Nevada Payday Loan Laws
 | Max Term of Payday Loan: | 60 days | | Max Fees and Finance Charges: | Not specified | | Maximum Loan Amount: | 25% of expected gross monthly income | | Number of Rollovers: | Not specified (Lender cannot extend payment period beyond 60 days after expiration of initial loan period) | | Outstanding loans allowed at one time: | Not specified | | Cool-off period: | Not specified | | Military Protection: | Yes | | Payment Plan: | Yes | | Limits on collection and presentment: | Not specified | | Collection fees: | $25 dishonored check fee (max. two fees for insufficient funds; max. one fee for closed account) Court costs; Reasonable attorney's fee; Service of process costs | | Presentment Limit: | Not specified | | Penalties: | Civil Fines, Suspension or revocations of license; Cease and Desist Order | | Private right of action: | Yes |
Nevada Payday Loan Laws:
There are no statutory limits on fees that may be charged so long as the borrower agreed to those fees in writing. This amount to a very high APR. Payday lenders are licensed in Nevada.
| Payday Loan Laws: |
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