What is the cost of a Nevada installment loan?
Installment loans are available from $50 to $5,0001 with approval. The amount of your payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan with biweekly payments and a three-month loan term as an example:
3-Month Loan Term: A $500 loan would have a total repayment of $803.86, which includes finance charges of $303.86 and is based upon you agreeing to make one payment of $136.50, four payments of $133.50, due every two weeks, and one final payment of $133.36 with an APR (Annual Percentage Rate) of 405.03%.*
1Subject to qualifications and limitations.
*The Annual Percentage Rate (“APR”) is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.