Compare your loan options in Nevada

If you’re a resident of Nevada, a payday loan can get you money in a hurry.

An unexpected bill or emergency expense could have you strapped for cash. If you’re consdering a payday loan, learn about the regulations in place before you borrow so you can make a smart decision when it comes to your financial future.

CashNetUSA Loan

CashNetUSA Loan

Get a convenient payday loan, installment loan or line of credit with fast funding, depending on your state of residency.

  • Loan Amount: Varies by state
  • Turnaround Time: As soon as 1 business day
  • Simple online application
  • No hidden fees or paperwork
  • Dedicated customer service
  • Confidential and secure

    Are payday loans legal in Nevada?

    Yes, payday loans are legal in Nevada. Payday loans are governed by Nevada Revised Statutes 604A.010 et seq., which requires lenders to be licensed and to abide by Nevada short-term lending law. A lender can’t provide a loan exceeding 25% of a borrower’s gross monthly income with a maximum loan term of 35 days, with the option of a 60-day extension. A payday installment loan, however, can last up to 90 days, although there is no extension allowed.

    You may choose to cancel your loan before the end of the next business day.

    Lenders required to check if borrowers can afford loans

    In 2017, Governor Sandoval signed AB 163 into law. This bill forces lenders to make sure a person has the ability to repay a loan before they are approved. This is to help consumers who may not be able to pay back what they borrow and is part of a greater trend to increase regulations on payday lenders so consumers have a better chance of repaying instead of falling into debt.

    Consider these lenders for a payday loan in Nevada

    Check the websites of any providers you’re interested in to confirm they operate in Nevada.

    Rates last updated November 20th, 2017
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Maximum Loan Amount Term of Loan Turnaround Time Requirements
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    Slam Dunk Loans
    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.
    $2,500
    Varies by lender
    As soon as next business day
    Must be employed, receive regular income, earn at least $800 a month, have a checking account, be 18+ yrs old and a US citizen.
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    $4,000
    9 to 36 months
    1 business day
    Open only to residents of AL, CA, DE, GA, KS, ID, IL, MO, MS, NV, NM, OH, SC, TN, TX, UT, VA and WI. Must have direct deposit to demonstrate sufficient monthly income.
    MoneyKey-arranged or MoneyKey Installment Loan
    *Apply for money when you need it and receive your funds in as quickly as one business day.
    $1,000 (unless otherwise stated)
    Varies by state
    1 business day*
    You must be a permanent US resident or citizen, at least 18 years old, and have regular income.
    HonestLoans Installment Loans
    Get a flexible installment loan with fast funding through one easy online application form.
    $2,500
    Varies by lender
    As soon as one business day
    Must be employed and receive regular income, earn at least $800 a month, have a checking account and be an 18+ years old legal US citizen.
    NetCredit Installment Loan
    Build a positive credit history with on-time payments and flexible repayment terms. Check your rate without affecting your credit score.
    $10,000
    Varies upon state
    1-3 business days
    Must be 18+ years old, a legal resident of the US and have a Social Security number. Minimum credit score of 550.
    Blue Trust Loans Installment Loans
    Get an installment loan from an online tribal lender. Perks for returning borrowers.
    $2,000
    6 months
    As soon as next business day
    Must be at least 18 years old and have a verifiable source of income with direct deposit into your checking account.

    Compare up to 4 providers

    What fees and charges do Nevada short term loans come with?

    Nevada payday loan laws have a bearing on how much your loan may end up costing. Here’s what you need to know:

    • Maximum finance rate and fees: There is no limit on the finance charge or APR for a payday loan. After default, a lender cannot charge interest exceeding the prime rate at the largest bank in Nevada plus 10%.
    • NSF fees: A lender may charge two non-sufficient funds fees of $25 each and one $25 fee for a closed account.
    • Court costs: If you default, you may be required to pay court costs and reasonable attorney fees.
    • Rollover fees: There are no specifics surrounding rollover of payday loans in Nevada, but you should expect to pay the financing fees for taking out a new loan as well as any other fees to cover the cost of the previous loan.

    How do I apply for a payday loan in Nevada?

    The application process is relatively easy provided you have everything you need close by. A lender will require tht you be at least 18 year old, an American citizen or permanent resident and have a regular source of income before you apply, and you will likely need to supply your Social Security number and access to your checking account (if you’re applying online).

    Have a valid form of ID close by and information about your income, employer and personal details while applying to keep things quick.

    What should I consider before taking out a payday loan?

    Local resources include the Energy/Utilities Emergency Assistance program and Temporary Assistance for Needy Families (TANF). These can help cover some basic bills while you work on paying down your other debt.

    You may also want to consider some alternate credit sources, such as a credit card cash advance, installment loan or a debt consolidation loan. These have longer terms to pay back what you owe and often come with slightly lower interest rates than a short-term payday loan.

    There are other non-credit options you may want to consider

    Bottom line

    If you’re having a tough time paying bills or an emergency expense, a payday loan might be a helpful way to make it between paychecks. As long as you know how much it will cost and budget for it, you’ll be able to avoid extra debt and help yourself get back on solid footing.

    Have any more questions about Nevada short term loans?

    Nevada law doens’t have an official limit on the number of payday loans you can borrow, but you should avoid taking out multiple loans at once because they can be difficult to pay back the full amount by the due date.

    You should contact the lender directly and see if they’re willing to work with you on a payment plan arrangement that fits your budget. Some lenders may charge additional fees for extending your loan, but it’s worth asking about if you think you might not be able to afford the original loan repayment terms.

    You can contact the Nevada Financial Institutions Division if you want to file a complaint.

    After sixty days, you can no longer extend your payment period. At this point, you either need to pay back the full amount of your loan or take out a new loan. This is called rolling over or refinancing, and it involves using the proceeds of your new loan to repay your first loan. It’s a very expensive process that can trap you in a cycle of debt, so before you borrow, be sure you have enough money to pay for your loan to avoid this costly process.

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    US Payday Loans Offers

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    Slam Dunk Loans

    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

    LendUp Payday Loans

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    Check into Cash Payday Loan

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    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.