NEVADA LICENSURE INFORMATION
Costs and Terms of a Typical Installment Loan in the State of Nevada
The figures below are examples of our lending partners’ typical installment loan offers and do not serve as guarantee of any rates and terms that you may qualify for.
| Loan Amount | Repayment Term | APR |
| $500-$4,000 | 9-18 Months | 160% |
Our lending partners will be responsible for underwriting and approving loans, as well as funding approved loans. All loans will be serviced by OppLoans.
Below, are examples of typical loan offers from our lending partners.
Financed by lending partners
Example Offers*
| Loan amount | APR** | Duration | Payments |
| $2,000 | 160% | 9 Months | 9 Payments of $394.58 |
| $3,000 | 160% | 12 Months | 12 Payments of $514.60 |
| $4,000 | 160% | 18 Months | 18 Payments of $595.14 |
*These Example Offers are representative examples of the typical extensions of credit our lending partners offer to qualified applicants. Our lending partners offer a range of possible combinations of credit terms. The above examples do not serve as a guarantee of any rates and terms that you may qualify for.
**Annual Percentage Rate (“APR”) is the cost of your loan expressed at a yearly rate.
NOTICE OF FEES CHARGED FOR INSTALLMENT LOAN SERVICE
The following is a representative example of the Finance Charges for a $2,000 installment loan. This example is based on the assumption that the loan will be repaid as scheduled.
| Amount Financed | Finance Charge | Total of Payment | APR |
| $2,000 | $1,499.60 | $3,499.60 | 159.58 |
Resources: Nevada
*Regulated by the State of Nevada Financial Institutions Division. The Annual Percentage Rate (“APR”) is the cost of your loan expressed at a yearly rate. The above APR is based upon an example loan with a payment schedule of 19 bi-weekly payments of $174.98 and a final payment of $174.98. Please note, the aforementioned finance charge is the total amount of interest that would be paid if the loan is kept out for the full term. Loans may be repaid without penalty. Loan approval and loan terms are based on the lender’s underwriting standards.
NOTICE OF RIGHT TO CONTACT THE STATE OF NEVADA FINANCIAL INSTITUTIONS DIVISION REGARDING CONCERNS OR COMPLAINTS
You may contact the State of Nevada Financial Institutions Division regarding concerns or complaints about the service provider with whom you are dealing with by writing or calling:
State of Nevada Dept. of Business & Industry
Financial Institutions Division
3300 W. Sahara Ave., Suite 250
Las Vegas, Nevada 89102
Toll Free: (866) 858-8951
Phone: (702) 486-2750
Fax: (702) 486-4563
To file a complaint with Nevada Financial Institutions Division: https://fid.nv.gov/uploadedFiles/fidnvgov/content/Home/FID%20Generic%20Complaint%2003%2027%202017.pdf
If you have questions or concerns regarding any installment loan product offered on this website, please visit our FAQs or contact the OppLoans Customer Support Team by phone at (800) 990-9130, Monday – Friday, 7 a.m. – 11:30 p.m. and Saturday and Sunday between 9 a.m. – 5:00 p.m. Central Time, or by sending an email to: info@opploans.com
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