loan?

It can take up to 15 minutes to fill out an application and get you pre-approved for the loan. Then its only a matter of minutes to sign your contract and hand you your money.

If you are in a hurry, we can work out a time best for you. There is no pressure when working with us. We want to ensure you have all the time needed to ask all the questions you have. Apply online to speed up the process.

What if I do not have good credit?

If you do not have great credit, try our auto title loan product. We report your credit history on title loans as well and can help you get into a personal loan faster.

We will need to re-establish your reputation for paying on time. That way, lenders can trust that you will not be late on payments if they lend to you. While the auto title loans are more expensive, it is the cost of building back your credit while we take the added risk. Let’s get you back to great credit!

Couple looking over personal loan papers.

Loans From $1,500 to $10,000

What are the Benefits

to a Personal Loan?

  • Same Day Cash
  • Quick Approval
  • Fixed Rates
  • Fixed Term
  • Fixed Payment
  • Build Credit
  • Friendly and Courteous Staff

Subject to credit approval on personal loans, Subject to Credit worthiness, Subject to value of collateral, Subject to our normal credit policy.

Where to Start?

Submit and online application, come into our office or call today to see if you qualify. A decision is made in less than 15 minutes and you could take a check home in 30 minutes.

What Do I Need to Apply?

Government Issued ID

You can bring a Drivers License, ID, US Passport, Permanent Resident Card

Proof of Income

You can bring your last two paystubs, Social Security Award Letter, Bank Statement, or Income Taxes

Proof of Residence

You can bring a utility bill, apartment lease, or bank statment with current address

Types of Personal Loans

We offer both secured and unsecured personal loans.

Secured personal loans allow someone with limited credit history, access to lower rates for larger loan amounts. Usually, loan amounts are between $2,500 to $10,000. The security is usually a paid-off vehicle.

The vehicle’s value should be 50% higher than the requested loan amount. If the vehicle is restored/salvaged, the value should be 70% higher than the loan amount.

Unsecured personal loans range from $1,500 to $10,000. Usually, these loans are for well-qualified borrowers with many years of credit history at banks and financial institutions. Unsecured personal loans can be funded completely online.

Our Rates and Terms1

$1,500 - $10,000

Loan Amount Range

19.00% - 35.99%

APR Range

12, 24, 36, or 60 Months

Term Lengths

Your terms vary based on personal information like credit history, income, expenses, debts and available collateral. As an example, if you borrowed $3,000 with a 35.99% APR and 60 month term, your payments would be $108.38 per month. This example is based on an average customer with good credit

1 Not all applicants will qualify for larger loan amounts or most favorable loan terms. Larger loan amounts require a first lien on a motor vehicle no more than ten years old, that meets our value requirements, titled in your name with valid insurance. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). APRs are generally higher on loans not secured by a vehicle. Highly-qualified applicants may be offered higher loan amounts and/or lower APRs than those shown above.

2 SonAriz Financial loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z such as college, university, or vocational expenses; for any business or commercial purpose; to purchase securities; or for gambling or illegal activities.

3 Important Notice About Refinancing or Debt Consolidation: Refinancing or consolidating your current debt may result in higher total finance charges if the interest rate is higher or the loan term is longer. You should also carefully consider the impact of increasing your debt, monthly obligations, and length of your repayment term. SonAriz Financial loans include origination fees, which may reduce the amount of additional money that you receive or that is available to pay off existing debts. Visit https://www.sonariz.com/loan-fees/ for more details.

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