AZ HB2161

Increases minimum net worth requirement for payday loan licensees from $50,000 to $100,000 per location (up to $2 million maximum) and requires licensees to maintain this net worth.

Requires payday lenders to verify customers don't exceed $500 in outstanding deferred presentment transactions using a superintendent-certified consumer reporting database beginning May 1, 2011.

Allows customers to request a repayment plan dividing outstanding balance into four equal payments coinciding with paydays, with no additional fees if customer complies with plan terms.

Imposes new limitations on dishonored check fees (maximum two fees for insufficient funds, one fee for closed account or stop payment) and restricts payday lenders from charging additional fees for returned checks.

Requires licensees to report annually to the department on transaction volumes, fees collected, repayment plans, and customer participation; department must publish aggregate report by November 1 each year.