Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday loans in Reno, Nevada
Nevada payday loan rules that apply in Reno
- Max loan amount
- 25% of gross income
- Min loan term
- N/A
- Max loan term
- 35 days
- Finance charge cap
- No strict state limit
- Max absolute fee
- N/A
- Typical APR
- ~652%+
- Rollovers (extensions)
- Permitted (up to 60 days total)
- Simultaneous loans
- No state limit
- Right to rescind
- Next business day
- Governing law
- Nevada Deferred Deposit Loan Law
- Regulator
- NV Fin. Inst. Div.
Reno at a glance
| Metric | Reno | Nevada | United States |
|---|---|---|---|
| Population | 322,956 | 3.1M | 332.3M |
| Median household income | $87,673 | $78,884 | $85,275 |
| Median rent | $1,609/mo | $1,571/mo | $1,432/mo |
| Income spent on rent | 29.7% | 32.6% | 31.6% |
| Homeownership | 57.1% | 59.5% | 65.4% |
| Poverty rate | 11.5% | 12.6% | 12.6% |
| Unemployment rate | 4.8% | 6.8% | 5.3% |
| Without health insurance | 9.8% | 11.3% | 8.6% |
| Veterans | 7.7% | 8.3% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Reno
Move the sliders to see what a payday loan would cost under Nevada rules and how it compares with local incomes.
Example range up to $1,000
Nevada sets no fixed fee; $15 is typical
- Fee
- $75
- Total to repay
- $575
- APR
- 391%
- Total fees with rollovers
- $75
- Share of a two-week household paycheck in Reno
- 2.2%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Reno
- Fee on a $500 loan
- $75
- Share of a two-week household paycheck
- 2.2%
- Hours of work at the local median wage
- 3.5 hours
Nevada sets no fixed fee in dollars, so this example uses a typical fee of $15 per $100 on a $500 loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Reno in context
- Population rank in Nevada
- 3rd
- of 6 Nevada cities with 50,000+ residents
- Median household income rank
- 3rd
- of 6 Nevada cities with 50,000+ residents
- Households earning under $25,000
- 12.9%
- ▼ 1.5 pts vs NV
- Median home value
- $526,165
- ▲ 30% vs NV
- Home value to income
- 6.0×
- A $400 emergency expense
- 1.7 days
- of median household income
Payday loan stores in Reno, NV
Licensed storefront lenders in Reno with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the NV Fin. Inst. Div. before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 280 Vista Knoll Pkwy Reno, NV 89506 | (775) 800-8020 | — | 4.3 |
| 3304 S McCarran Blvd Reno, NV 89502 | (775) 856-2274 | — | 4.2 |
| 490 E Plumb Ln Reno, NV 89502 | (775) 829-2274 | — | 4.5 |
| 595 Keystone Ave Reno, NV 89503 | (775) 624-2274 | — | 4.2 |
| 748 S Meadows Pkwy Reno, NV 89521 | (775) 853-3334 | — | 4.4 |
| 2905 Clear Acre Ln Reno, NV 89512 | (775) 328-1000 | — | 4.7 |
| 5015 W 7th St Reno, NV 89523 | (775) 624-6669 | — | 4.8 |
| 5140 Kietzke Ln Ste C Reno, NV 89511 | (775) 825-6669 | — | 4.7 |
| 555 S Virginia St Ste 101 Reno, NV 89501 | (775) 329-6669 | — | 4.5 |
| 10590 N McCarran Blvd Reno, NV 89503 | (775) 996-1999 | — | 4.7 |
| 5220 Longley Ln Ste 400/500 Reno, NV 89511 | (775) 996-1990 | — | 4.9 |
| 3220 S Virginia St Reno, NV 89502 | (775) 828-2420 | — | 4.9 |
| 900 W 5th St Reno, NV 89503 | (775) 329-2516 | — | 4.9 |
| 5890 S Virginia St Bldg 1 Reno, NV 89502 | (775) 825-2555 | — | 4.8 |
| 180 W Peckham Ln #1140 Reno, NV 89509 | (775) 828-7677 | — | 3.3 |
| Rapid Cash 3650 S Virginia St Ste K-2 Reno, NV 89502 | (775) 636-9560 | — | 4.9 |
| 2870 Northtowne Ln Bldg A, Ste 105 Reno, NV 89512 | (775) 622-9283 | — | 4.8 |
| 5470 Kietzke Ln Ste 300 Off 349 Reno, NV 89511 | (775) 561-0250 | — | 3.5 |
Fast & secure payday loans in Reno, Nevada
Unexpected expenses can happen anytime. If you need urgent cash in Reno, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Reno residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Loans within Nevada limits Loan terms must comply with the Nevada Deferred Deposit Loan Law.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Reno residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Nevada law (Nevada Deferred Deposit Loan Law). Always review the contract terms carefully before signing.
Reno payday loan FAQ
How much cash can I borrow in Reno?
Loan amounts in Reno are typically from $100 up to the Nevada limit (25% of gross income), in line with Nevada lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Reno to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Reno with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Reno?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Reno residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Reno or the surrounding Nevada area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).