Eagar at a glance
- Population: 4,437 residents, the 63rd-largest of 91 places in Arizona (US Census Bureau, Vintage 2023).
- 2020 Census base: 4,391 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 1.0% growth over the 2020 Census base (US Census Bureau).
- Rank among Arizona places: 63rd by size among 91 communities (US Census Bureau).
- Size percentile: about 31% of Arizona's Census places are smaller (US Census Bureau).
- Coordinates: 34.1068 / -109.3012, per the US Census Bureau Gazetteer.
- Nearest larger cities: Show Low, AZ (44 mi); Snowflake, AZ (53 mi); Holbrook, AZ (74 mi); Safford, AZ (91 mi); Thatcher, AZ (93 mi), each a US Census place with its estimated population.
- Smaller places close by: Springerville, AZ (5 mi); St. Johns, AZ (28 mi); Pinetop-Lakeside, AZ (38 mi) (US Census Bureau).
What a personal loan costs in Eagar
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Arizona lending rules that apply in Eagar
The table lists the Arizona rules that apply to a loan made in Eagar, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Eagar
A few practical steps will make the process in Eagar less costly:
- 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.