Terms for Payday Loans

A payday loan is small dollar loan usually between $100-$1,000 (depending on income and state laws) that is designed to help you pay for immediate expenses until your next payday. The loan balance is usually repaid on your next payday.

Requirements for NV payday loans are:

• Your maximum loan amount may not exceed $1,000 or the combination of Principal and Fees that equals 25% of your gross monthly income, whichever is less.
• Your loan term cannot exceed 35 days.
• If you qualify, we may allow you to extend your loan up to four times as long as the total number of days from your first loan date and all your renewals is not over 90 days.
• Under Nevada law, all Nevada customers must have a proof of income on file with Cash Factory USA when applying for a loan.

Payday Loan Fee Schedule and APR

Please click here for detailed fee schedule and APR

Terms for Installment Loans

An installment loan is multi-payment loan usually between $100-$1,000 (depending on income and state laws) that is designed to help you pay for immediate expenses and repay the balance over the next several months.

Requirements for NV installment loans are:

• Your maximum loan amount may not exceed $1,000 or the combination of Principal and Fees that equals 25% of your gross monthly income, whichever is less.
• Your loan term cannot exceed 90 days.
• Your loan payments will be scheduled to occur on each of your paydays.
• Under Nevada law, all Nevada customers must have a proof of income on file with Cash Factory USA when applying for a loan.

Installment Loan Fee Schedule and APR

Please click here for detailed fee schedule and APR

Payday and Installment Loan License

Cash Factory USA is licensed to do business in Nevada pursuant to Nevada Revised Statute Section 604A et. seq. All lending activity is regulated and examined by the Nevada Division of Financial Institutions.

Nevada Deferred Deposit License

NOTICE OF RIGHT TO ENTER INTO A REPAYMENT PLAN

If you default on a loan, the licensee must offer you repayment plan in compliance with NRS 604A.5027, NRS 604A.5055 or NRS 604A.5083 before the licensee commences any civil action or process of alternative dispute resolution or repossesses a vehicle.

NOTICE OF RIGHT TO FILE A WRITTEN COMPLAINT TO THE COMMISSIONER OF THE FINANCIAL INSTITUTIONS DIVISION

You may file a written complaint with the Commissioner of the Financial Institutions Division by submitting a signed complaint form to the Office of the Commissioner. The required complaint form can be found on the homepage of the Financial Institution’s website: www.fid.nv.gov, or you may request a complaint form via telephone by calling the toll-free telephone number: 1 (866) 858-8951, or in-person: 3300 W. Sahara, Suite 250, Las Vegas, Nevada 89102