Loan Amounts
In Nevada, the minimum loan amount online is $100.00 and $50.00 in store.
The maximum loan amount will be determined on an individual basis based on your income and other factors.
Loan Balances
Loan balances, including fees, cannot exceed 25% of your gross monthly income.
Loan Terms
A minimum of 4 days and a maximum of 35 days
Permitted Fees
The cost of a loan is $8.25 per $100 per week.
The Annual Percentage Rate (APR) will vary depending on the length of your loan (see table below). Please see your loan agreement for the APR and other terms applicable to your loan.
You agree that we charge interest per $100 of principal balance prorated to the actual principal balance for a 14-day standard period, and we also prorate the interest charged if your payment period is shorter or longer than our standard 14 day period according to the number of days in the period at a rate of 1/14th of the period interest per day. Interest is earned daily. The interest charged for any extension is calculated using this same method.
Extensions
If you do not want to repay your loan on the due date you may extend your loan until your next payday. If you qualify, we may renew your deferred deposit loan up to four (4) times. The extension period cannot exceed 60 days after the expiration of your initial loan period. We encourage taking advantage of the option to make a partial payment on the loan balance when requesting an extension.
You may request these changes by logging into your online account and or by calling a customer service representative. Renewal requests must be received by 6:00 PM PST on the business day before your loan is due.
Extended Payment Plan (EPP)
The state of Nevada gives Deferred Deposit Loan borrowers the opportunity to repay their Deferred Deposit Loan in 4 installments over 60 days rather than in a single lump-sum payment. This option comes with no additional cost and is known as an Extended Payment Plan or EPP.
The Extended Payment Plan option may be selected by borrowers once within a 12-month period.
All check cashing fees are calculated as a percentage of the check amount, and all other check cashing fees are calculated per check. Customers need to have ID verification to cash a check to avoid the No ID Verification Fee.
In Nevada, Check City customers can cash the following types of checks:
- Payroll checks
- Personal in state checks
- Personal out of state checks
- Money order with receipt checks
- Money order without receipt checks
- Government checks
- Insurance checks
- Tax refund checks
- 401K checks
- Commercial checks
- Rebate checks
- Cashier's checks
- Settlement checks
Proof of Income
By Nevada regulation, all Nevada customers must have a pay stub on file with Checkcity.com when receiving a payday loan. Please fax or email your latest pay stub when applying to ensure quick processing of your loan. If you receive income by means other than an employer, please fax or email other proof of your Social Security, disability, child support or alimony payments. All materials may be sent via fax to (866) 430-8030 or via email to info@checkcity.com. As soon as we receive this, we will be able to complete your loan request.
Your Right to Rescind (Cancel) this Loan
A borrower may rescind a payday loan agreement without cost for any reason, not later than 5:00 PM PST on the close of business day following the disbursement date.
NOTICE OF RIGHT TO FILE A WRITTEN COMPLAINT TO THE COMMISSIONER OF THE FINANCIAL INSTITUTIONS DIVISION
CLICK HERE FOR PRINTABLE VERSION IN ENGLISH AND SPANISH
You may file a written complaint with the Commissioner of the Financial Institutions Division by submitting a signed complaint form to the Office of the Commissioner. The required complaint form can be found on the homepage of the Financial Institution’s website: www.fid.nv.gov, or you may request a complaint form via telephone by calling the toll-free telephone number: 1 (866) 858-8951, or in-person: 3300 W. Sahara, Suite 250, Las Vegas, Nevada 89102
IMPORTANT INFORMATION ABOUT NEW PROCEDURES FOR OPENING AN ACCOUNT MANDATED BY THE USA PATRIOT ACT
To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act, a Federal law, requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account, including business accounts.
What this means for you:
When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
NOTICE OF RIGHT TO ENTER INTO A REPAYMENT PLAN
If you default on a loan, the licensee must offer you repayment plan in compliance with NRS 604A.5027, NRS 604A.5055 or NRS 604A.5083 before the licensee commences any civil action or process of alternative dispute resolution or repossesses a vehicle.
NOTIFICACIÓN DEL DERECHO A PRESENTAR UNA QUEJA POR ESCRITO ANTE EL COMISIONADO DE LA DIVISIÓN DE INSTITUCIONES FINANCIERAS
Puede presentar una queja por escrito ante el Comisionado de la División de Instituciones Financieras enviando un formulario de quejas firmado a la Oficina del Comisionado. El formulario de quejas correspondiente se encuentra en la página principal del sitio web de la División de Instituciones Financieras: www.fid.nv.gov. Asimismo, puede solicitar un formulario de quejas por teléfono llamando sin cargo al 1 (866) 858-8951 o en persona dirigiéndose a 3300 W. Sahara, Suite 250, Las Vegas, Nevada 89102.
INFORMACIÓN IMPORTANTE SOBRE LOS NUEVOS PROCEDIMIENTOS PARA ABRIR UNA CUENTA POR DISPOSICIÓN DE LA LEY PATRIOTA DE EE. UU.
Para ayudar al gobierno en la lucha contra el financiamiento del terrorismo y el lavado de dinero, la Ley Patriota de los EE. UU. (USA PATRIOT Act), de alcance federal, exige que todas las instituciones financieras obtengan, verifiquen y registren datos que identifiquen a toda persona que abra una cuenta, incluidas las cuentas comerciales.
¿Qué implica esto para usted?
Cuando abra una cuenta, le pediremos su nombre, dirección, fecha de nacimiento y otros datos que nos permitirán identificarlo. También es posible que le solicitemos su licencia de conducir u otros documentos que lo identifiquen.
NOTIFICACIÓN DEL DERECHO A INGRESAR EN UN PLAN DE PAGO
Si usted incumple el pago de un préstamo, el licenciatario, antes de iniciar cualquier acción civil o proceso alternativo de resolución de disputas o de embargar un vehículo, debe ofrecerle un plan de pago de conformidad con los Estatutos Revisados de Nevada NRS 604A.5027, NRS 604A.5055 y NRS 604A.5083.
Loan License and Registration
We are licensed and regulated by Nevada Financial Institutions Division
Address: 3300 W. Sahara Ave, Suite 250 Las Vegas, NV 89102
Phone: (702) 486-4120
Fax: (702) 486-4563
