Know Before You Owe

Disclosures For Nevada Loan Products (Installment Loans and Auto Title Loans)


Who Is the Creditor?



Annual Percentage Rate


APR and Term Lengths for Installment Loans and Title Loans

Loan Product

Estimated APR

Loan Terms

Installment Loan


Up To 90 Days

Auto Title Loan ($150-$3,000) 240% Up To 210 Days
Auto Title Loan (Above $3,000) 168% Up To 210 Days

Important Notice

Installment Loans and Auto Title Loans are expensive forms of credit. If you make larger payments on your Installment Loan or Auto Title Loan, you will have to pay less interest and the sooner you will pay off your loan.


Cost Comparison Chart




Credit Card

Pawn Loan

Signature Loan

Auto Title Loan






30 days Interest $13.33 $150.00 $166.00 $200.00

Loan Comparison Chart



Loan Product


Biweekly Payments

Total Payments

Total Interest Paid

Payday Loan

2 Weeks




Installment Loan* 90 Days $263.94 $1,583.67 $583.67
Auto Title Loan 210 Days $128.08 $1,921.20 $921.20

*NRS 604A categorizes Installment Loans as “High-Interest Loans.”


Document Preparation Fee: $0

Additional Fees: $20 DMV Fee (Auto Title Loans only).

Prepayment Penalty: If you pay off your loan early, there is no fee or penalty.


Warning: If You Default On Your Line of Credit, You Could Be Sued!

If you miss a payment and default on the Loan Agreement for your Installment Loan, it is possible that a lawsuit could be brought against you and your wages could be garnished.


Warning: If You Default On Your Auto Title Loan, You Could Lose Your Vehicle!

If you miss a payment and default on the Loan Agreement for your Auto Title Loan, it is possible
that your vehicle could be repossessed.


Questions To Ask Yourself

  • Is it necessary for me to borrow the money?
  • Can I afford to pay this loan back in full by the due date?
  • Will I be able to pay my regular bills and repay this loan?
  • Can I afford the extra charges, interest, and fees that may be applied if I miss or fail to make a payment?
  • Are other credit options available to me at this time?

Contact Information For Consumer Counseling

Please see the following link to the U.S. Department of Justice website for a list of federally approved credit counseling agencies:

Spanish Translation

A Spanish translation of this entire document is available here | Una traduccion en espanol de este acuerdo