2024 Nevada Direct Lender Payday Loan Rankings

Nevada Direct Lender Payday Loans

We have reviewed 13 Nevada payday loan lenders.

Direct lender payday loans can often be a quick and easy way to get cash. There's not requirement for for good credit or collateral; and the cash can generally be deposited into your bank overnight. The downside is that these loans can be very expensive. They are due in full on your next payday and although the a fee of $15 per $100 may not sounds like a lot compared to other loans it can be 10-15 times more expensive. The best choice, if possible, is to put off the expense until your next paycheck as borrowing short term, quick money can be very expensive.

Direct lender payday loans are best used when the expense is unavoidable, there are no other options, and when full repayment can be done with the next paycheck. We review online payday lenders based on their reputation, cost, and features. Reputation considers state licensing and Better Business Bureau scores. Cost is based on terms, fees, and rates. Features include things like credit reporting or fee transparency.

Our review of direct lender payday loans considers three areas: reputation, cost, and features. Reputation considers state licensing and Better Business Bureau scores. Cost is based on terms, fees, and rates. Features include things like credit reporting or fee transparency.

A listing in this table is not an endorsement. This table includes all lenders we have reviewed who offer loans to Nevada residents.

Check Into Cash See full review Apply $100 - $25,000 Loan amounts 195% - 521% APRs All Credit type ⓘ Visit Check Into Cash for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] State Licensed Lender Lender status Apply

CashNetUSA See full review Apply $100 - $2,000 Loan amounts 299% - 456% APRs All Credit type ⓘ Visit CashNetUSA for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] State Licensed Lender Lender status Apply

Check City See full review Apply $100 - $500 Loan amounts 158% - 639% APRs All Credit type ⓘ Visit Check City for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] State Licensed Lender Lender status Apply

Advance America See full review Apply $50 - $25,000 Loan amounts 36% - 664% APRs All Credit type ⓘ Visit Advance America for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] State Licensed Lender Lender status Apply

Cash Central See full review Apply $100 - $5,000 Loan amounts 180% - 740% APRs All Credit type ⓘ Visit Cash Central for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] State Licensed Lender Lender status Apply

Speedy Cash See full review Apply $100 - $2,000 Loan amounts 178% - 680% APRs All Credit type ⓘ Visit Speedy Cash for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] State Licensed Lender Lender status Apply

Cash Advance Now See full review Apply $300 - $1,500 Loan amounts 725% APRs All Credit type ⓘ Visit Cash Advance Now for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Tribe Based Lender Lender status Apply

Big Valley Financial See full review Apply $300 - $500 Loan amounts 780% APRs All Credit type ⓘ Visit Big Valley Financial for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Tribe Based Lender Lender status Apply

NationalPayday See full review Apply $200 - $1,500 Loan amounts 782% APRs All Credit type ⓘ Visit NationalPayday for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Unlicensed Lender -- Costa Rica Lender status Apply

Cash in a Wink See full review Apply $100, - $1,000 Loan amounts 456% - 2,281% APRs All Credit type ⓘ Visit Cash in a Wink for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Unlicensed Lender Lender status Apply

Tremont Lending See full review Apply $100 - $750 Loan amounts 495% APRs All Credit type ⓘ Visit Tremont Lending for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Tribe Based Lender Lender status Apply

MyPaydayLoan See full review Apply $100 to $500 Loan amounts 782% APRs All Credit type ⓘ Visit MyPaydayLoan for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Unlicensed Lender -- Costa Rica Lender status Apply

East Side Lenders See full review Apply $300 - $1,000 Loan amounts 550% - 780% APRs All Credit type ⓘ Visit East Side Lenders for product eligibility. Our eligible credit type estimate is a general guide based on FICO® Scores: Credit Type FICO® Score All All Scores Fair 620+ Good 680+ Great 720+ [close] Unlicensed Lender Lender status Apply

• Based on our analysis these lenders offer loans to Nevada residents. Check each lender's website for up-to-date information.

Nevada Direct Lender Payday Loans Details

For direct lender payday loans Nevada residents can choose from Nevada licensed, out-of-state licensed, tribal-based and foreign-based lenders for their.

Doshound strongly prefers licensed payday lenders as the Nevada Financial Institutions Division evaluates, regulates, and monitors the direct lender payday loans made by these lenders. See Nevada Payday Loan Laws for more details on Nevada laws and regulations or Direct Lender Payday Loans for more general information.

Unlicensed payday lenders include tribe-based lenders, lenders licensed in other states, and foreign-based lenders. Tribal and out-of-state licensed payday lenders operate under the interpretation that they can export their tribe or state laws into Nevada and are required to adhere to federal lending laws but not Nevada regulations. Federal laws may be less restrictive and less frequently enforced. The final group of lenders is foreign-based payday loan lenders. They export their countries' laws into Nevada and are highly unregulated. See How to Choose A Payday Loan for more details.

The above is our understanding of how payday lending works in Nevada, but we are not a law firm. Please contact the Nevada Financial Institutions Division for more information.

What Are Direct Lender Payday Loans

These loans are short-term, employment-based loans. They do not require collateral and are typically available to people with all types of credit. Funds can be deposited into your checking account overnight. Full payment is due your next pay period. Fees range from around $9 to $45 per $100 borrowed. For example, if $300 is borrowed, then $327 to $435 will be automatically deducted from your account on your next pay period. If the full deduction is made, the loan is paid in full and you are done. If you are unable to pay in full some lenders allow loan renewals usually at the same rate. You will pay fees on the unpaid fees from the previous period. Now, at your next payday (the second payday since you took the loan) $356 to $631 will be automatically deducted from your account. The fees add up fast. Please be careful with these loans. If you think you will be unable to pay the loan off in one or two pay periods it might make sense to consider Nevada installment loans

Who Offers Nevada Direct Lender Payday Loans

They are direct lenders who offer loans based on your paycheck amount, pay date, and access to your checking account. Their loans are typical available to all credit profiles and do not require collateral.

They differ from companies who provide matching services because payday lenders underwrite and lend money. Many sites will advertise loans and even take an application, but they are not lenders. Instead, they are matching services representing a network of lenders. These sites take your application and then pass them on to the lenders in their network. These networks can consist of hundreds of lenders. In some cases, if the lender may even pass your application on to another lender if they are unable to make a loan to you. One can distinguish direct lenders from matching services by looking at the fine print of most websites. Matching services will say something like, "the operator of this website is NOT A LENDER." Direct lenders will not include this disclaimer.

Nevada Direct Lenders Versus Matching Service

The main advantage of using a matching service is that only one application is required to apply to multiple lenders. This can save time and effort as each application can take 5 to 15 minutes to complete. It can also increase your chances of getting approved as you will hit multiple lenders all at once.

The downside to using a matching services is you are unable to pick the lenders. This means the lenders may include unlicensed lenders as well as licensed lenders. We prefer state-licensed lenders. It also means you may not get the best loan possible as the matching service generally sells the loan to the highest bidder versus the lender with the best deal for you. If you use a matching service, once you are offered a loan, make sure you are comfortable with your lender and the terms. You are never under an obligation to accept the loan you are offered.

Whether you use a matching service or a direct lender there is a high likelihood that your data will end up with other lenders. An NPR article recounts a story where after applying via a matching service (with fake data) the author received calls months later from possible lenders.

We generally do not see anything wrong with a matching service in concept but one should be aware of how the services work. For more information see Direct Lenders or Matching Service.

Licensed Versus Unlicensed Lenders

We prefer Nevada lenders licensed in your state because they are typically more closely regulated and monitored. State-licensed lenders generally must apply, register, and remain compliant in every state in which they operate. As a result, state-licensed lenders are typically larger more permanent companies.

Unlicensed direct lender payday loans operate in Nevada by exporting laws from their state or tribe into Nevada. Tribes are formally recognized American Indian Tribes and generally treated as separate federal entities that operate under their own laws. We have seen an increase in the number of tribal-based lenders. Doshound believes in transparent markets, fair regulations, and consumer choice. To the extent, the existence of tribal lenders increase consumer choice we like this. The creation of the self-regulating Native American Financial Services Association (NAFSA) is also a good thing. We hope to see continued transparency and enforcement to create safer choices for borrowers. For more information see Nevada Payday Loan Laws.

The above is our understanding of how payday lending works in Nevada but we are not a law firm. Please contact the Nevada Financial Institutions Division for more information.