This site is geared towards those looking for online personal loans, but that doesn’t mean you don’t have other options when it comes to getting quick cash. Most of us have been down this road before. You may only need a few hundred dollars but all the loan offers you receive won’t go under a thousand. Or you need well over 5k, but the companies you spoke with refuse to offer anything more than a few hundred dollars. In situations like these it pays to know what your financing options are. Here in Nevada you don’t have to settle on any specific loan that’s thrown your way. Do you research and homework and there’s a much better chance you’ll get the money and terms you were initially looking for. Let’s get into the handful of loans that are available to those in Las Vegas.
As always we’re going to start with a traditional payday loan. Many locals come to this site after searching for terms like payday loans near me and that’s no surprise! When compared to other neighboring states, Nevada is rather lenient when it comes to the financing terms available to applicants. For the most part there’s no limit on terms or amounts all throughout the state. One cap to consider is that you can’t take on more than 25% of your gross monthly income. Other than that small qualifier, any resident in Las Vegas will have plenty of options available. Once you understand the legality questions you will need to decide if a cash advance is even the best outcome for your short term money needs. Most payday loan companies charge huge finance charges and it’s always going to be best to look at other borrowing methods. Can you contact your local bank or credit union to see if they can help you? Most of us are already past this point as bad credit will often lead to flat denial. That doesn’t mean you can’t ask someone at your local bank to see if there are any special programs in place. Another choice to consider, is whether or not any social service organization within greater Las Vegas can assist with your needs. Do you need a small amount of money to pay for utilities? Or do you need cash to pay for food or other essentials? The State of Nevada and local cities have programs in place to assists citizens in these types of situations. As an example for someone who may need help with utilities, check out the Nevada Energy Assistance Program. With this resource low income Nevada residents can get help from the Government to pay for much needed utility bills. A resource like this is a much better solution than if you took out a payday loan or got a credit card advance!
Make the Right Choice Before You Get A Payday Loan
You may also want to consider long term personal loans if you need more than a few hundred dollars. Most of these companies operate as installment loan services and they will often provide thousands of dollars if you qualify. Interest rates are still high, but you won’t see APR’s like what you get with typical online payday loans. We know there are at least a dozen installment loan services within the state of Nevada. Many are nationwide companies where you can apply anytime online. There are a handful of lenders who have local retail shops in big cities like Las Vegas. Some will operate in smaller locations like Reno, Sparks and Henderson as well. Most of these local finance companies will require you come in and meet with them in person. You can often fill out an application and get cash that same day. The benefit of working with a neighborhood company is obvious when you consider the fact that they hand the cash to you in person. Lastly, anyone on Nevada can also look into a car title loan. Unlike a typical payday loan, online title loans are secured. You use your vehicle as collateral to get money from a lending agency. Most title lenders will let you keep driving your vehicle and you can receive a good amount of cash regardless of your credit history. The risk here is if you fall behind on payments or run into other problems as the lender can repossess your vehicle after one missed payment. It’s important to consider all your lending options before you decide on any one service. Do your homework, consult friends & family and make a wise and informed decision.