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Download the Arizona promissory note form in order to document an agreement between an individual who lends funds to an individual who promises to pay the funds back within a specified time period with a specified amount of interest.  This form allows the user to choose whether or not the loan will be secured or unsecured and the method of payment.

Usury Rate

Arizona statute states that, “Interest on any loan, indebtedness or other obligation shall be at the rate of ten per cent per annum, unless a different rate is contracted for in writing, in which event any rate of interest may be agreed to.”  Ariz. Rev. Stat. Ann. § 44-1201