In the state of Nevada, the cost for a deferred deposit loan
varies depending on the length of your loan and amount you
borrow, however there is a minimum fee of $10.00. For example,
if you borrow $200.00 for 14 days, our fee would be $40.00,
which equals APR of 521.43%. This is approximately $10 per
week
for every $100.00 you borrow. This APR is based on an
example
term of one payment due in 14 days.
The APR may increase or decrease from a maximum of 1460% (for
a
5 day $50 loan) to a minimum of (521.29% for a 22 day $50
loan). APR variations are base on two factors. The first APR
variation is caused by our minimum fee of $10.00. The second
APR variation is caused by rounding (and our commitment to
fully and accurately disclose our finance charges and APRs),
since we must round fees to the nearest cent. If your actual
payday loan is different than this example. Please use
our fee calculator to determine the exact cost of
your payday loan before
you apply.