Nevada Payday Loan Cash Advance Fees, Rates & Interest
Spotya! Loan Fee Calculator
Use the fields below to calculate the fees and rates for your payday loan.
Spotya! is delighted to offer payday loans to the residents of Nevada. It is important to us to remain compliant with all federal and state laws governing the payday loan industry. Your Spotya payday loan agreement will be governed by the laws applicable in Nevada. In accordance with the Federal Truth In Lending Act, please review this page for our full disclosure of loans fees and the corresponding Annual Percentage Rate (APR).
Maximum Loan Amount
There is No Maximum Fee Amount Set for Nevada Payday Loans
- Other Payday Loan Companies Charge $25.00-$40.00 per $100.00
Spotya Payday Loan Fee
- $20.00 per $100.00 (Please see APR above)
Our Loan Terms
Your Spotya! payday loan will be scheduled for repayment on your pay date within the next 7 to 30 days. We do not exceed 20 days loan periods unless you are only paid once per month. Verifiable payroll direct deposit to your checking account is required for approval.
Current Pay Stub Required
Due to state law, all Spotya! payday loan customers residing in Nevada must have a pay stub on file. Existing customers must have a pay stub on file dated within one year. If you do not already have a current pay stub on file with us, please fax or e-mail us your most recent pay stub to ensure that your loan can be processed as quickly as possible. For other income sources, such as Social Security or disability, a current bank statement is required for verification. Documents can be sent via email to [email protected] or via fax to (877)776-8921 – 24 hours a day, 7 days a week. Once the required documentation is received, your payday loan will be processed.
Extensions or “Roll Overs”
In accordance with Nevada state law and Spotya! company policy, if you are paid weekly, biweekly, or twice per month, you will have the option to extend your loan a maximum of 3 times before payment in full is required. If you are monthly, you will have the option to extend your loan a maximum of 1 time before full payment is required. A loan extension requires that you pay the original loan fee and contract with us for a new loan term whereupon an additional fee will apply.
Spotya customers in Nevada should be aware that this loan is governed by the Nevada Financial Institutions Division. This is a short term loan and should be used for urgent, short term financial needs only. Your Spotya! payday loan is not meant to meet long term financial needs. If your loan enters into default, please be advised that you have the option to enter into a repayment plan within 15 days of the default date.
Governing Law Information
Nevada Financial Institutions Division
2785 E. Desert Inn Rd., Suite 180 Las Vegas NV 89121
Ph: (702) 486-4120