Most states cap the fee. Nevada does not — which makes the finance charge on the paper in front of you the only thing that matters. This page shows you what $200 to $1,000 really costs here, the two limits state law does set, and how to check a lender’s licence before you sign anything.
A payday loan — Nevada statute calls it a deferred deposit loan — is a short-term cash advance repaid out of your next paycheque. Nevada regulates them under NRS Chapter 604A, which sets two hard limits: the original term cannot exceed 35 days, and the loan, combined with any other short-term loan you already have outstanding, cannot exceed 25% of your expected gross monthly income. Since 2020 the lender also has to make a reasonable determination that you can actually repay it before handing over the money.
What Nevada does not do is cap the price. There is no maximum fee per $100 here the way there is in many states, which is why APRs in the 300–400% range are ordinary and higher ones are legal. Two borrowers in the same week, same amount, same term, can be charged very different amounts — and the only way to know which you are getting is to read the finance charge and the APR on the agreement before you sign it.
A calculator that hands you one fixed number would be lying about Nevada, because Nevada sets no maximum. The fee per $100 is a slider here because in real life it is a variable — the difference between the low end and the high end on the same $500 is hundreds of dollars a year, and it is set by whichever lender happens to fund you.
The whole $600.00 is due in one payment on day 14, normally by a post-dated cheque or an authorised debit. That single balloon repayment is what turns a two-week fee into a four-figure annual rate.
Nevada does not let a lender write you a deferred deposit loan that — combined with any other short-term loan you already have running — comes to more than a quarter of your expected gross monthly income. Most people have never had this explained to them and find out only when a request is cut down. Here it is, before you ask.
A $500 request sits inside your ceiling. A licensed lender still has to run its own ability-to-repay check and query the state database before funding, so this is the legal maximum, not an approval.
We handle the first. Everything that decides whether you get money, how much, and what it costs happens in steps two and three, at the lender — which is the honest way to describe what a routing service does.
Identity, address, income, pay frequency, next pay date, and an active checking account. One form instead of five.
Note: this is a request, not an application to a named lender, and not an offer of credit.Your request goes to short-term lenders licensed in Nevada. Each decides independently whether to make an offer, for how much, and at what fee.
Not all requests match. No approval is guaranteed, by them or by us, and some requests are not matched at all.Before funding, a licensee must make a reasonable determination that you can repay, and query the statewide database so the 25% ceiling cannot be dodged across several lenders.
This is why offers get cut. An amount that looked fine can come back smaller because of a loan the database already knows about.An offer arrives with a finance charge in dollars and an APR. Nothing is owed until you accept it. Check the licence before you sign, not after.
Timing varies. Funding speed is set by the lender and your bank, not by us, and same-day is common rather than promised.Nevada does not cap the price, but it does write rules around it. These are statutory, they apply the moment you sign with a licensed lender, and each one carries the section number so you can look it up rather than take our word for it.
| Protection | What it means | Statute |
|---|---|---|
| A 35-day ceiling on the original term | The original term of a deferred deposit loan cannot be written longer than 35 days. | NRS 604A.501 |
| A 25%-of-income ceiling on the amount | The loan, combined with any other outstanding short-term loan you have, cannot exceed 25% of your expected gross monthly income. | NRS 604A |
| The lender must check you can repay it | Before making the loan, the licensee has to make a reasonable determination that you are able to repay it — looking at income and existing obligations, not just whether you have a pulse and a checking account. | NRS 604A.5011 |
| A statewide database check | The Commissioner maintains a database licensees query before lending, so the limits above cannot be dodged by borrowing from four places at once. | NRS 604A.303 |
| An extended payment plan | A qualifying plan must give you at least four payments across at least 60 days. | NRS 604A.5026 |
| Notice of a repayment plan after default | The licensee must deliver notice of the opportunity to enter a repayment plan no later than 15 days after you default, and the plan must let repayment run at least 90 days past the default date. | NRS 604A.5027 |
| Limits on what can be collected after default | There are statutory ceilings on the amounts a licensee may collect once a loan has defaulted, and rules on how collection may be conducted. | NRS 604A.5058 |
| A licence, and a regulator behind it | Operating without a licence is prohibited. A licensed lender answers to the Nevada Financial Institutions Division; an unlicensed one answers to nobody. | NRS 604A.400 |
The Nevada Financial Institutions Division publishes who is licensed. It is free, it is public, and it is the difference between a loan with rules and a loan without them.
It is on the loan agreement and usually in the website footer. Trade names differ from registered names, so use the legal one.
The Financial Institutions Division publishes a public licensee search. It is free and takes about a minute.
Confirm the licence exists, that it covers deferred deposit lending, and that the status is active with an unexpired date.
Save the result with the date visible. If a dispute starts later, you will want to show what the register said on the day you borrowed.
An “insurance”, “processing” or “good faith” payment by gift card, wire or cash app before funding. This is the advance-fee scam and it is the most common fraud in short-term lending. Report it at ReportFraud.ftc.gov.
Federal Truth in Lending requires the finance charge and the APR to be disclosed before you sign. A lender quoting only “$25 per $100” and no annual rate is hiding the number that lets you compare.
A deferred deposit loan cannot be written past 35 days. If the paper says 90 days it is a different product under different rules — possibly a high-interest or title loan. Know which one you are signing.
If you cannot repay, you are entitled to be offered a repayment plan — not a new loan to clear the old one. A lender steering you the other way is steering you into the cycle the statute was written to slow down.
If you are on active duty — including active Guard and Reserve — or you are a covered dependent, the Military Lending Act caps the Military Annual Percentage Rate at 36%, and payday loans are specifically covered.
A payday loan priced for Nevada cannot fit under a 36% MAPR. So most payday lenders will decline to lend to a covered borrower — and any lender that does offer you one above 36% MAPR is breaking federal law, not doing you a favour.
We are paid when a request turns into a funded loan, so this section runs against our own interest. It is here anyway. At Nevada prices a payday loan is the most expensive way to move money forward by two weeks, and most people who land on a page like this have not tried the cheaper options because nobody ever laid them out.
NV Energy, Southwest Gas, the water district, hospitals and most landlords run payment arrangements that are not advertised. A two-week extension you asked for costs nothing; borrowing to pay the same bill on time costs $20 per $100.
Many Las Vegas employers — the casinos and hospitality groups especially — will advance part of a cheque, and a growing number offer earned-wage access through payroll for a few dollars flat. You are drawing your own money forward.
Federal credit unions can offer a Payday Alternative Loan: small, short, and capped at 28% APR by federal rule, with an application fee limited to $20. If you can join one in Clark County, this is the single best replacement for a payday loan that exists.
Interest starts immediately and there is usually a fee, so it is not cheap — but on a two-week horizon it is a fraction of Nevada payday pricing. Worth checking even on a card that is nearly full.
Dial 2-1-1 or visit nevada211.org for rent, utility and food assistance in Clark County. If the shortfall is one overdue bill, a grant that clears it beats a loan that postpones it.
One payday loan is a cash-flow problem. A repeating cycle is a different problem, and no lender will solve it. NFCC-member counselling is free or near-free, confidential, and sells you nothing.
You should know who pays us before you decide how much weight to give the rest of this page. None of this is buried in a terms document.
We do not lend our own money, set rates, or make credit decisions. We match your request against short-term lenders licensed in Nevada. The agreement, the finance charge and every obligation under it run between you and that lender.
REPLACE — state your actual arrangement. For example: “We receive a fee from the lender or network when a request we transmit results in a funded loan. You pay us nothing, and our fee is not added to your finance charge.” Confirm the wording with counsel, and confirm whether Nevada requires any registration for this activity.
We earn on funded loans, which is why § 08 is worth reading — we wrote it against our own interest. We publish the statutes, the licence database and the complaint line because a borrower who checks is a borrower who does not get hurt.
Nevada law caps a deferred deposit loan at 25% of your expected gross monthly income, counting any other short-term loans you already have outstanding. If you gross $3,200 a month, the ceiling across all of them is $800. PaydayLV routes requests in the $200 to $1,000 range, but the statutory limit is what actually governs, and the lender has to check it before funding you — there is a state database they are required to query.
Typically somewhere around 300% to 400%, and sometimes higher. Nevada is one of the states that sets no cap at all on what a licensed payday lender may charge — there is no $15-per-$100 ceiling here the way there is in some states. That is precisely why you should compare the finance charge in dollars and the APR side by side before you sign, and why the calculator in § 02 makes you move the fee yourself instead of showing you one flattering number.
The original term of a deferred deposit loan cannot exceed 35 days under NRS 604A.501. Most are written to land on your next payday, so two weeks is common. If you cannot repay, the lender must offer you a repayment plan — and after a default they have to send you notice of that opportunity within 15 days, with a plan that runs at least 90 days from the default date.
No. PaydayLV is a request-routing service. We take one submission and put it in front of short-term lenders licensed in Nevada; they decide whether to make an offer, and on what terms. We do not lend money, set rates, approve anyone, or hold your loan. Your agreement is with the lender. We are paid by the lender network, not by you — the arrangement is set out in § 09.
Not usually. Most Nevada short-term lenders weigh steady income and an active checking account more heavily than a credit score, and many do not pull a traditional credit report at all. What they are required to do — since 2020 — is make a reasonable determination that you can actually repay the loan, which means they will look at your income and your existing obligations even if they never look at your FICO score.
Nevada restricts it. NRS 604A limits using the proceeds of a new deferred deposit loan to pay off an existing one, and the ability-to-repay rule makes stacking harder than it used to be. If a lender is pushing you toward a new loan to clear the last one, that is the moment to stop and ask for the repayment plan you are entitled to instead.
Federal law caps the Military Annual Percentage Rate at 36% for active-duty servicemembers, active Guard and Reserve, and their covered dependents — and payday loans are specifically covered. At 36% MAPR the payday model does not work, so most payday lenders will not lend to you, and any that offers you a loan above 36% MAPR is violating the Military Lending Act. See § 07; with Nellis nearby this comes up in Las Vegas more than most places.
Search the Nevada Financial Institutions Division licensee database before you sign anything. It is public, it is free, and it takes about a minute. An unlicensed operator owes you none of the NRS 604A protections — no repayment plan, no limit on what they can collect after default, no regulator to complain to. § 06 walks through the search and links the database directly.
Never. A legitimate lender takes its charge out of the repayment, not before funding. Any demand for an advance fee, insurance payment, processing charge or “good faith deposit” by gift card, wire or cash app before money reaches you is an advance-fee scam. Stop, keep the messages, and report it to the FTC at ReportFraud.ftc.gov.
Contact the lender before the due date. Nevada requires licensees to offer a repayment plan, and after a default they must deliver notice of that opportunity within 15 days, with a plan extending at least 90 days past the default. There are also statutory limits on what a licensee can collect after default. What you should not do is take a second loan to cover the first.
This is a page about money people cannot spare, so nothing on it is asserted without a statute or a regulator behind it. If a figure has drifted, the page is wrong and we want to know.
Editorial note. NRS 604A is amended from time to time and the FID's links move. Re-verify this page at least twice a year and update the dates above when you do. A stale statute cite on a payday page is worse than none, and Google's freshness and reliable-information systems both treat dated finance pages accordingly.
One request, put in front of lenders licensed in Nevada. They decide whether to make an offer and what it costs. Nothing on this page is an approval, and nothing on it is a quote.
Borrow carefully. A payday loan is expensive short-term credit for a temporary shortfall. It is not a fix for ongoing debt, and repeat borrowing makes a hard position harder.
If borrowing has become a cycle, free non-profit credit counselling is available and will not sell you anything. In Clark County, dial 2-1-1 for assistance with the bill behind the borrowing.
