Payday Loans in Las Vegas, NV

RoosterLend offers online payday loans to eligible borrowers in Las Vegas, Nevada. RoosterLend is affiliated with a direct lender, and loans are made by the lender named in your loan agreement. You apply online, and if you're approved, you review your full loan terms before you decide.

Whether you live in Summerlin, Spring Valley, the east side or downtown, the process is the same: there's no need to drive across the valley to a storefront. This page covers how payday loans work in Las Vegas, what they cost, the Nevada rules that apply, and the local organizations that can help if a loan isn't the right fit.

How payday loans work in Las Vegas

A payday loan is a short-term loan, generally repaid in one payment on the due date in your agreement, often around your next payday. Nevada law calls it a deferred deposit loan.

1. Apply online

   Fill out the application from your phone or computer. See loan requirements for what to have ready.

2. Application review

   The lender reviews your application, including whether you can repay, as Nevada law requires.

3. Review your terms

   If you're approved, your loan agreement shows the APR, finance charge, amount financed, total of payments and due date. You're not obligated to accept.

4. Receive funds and repay

   Funds are deposited after approval and every loan step is complete. You repay on the date in your agreement.

What a payday loan costs

Payday loans are an expensive form of credit. Your loan agreement shows the cost two ways: the finance charge, which is the dollar cost, and the APR, which is that cost as a yearly rate. Because the term is short, payday loan APRs are much higher than those of credit cards or longer-term loans. Check the finance charge against your budget before you sign: you'll need to repay the amount you borrowed plus that charge on your due date and still cover rent, utilities and groceries.

If one payment on your next payday would be hard, compare an installment loan, which spreads repayment over scheduled payments. A longer loan can still cost more in total, so compare the total of payments.

Nevada rules that protect Las Vegas borrowers

Payday lending in Las Vegas is governed by state law, NRS Chapter 604A. The key protections:

• The original loan term can't be longer than 35 days, and any extension can't push repayment past 90 days from the start of the loan (NRS 604A.501).
• The lender has to determine that you can repay before making the loan (NRS 604A.5011).
• Your payday loans together can't be more than 25 percent of your expected gross monthly income (NRS 604A.5017).
• You can cancel the loan by the close of business on the next business day (NRS 604A.5023).
• You can pay the loan off early without an extra charge (NRS 604A.5024).
• You may qualify for an extended payment plan of at least four payments over at least 60 days (NRS 604A.5026).
• If you default, the lender has to offer a repayment plan before filing a lawsuit (NRS 604A.5027).

For a deeper walkthrough, read our guide to online payday loans in Las Vegas or see Nevada State Disclosures.

Who may qualify

Eligible borrowers who meet the lender's eligibility and underwriting requirements can apply. The application may ask for valid identification, contact information, proof of income, employment details, bank account information and your current address. Approval isn't guaranteed, and loans are not available to members of the military. Service members and their families can get free financial counseling through their installation's family support center.

Local help in Las Vegas

A payday loan isn't always the best answer. These Las Vegas organizations can help you compare options, understand your rights or deal with a loan you already have. RoosterLend isn't affiliated with any of them.

• Legal Aid Center of Southern NevadaFree civil legal help for low-income Southern Nevadans, including a payday and title loan class and guidance on Nevada's high-interest loan laws. 725 E. Charleston Blvd., Las Vegas, NV 89104 · (702) 386-1070. Walk-in hours are Monday through Thursday, 9:00 a.m. to 4:00 p.m.
• Nevada Financial Institutions Division, Las Vegas officeThe state agency that licenses and supervises payday lenders. Contact it to check a lender's license or make a complaint. 3300 W. Sahara Ave., Suite 250, Las Vegas, NV 89102 · (702) 486-4120.
• Las Vegas credit unionsClark County Credit Union, Silver State Schools Credit Union and One Nevada Credit Union all serve Las Vegas members. Ask about small-dollar loans or short-term help; some federal credit unions offer capped-cost payday alternative loans, explained at MyCreditUnion.gov.
• 211Dial 2-1-1 to find help with rent, utilities and food in Southern Nevada.

More options are on our financial resources page.

Before you apply

• Borrow only what you need, not the most you're offered.
• Make sure you can repay on your due date and still cover your regular bills.
• Read the finance charge, APR and due date in your agreement before you sign.
• If you can't pay on time, contact the lender before the due date and ask about an extended payment plan.

Our responsible borrowing guide has more questions to ask yourself first.

Payday loans in Las Vegas: common questions

Sources

• Nevada Revised Statutes, Chapter 604A
• Nevada Financial Institutions Division, contact information
• Legal Aid Center of Southern Nevada, payday loans