Nevada · checked October 24, 2026

Payday loans in Nevada: the rules and your way out

Payday loans allowed, with limits

Nevada licenses deferred deposit (payday) lenders under NRS Chapter 604A with no cap on fees, but it limits loan size to 25% of gross monthly income, caps terms, requires a no-cost extended payment plan on request and a repayment plan before any lawsuit.

Law: NRS Chapter 604A (deferred deposit loans: NRS 604A.050, 604A.303, 604A.400-604A.5034). NRS chapter 604A as revised by the Legislative Counsel Bureau, 'Rev. 4/15/2026' (2025 session)

Nevada's rules, line by line

Largest loan: No dollar cap. A deferred deposit loan, combined with the customer's other outstanding loans, may not exceed 25 percent of the customer's expected gross monthly income (NRS 604A.5017). Lender must assess ability to repay (NRS 604A.5011).
Longest term: Original term may not exceed 35 days; any repayment, renewal, refinancing or consolidation may not run beyond 90 days after origination (NRS 604A.501).
Fee or rate cap: No statutory cap on the fee or APR for a deferred deposit loan. After default, interest is limited to the prime rate at Nevada's largest bank plus 10 percent for up to 90 days, then none, and total post-default interest and fees may not exceed the principal (NRS 604A.503).
Renewals and rollovers: Limited. If the customer agrees in writing to extend or refinance with a new loan, the period may not go beyond 60 days after the initial loan period, and unpaid interest and charges may not be rolled into the new principal (NRS 604A.5029(1)), subject to the 90-day overall limit (NRS 604A.501(2)).
Waiting period between loans: None found in the statute.
Loans at once: No fixed number. A licensee may make more than one loan to the same customer only if the combined loans stay within the 25%-of-gross-monthly-income limit, the fee per $100 is the same or lower, and no extra initiation fees are charged (NRS 604A.5018, 604A.5017).
Payment plan if you cannot pay: Yes. A licensee must allow a customer with an outstanding deferred deposit loan to enter an extended payment plan if the customer has not had one for that loan in the preceding 12 months and requests it before the loan is due. It must be in writing and signed, with at least four payments over at least 60 days, and may not add interest or fees beyond those of the original loan (NRS 604A.5026). Separately, after a default and before any lawsuit or arbitration, the lender must offer a repayment plan of at least 90 days after default, open for at least 30 days, with written notice within 15 days of default; initial payment may be required of no more than 20% (NRS 604A.5027).
State loan database: Yes. The Commissioner of Financial Institutions maintains a statewide database of deferred deposit, title and high-interest loans that licensees must check and update at each transaction (NRS 604A.303, added 2019). The Financial Institutions Division calls it the Lending Database, supported by the vendor Veritec (1-833-446-8537, 1-833-44-NVLDS).
Limits on collection: Returned check or failed electronic transfer: $25 fee, at most two fees for insufficient funds or one fee for a closed account (NRS 604A.5031(1)-(3)). No criminal prosecution under NRS chapter 205 or bad-check damages under NRS 41.620 unless the customer acted with criminal intent (604A.5031(4)). No use or threat of criminal process to collect (604A.5021(1)). Collection must follow FDCPA sections 803-812 even if the licensee is not otherwise covered (604A.5014(1)). No suit before default under the loan or any repayment plan (604A.5021(2)); suit in the Justice Court township where the loan was made (604A.5014(3)). No other fees after default (604A.503(2)). Military customers: no garnishment or contact with the chain of command; no collection while deployed to combat (604A.5015).
Other rights: Right to rescind by close of business the next business day by returning the cash or the lender's original check, with the fee refunded (NRS 604A.5023). Pay in full or in part at any time without charge (604A.5024, 604A.5025). Written agreement in English or Spanish disclosing the rescission and repayment-plan rights (604A.5012). No collateral, wage assignments, or insurance or add-on sales (604A.502). Lender must post a toll-free number and the complaint process (604A.405).

If you are behind on a payday loan in Nevada

Ask for the payment plan before the due date. Nevada law gives borrowers a way to repay in installments. The details are in the table above. Ask in writing and keep a copy.
Stop the automatic withdrawals if they are emptying your account. You can revoke the lender's permission to debit your account and tell your bank. How to do it.
Look at a credit union payday alternative loan. Federal credit unions can lend $200 to $2,000 at much lower cost. How they work.
Talk to a nonprofit credit counselor. A counselor can look at all your bills, not just this one. How to find a real one.

Check a lender, or report one

Sources

This page summarizes the law; it is not legal advice. Laws change, and the statute and regulator control. If something here is out of date, write to hello@paydayloan.help.