Updated August 19, 2020

Payday loans in Nevada

Nevada Payday Loan Law
StatusLegal
CitationNev. Rev. Stat. 604A.010 et seq.
Maximum APR No Limit
Minimum Loan Term
Maximum Loan Amount 25% of expected gross monthly income
Finance Charge No Limit
Rate and Fees Not Specified (After default: interest rate must be equal to or less than the prime rate at the largest bank in the State of Nevada plus 10 %)
Rollovers Permitted Yes, with proceeds of new loan. (Lenders cannot extend payment period beyond 60 days after expiration of initial loan period)
Criminal Action: Prohibited (Unless customer acted with criminal intent)

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NV regulator

Nevada Financial Institutions Division

2785 E. Desert Inn Rd., Suite 180 Las Vegas NV 89121

Phone: (702) 486-4120

Fax: (702) 486-4563

Website: http://www.fid.state.nv.us/

Indylend

MIN loan amount: $200

MAX loan amount: $5000

Rates and fees: 6.63% to 225%


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