There are almost no restrictions on payday loans in Nevada, except the loan can be no more than 25% of the borrower’s monthly income and the loan can be for no more than 35 days and cannot be stretched to more than 60 days under any circumstances. Otherwise, there are no limits on fees and finance charges, although NSF fees are limited to $25, or double that for a check drawn on a closed account.
Regulating the fine line of payday lending in Nevada is the Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services.
We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.
