Title Loans in Nevada

Nevada permits title lending without caps on interest rates or loan amounts. The Financial Institutions Division licenses title lenders. Given the lack of rate restrictions, Nevada borrowers should compare multiple offers and understand all costs before borrowing.

How Title Loans Work in Nevada

Nevada title loans use your vehicle title as collateral for a loan. The lender places a lien on your title while you continue driving. Loan amounts are based on your vehicle's value, and you repay according to the terms you agree to.

Nevada Title Loan Regulations

The Nevada Financial Institutions Division oversees title lending. Lenders must be licensed, but Nevada has few restrictions on loan terms, rates, or amounts.

• Lenders must be licensed with the Nevada Financial Institutions Division
• Maximum loan amount: No statutory cap
• Maximum interest rate: No cap
• Cooling-off period: None

Typical Terms in Nevada

While terms vary by lender, here's what you can typically expect:

• Loan amounts: $100 to $10,000+ depending on vehicle value
• APR¹: Often 150% to 300% or higher
• Loan terms: Usually 30 days to 12 months
• Loan-to-value: Typically 25% to 50% of vehicle value