Nevada pawn loan calculator
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EstimateNevada
$70
maximum charge for the first month
- Total charges
- $70
- To get your item back
- $570
- Monthly rate
- 14.0%
Maximum allowed by state law. A pawn shop can charge less; your pawn ticket shows the real amount.
Pawn shops by city in Nevada
Nevada pawn loan rules
| Maximum charge | Up to 13% a month, plus an initial fee of up to $5. |
| Loan term | You can redeem for at least 90 days. |
| Holding periods | An item under a written police hold cannot be released or sold until the police authorize it. |
| ID required | You must be 18 and show positive identification. |
| Other fees | Vehicle storage up to $3 a day. |
What a pawn loan costs in Nevada
| Loan | First month (max) | To redeem after 1 month |
|---|---|---|
| $100 | $18 | $118 |
| $250 | $37.50 | $287.50 |
| $500 | $70 | $570 |
| $1,000 | $135 | $1,135 |
| $2,000 | $265 | $2,265 |
These are ceilings. The charge on your pawn ticket can be lower, and the ticket must show it with the annual percentage rate. To see two or more months, change the months in the calculator above.
Before you pawn in Nevada
- Bring a valid government-issued photo ID.
- Nevada ID rule: You must be 18 and show positive identification.
- Ask for the total to redeem on the due date and the last day of the grace period.
- Compare at least two shops: see pawn shops in Las Vegas or Reno.
- Read how pawn loans work and what happens if you don't pay.
Questions
How much does a $500 pawn loan cost in Nevada?
At the legal maximum, $70 for the first month, so $570 to get the item back after one month. A $1,000 loan costs up to $135 for the first month. Shops can charge less.
What ID do I need to pawn in Nevada?
You must be 18 and show positive identification.
How many pawn shops are listed in Nevada?
56 pawn shops in 2 cities: Las Vegas, Reno.
Sources
- NRS 646.050: leg.state.nv.us