Current Payday Lenders in Nevada – Terms, Rates, Legislation

The list of payday lenders in Nevada

1. Cash Central
   • Website: https://www.cashcentral.com/
   • Address: 5165 Emerald Parkway, Suite 100, Dublin, OH 43017
   • Service: Online
   • States: Washington, Idaho, North Dakota, Minnesota, Wisconsin, Delaware, Wyoming, California, Nevada, Utah, Kansas, Missouri, Tennessee, South Carolina, Florida, Alabama, Mississippi, Lousiana, Texas, New Mexico, Alaska
2. Check Into Cash
   • Website: https://checkintocash.com/
   • Address: 201 Keith Street, Suite 5 Cleveland
   • Service: Online/Offline
   • State: Alabama, Alaska, California, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Kansas, Louisiana, Mississippi, Missouri, Nevada, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin, Wyoming
3. Moneytree
   • Website: https://www.moneytreeinc.com/
   • Address: 58266, Seattle, WA 98188
   • Service: Online
   • State: California, Colorado, Idaho, Nevada, Washington
4. LendNation
   • Website: https://www.lendnation.com/
   • Address: 1200 W Kearney St Springfield, MO 65803-1240
   • Service: Online
   • State: Idaho, Illinois, Kansas, Kentucky, Louisiana, Missouri, Nebraska, Nevada, Oklahoma, Texas, Utah, Wisconsin
5. RISE Credit
   • Website: https://www.risecredit.com/
   • Address: P.O. Box 679900 Dallas, TX 75267-9900
   • Service: Online
   • State: Alabama, California, Delaware, Georgia, Idaho, Illinois, Missouri, Nevada, New Mexico, North Dakota, Ohio, South Carolina, South Dakota, Texas, Utah, Wisconsin
6. Dime Alley
   • Website: https://dimealley.com/
   • Address: 7072 Cedarwood Dr., Los Angeles, CA 90006, United States
   • Service: Online
   • States: Alabama, California, Colorado, Florida, Kentucky, Illinois, Indiana, Iowa, Louisiana, Maryland, Nevada, Ohio, Tennessee, Texas
7. USA Cash Services
   • Website: https://usacashservices.com/
   • Address: 1752 Combe Rd. Suite 1, Ogden, UT 84403-5069
   • Service: Online
   • States: Arizona, California, Nevada, Utah, Wisconsin, Wyoming
8. Cash Factory USA
   • Website: https://cashfactoryusa.com/
   • Address: 101 Convention Center Dr Las Vegas, NV
   • Service: Online
   • States: California, Delaware, Idaho, Missouri, Nevada, Texas, Utah, Wisconsin
9. Pheabs
   • Website: https://pheabs.com/
   • Address: Pheabs, 515 E Las Olas Boulevard, Suite 120, Fort Lauderdale, FL 33301
   • Service: Online/Offline
   • States: Alabama, California, Colorado, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Nevada, Ohio, Tennessee, Texas
10. Check City
    • Website: https://www.checkcity.com/
    • Address: 970028, Orem, UT 84097
    • Service: Online/Offline
    • States: Alabama, Alaska, California, Colorado, Hawaii, Idaho, Kansas, Missouri, Nevada, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming
11. Dollar Hand
    • Website: https://dollarhand.com/
    • Address: 5723 Morgan Ave, Los Angeles, California(CA), 90011
    • Service: Online
    • States: Almost all US states
12. Capital Bean
    • Website: https://capitalbean.com/
    • Address: 7073 Cedarwood Dr. Los Angeles, CA 90006
    • Service: Online
    • States: Alabama, California, Colorado, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nevada, New Mexico, Ohio, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin
13. Open Cash Advance
    • Website: https://opencashadvance.com/
    • Address: 30 N GOULD ST, STE R, Sheridan, WY 82801
    • Service: Online
    • State: Almost all US states
14. Advance America
    • Website: https://www.advanceamerica.net/
    • Address: 135 N Church St Spartanburg, SC
    • Service: Online
    • States: Alabama, California, Colorado, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Nevada, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming

Are payday loans legal in Nevada?

Nevada state has got a loyal policy in payday lending terms. There are no set limitations to the loan amount. The maximum allowed loan term is 35 days. The limits to the interest rates are not set, however, the amount should not be over 25% of gross monthly income. The actual APR is 625%. Criminal actions are banned.

Takeaways:

• Maximum amount: 25% of monthly gross income
• Maximum Interest Rate (APR): N/A
• Minimum term: N/A
• Maximum term: 35 days (the industry standard is 30 days)
• Number of rollovers allowed: N/A
• Number of outstanding loans allowed: One per lender
• Cooling-off period: N/A
• Installment option: Yes
• Finance charges: No limit
• Collection fees: Two instances of $25 non-sufficient funds (NSF) fees. 90 days of interest at the prime rate plus 10% on balances after default.
• Criminal action: Prohibited

Am I eligible for a payday loan in Nevada?

A person reaching the age of 18 can submit an application for a payday loan. Whether you got approved is dependent on the man’s credit score and other financial information, as well as the payday company’s own criteria.

Other requirements are:

• be a U.S. resident;
• have a consistent income with payday at a minimum of $800 a month;
• have a checking account that your payday loan can be transferred to;
• active number or email.

Payday loan amounts in Nevada

There isn’t a loan amount restriction in Nevada. State law prevents lenders from lending people over 25% of their monthly gross income. As an example, if a client with a monthly gross income equal to $3,000 submits an application for a Nevada payday loan, the lender couldn’t propose them cash advance with a outstanding principal amount exceeding $750.

Maximum term for a payday loan in Nevada

Nevada payday loans are issued for a maximum term of 35 days. Lenders cannot extend the repayment term for more than 90 days from the original origination date through refinances, renewals, or consolidations under no circumstances.

Rates, fees and other charges in Nevada

The laws for Nevada payday loan don’t contain a limit on interest rates during the use of the loan. In a theory, lenders can withdraw whatever clients are willing to pay for their issued extra funds back.

There are some limitations on the fees and interest that lenders can withdraw a client for failing to pay their payday loans back. These are inclusively of two $25 non-sufficient checks fees and no more than 90 days of 10% interest on the balance after non-repayment of the loan.

What is the statute of limitations on a payday loan in Nevada?

Payday loans in Nevada are controlled by Nevada Stat. 604A.010 et seq. 2017 Chapter 274. This state officially calls this type of lending “deferred deposit loans” and “high–interest loans”.

In order to operate in Nevada, payday lenders have to take out a license to get high-interest loans. This relates to business carried out via the Internet, in store, over the phone, through a fax machine. All the processes are controlled by the Nevada Financial Institutions Division.

Consumer info

• According to the state law NSF fee is specified at $25 for the first two checks;
• Criminal actions, however, should be applied only in case it is confirmed that a borrower has never meant to pay a loan back;
• One thing that should be avoided in Nevada is missing payments;
• The state applied measures to secure borrowers from threats of lenders by protection the account.

Top Nevada payday stores by cities

1. Carson City (3)
2. Fallon (2)
3. Fernley (1)
4. Gardnerville (1)
5. Henderson (8)
6. Las Vegas (67)
7. Laughlin (1)
8. Mesquite (1)
9. North Las Vegas (3)
10. Pahrump (1)
11. Reno (10)
12. Sparks (5)
13. Stateline (1)