Loans in Nevada: Payday and Installment Options

Yes, you can borrow in Nevada from lenders licensed by the Financial Institutions Division (FID). In 2024 they made 549,182 payday, high-interest and title loans, each checked first against a statewide database, and that database shows what they cost.

What Nevada Loans Cost Per $100, From State Data

Nevada's database records every payday, high-interest and title loan with its fees. Here's what borrowers paid in 2024:

Worked out from the average fees per $100 in FID's 2024 Lending Database Annual Report. These are reference figures, not offers from lenders in our network; your fee can be lower or higher.

At those averages, a $300 payday loan carries about $44.28 in fees and a $1,000 high-interest loan about $814. FID notes that high-interest loans can run above 200% APR, so compare the APR and total of payments on every offer.

Deferred Deposit, High-Interest and Title Loans Compared

Deferred deposit loans are Nevada's payday loans, made by FID's check cashing and deferred deposit licensees. Costs, the income limit and refinancing rules are on Nevada payday loan rules.

High-interest loans are the most used: 106,913 Nevadans took at least one in 2024. Most can't run past 90 days, FID says. Title loans are secured by your car; the lender must record its fair market value from a third-party source.

Inside Nevada's Lending Database, Live Since 2022

Under NRS 604A.303, the database has run since February 1, 2022, and FID's SB 201 regulations set how lenders use it:

• Before any payday, high-interest or title loan, the lender searches with your name, Social Security or lien registration number, photo ID number and date of birth.
• The database says whether you're eligible. If not, you get a written notice with the reason and the provider's contact details.
• A database fee can't exceed the provider's charge, $3 at most, must be itemized, and can't apply to a declined, voided or rescinded loan.
• You can ask the lender for a free copy of your loan history and records.

In 2024, 137,496 Nevadans opened at least one of these loans at 240 lender locations. 36.9% opened just one; 6.7% opened 12 or more.

Installment Loans and Online Lenders After SB 437

Loans repaid over a longer term come from installment loan companies, licensed by FID under NRS chapter 675 through NMLS. SB 437 (2025) lets an Internet consumer lender, one that makes, solicits, brokers, arranges or facilitates consumer loans only online, hold a Nevada license for an office outside the state.

• Its loan contract with a Nevada resident must be governed by Nevada law.
• Any lawsuit, arbitration or other dispute process must take place in Nevada.
• A clause saying otherwise is void. The rules cover contracts made from October 1, 2025.

Asking for a Nevada Loan in Three Steps

1. Pick the loan: a payday or high-interest loan for a short gap, or an installment loan for a larger amount repaid over time.
2. Submit one request through LendUp. Lenders in our network review it, and any offer shows the APR, payments and total cost before you sign.
3. Expect a database check before a payday, high-interest or title loan, and read the finance charge and APR before you sign.

Confirming a Nevada Lender's FID License

1. Search NMLS Consumer Access by the company's legal name or NMLS number.
2. Look for an active Nevada FID license: Check Cashing / Deferred Deposit Services for payday-type loans, or Installment Loans.
3. Match the name and address to your offer. Deferred deposit licenses expire each December 31.

Complaints go to FID through its online complaint form, or call (702) 486-4120.

Common Questions

Official Sources

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