NEVADA RATES, FEES & LICENSING

At CASH 1, we adhere to the values promoted by the Community Financial Services Association (CFSA) and the guidelines set forth by the Consumer Financial Protection Bureau (CFPB). We believe in promoting responsible lending practices and encourage our customers to practice educated and responsible borrowing.

Know Before You Owe

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

? WHO IS THE CREDITOR?

CASH 1, LLC

% ANNUAL PERCENTAGE RATE (APR)

APR and Term Lengths for Installment Loans and Auto Title Loans
Loan Product Estimated APR Loan Term
Installment Loan 390% 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 and should be used for short-term financial needs only and not as a long-term financial solution. 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

BASED ON $1,000 LOAN
Credit Card Pawn Loan Signature Loan Auto Title Loan
APR 16% 180% 199% 240%
30 Days' Interest $13.33 $150.00 $166.00 $200.00

$ LOAN COMPARISON CHART

ESTIMATES BASED ON $1,000 LOAN
Loan Product Term Biweekly Payments Total Payments Total Interest Paid
Payday Loan 2 Weeks $1,180.00 $1,180.00 $180.00
Installment Loan* 90 Days $263.94 $1,583.67 $583.67
Auto Title Loan 210 Days $128.08 $1,921.20 $921.20

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

$ FEES

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 INSTALLMENT LOAN, 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.

! 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

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

NEVADA LICENSES

CASH 1 is licensed and regulated by the Nevada Financial Institutions Division.

Address: CASH 1 is licensed and regulated by the Nevada Financial Institutions Division.
Carson City, NV 89701
Phone: 775-687-5522
Fax: 775-687-5523

View Licenses

NEVADA REQUIREMENTS

  1. Clear Car Title (Title Loan only)
  2. Your Vehicle for Inspection (Title Loan only)
  3. Proof of Income
  4. Government Issued I.D.
  5. Not on Active Duty in Military
  6. Be at Least 18 Years Old

Contact Information For Consumer Counseling

Customers with credit difficulties should seek credit counseling before entering into an Installment Loan or Auto Title Loan. 
Please see the following link to the U.S. Department of Justice website for a list of federally approved credit counseling agencies: http://www.justice.gov/ust/eo/bapcpa/ccde/cc_approved.htm

Spanish Translation

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