What a loan can cost in Nevada
Examples at an illustrative rate, never above Nevada's cap for the amount. They are not quotes.
Representative example
- Amount borrowed
- $500
- Annual percentage rate (APR)
- 29.99%
- Repayment
- 12 monthly payments
- Payment
- $48.74
- Finance charge
- $84.88
- Total of payments
- $584.88
Example: a $500 installment loan at 29.99% APR repaid in 12 monthly payments of $48.74 costs $584.88 in total, including a finance charge of $84.88. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Representative example
- Amount borrowed
- $1,000
- Annual percentage rate (APR)
- 29.99%
- Repayment
- 12 monthly payments
- Payment
- $97.48
- Finance charge
- $169.76
- Total of payments
- $1,169.76
Example: a $1,000 installment loan at 29.99% APR repaid in 12 monthly payments of $97.48 costs $1,169.76 in total, including a finance charge of $169.76. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Representative example
- Amount borrowed
- $3,000
- Annual percentage rate (APR)
- 29.99%
- Repayment
- 12 monthly payments
- Payment
- $292.45
- Finance charge
- $509.40
- Total of payments
- $3,509.40
Example: a $3,000 installment loan at 29.99% APR repaid in 12 monthly payments of $292.45 costs $3,509.40 in total, including a finance charge of $509.40. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Resources in Nevada
Free and low-cost help in Nevada, each with its official link and the date we checked it.
Lending regulator and complaints
Nevada Department of Business and Industry, Financial Institutions Division (FID) licenses lenders in Nevada.
Check a lender's license File a complaint
fid.nv.gov Checked September 23, 2026
Attorney general consumer protection
Takes complaints about scams and unfair debt collection.
ag.nv.gov Checked September 23, 2026
211
Help with rent, utilities, food and other urgent bills.
nevada211.org Checked September 23, 2026
Legal aid
Free civil legal help if your income is low; income limits vary.
nevadalegalservices.org Checked September 23, 2026
Nonprofit credit counseling
Help with a budget or a debt management plan.
nfcc.org Checked September 23, 2026
Benefits portal
Check whether you qualify for food, cash or other benefits in Nevada.
accessnevada.nv.gov Checked September 23, 2026
Federal complaints
Complaints about any lender, to the Consumer Financial Protection Bureau.
Submit a complaint to the CFPB
consumerfinance.gov Checked September 23, 2026 Available in Spanish
Cheaper options to try first
Worth checking whatever your credit: these can cost less than a high-rate loan.
- Credit union payday alternative loans (PALs). Federal credit unions may offer small loans of up to $2,000 with terms of up to 12 months and an APR no higher than 28%, under NCUA rules (12 CFR 701.21). You usually need to be a member.
- Ask your creditor for a payment plan. Utilities, hospitals and many lenders offer hardship or extended payment plans if you ask before you miss a payment.
- Credit-builder loans: a small loan held in savings while you pay it off, which can help build a payment history.
- Secured credit cards: a card backed by a deposit you make, which can help build credit when you pay on time.
The rules lenders follow in Nevada
Each rule links to its source. How we research state rules.
Allowed in Nevada: installment and personal loans, title loans and payday loans.
| Product | Status | APR cap | Amount | Term | License | Law |
|---|---|---|---|---|---|---|
| Installment and personal loans[1][2][3][4] | AllowedNo rate limit in state law | No rate limit | Not set by statute | Not set by statute | Installment loan license | NRS Chapter 675; NRS 675.363; NRS 675.3693 |
| Title loans[5][6][7][4] | AllowedNo rate limit in state law | No rate limit | Not set by statute | Up to 7 months | Title Loan license | NRS 604A.105; NRS 604A.5074 / former 604A.445 |
| Payday loans[6][8][4] | AllowedNo rate limit in state law | No rate limit | Not set by statute | Up to 35 days | Deferred Deposit Loan / High-Interest Loan license | NRS Chapter 604A; NRS 604A.5074; NRS 604A.5037 |
| Verified against the statute and regulator on September 23, 2026. Laws change; confirm with the regulator before you borrow. | ||||||
Bars place each APR cap on a 0 to 400% scale; the pin marks the cap. A striped bar means the statute sets no numeric cap.
Rate, fee and license rules in Nevada
Installment and personal loans
- Rate cap
- No statutory APR ceiling for installment loans made under the Installment Loan and Finance Act. NRS 675.363: for loans with indefinite terms, "the licensee may receive interest in any amount or at any annual rate provided in the agreement." A separate lower rate limit applies only to covered service members. Loans made at 40% APR or below generally fall under NRS 675; loans above 40% APR fall under NRS 604A instead.
- License
- Installment loan license under NRS Chapter 675, issued by the Nevada Financial Institutions Division (FID).
Title loans
- Rate cap
- "Title loan" is defined in NRS 604A.105 as, in substance, a loan secured by a vehicle title made above 35% APR; no general numeric APR cap otherwise applies (rate is set by contract, similar to payday/high-interest loans under the same chapter). During any extension period, the APR charged cannot exceed the APR charged during the original term, and no additional origination, set-up, collection, transaction, negotiation, handling, processing, late, or default fees may be charged in connection with an extension.
- Fees
- No extension-period fees beyond interest at the original-term rate; lender generally cannot extend credit beyond the vehicle's fair market value and must confirm borrower ability to repay.
- License
- Title Loan license under NRS Chapter 604A, issued by the Nevada Financial Institutions Division (FID).
Payday loans
- Rate cap
- No general statutory APR cap for deferred deposit loans or high-interest loans under NRS 604A; APR is set by contract. NRS 604A regulates term length, extensions, collection limits, and (since AB 118, 2023) requires an ability-to-repay analysis so payments generally cannot exceed 25% of the borrower's gross monthly income. Original term of a high-interest/deferred-deposit loan must not exceed 35 days (up to 90 days if fully amortizing installment structure with no balloon payment and no extensions).
- Fees
- Fee limitations exist in NRS 604A.5031, 604A.5061, and 604A.5094; no proceeds of a new high-interest/deferred-deposit loan may be used to pay off an outstanding high-interest loan except under specified conditions (NRS 604A.5057).
- License
- Deferred Deposit Loan / High-Interest Loan license under NRS Chapter 604A, issued by the Nevada Financial Institutions Division (FID).
Rent and jobs in Nevada
Typical rent and the jobless rate, to weigh before a loan payment.
Guides for Nevada borrowers
Check your options in Nevada
Nevada questions
Does Nevada law allow payday loans?
Nevada law allows payday loans. State law sets no numeric cap on the cost. Source: NRS Chapter 604A; NRS 604A.5074; NRS 604A.5037.
What is the most a lender can charge in Nevada?
By loan type in Nevada: Installment and personal loans: No rate limit. Title loans: No rate limit. Payday loans: No rate limit.
Where can I file a complaint about a lender in Nevada?
You can file a complaint with Nevada Department of Business and Industry, Financial Institutions Division (FID), and you can also submit one to the Consumer Financial Protection Bureau. Both links are under Resources in Nevada on this page.
How do I check a lender's license in Nevada?
Nevada Department of Business and Industry, Financial Institutions Division (FID) licenses lenders in Nevada. Use the license link under Resources in Nevada on this page to check a lender before you share your information.
Is there free help paying bills in Nevada?
Yes. Resources in Nevada on this page lists free help, including 211, legal aid, nonprofit credit counseling and benefits portal.
Nearby states
- CaliforniaAllowed 36% APR
- UtahAllowedNo rate limit in state law No rate limit
- IdahoAllowedNo rate limit in state law No rate limit
- OregonAllowed 36% APR
- ArizonaAllowed 36% APR (top tier)
Sources
- leg.state.nv.us. NRS Chapter 675. Retrieved September 23, 2026.
- Justia. law.justia.com/codes/nevada/2021/chapter-675. Retrieved September 23, 2026.
- leg.state.nv.us/App/InterimCommittee/REL/Document/12746. Retrieved September 23, 2026.
- fid.nv.gov. Nevada Department of Business and Industry, Financial Institutions Division (FID). Retrieved September 23, 2026.
- Public.Law. NRS 604A.105. Retrieved September 23, 2026.
- Public.Law. NRS Chapter 604A. Retrieved September 23, 2026.
- Justia. law.justia.com/codes/nevada/2024/chapter-604a/statute-604a-105. Retrieved September 23, 2026.
- Justia. law.justia.com/codes/nevada/chapter-604a/statute-604a-5074. Retrieved September 23, 2026.
- National Low Income Housing Coalition. Out of Reach 2026: Nevada. Retrieved September 23, 2026.
- U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics (LAUS), All States, Seasonally Adjusted. Retrieved September 23, 2026.
Important disclosures
APRs vary by lender and state in Nevada. Each lender sets its own rates and terms and must show you the APR before you sign.
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- Questions about a lender licensed in Nevada? Contact the Nevada Department of Business and Industry, Financial Institutions Division (FID) or file a state complaint.
- You can submit a complaint about any lender to the Consumer Financial Protection Bureau at consumerfinance.gov/complaint.