Reno, NV Payday Loans Lenders

10 local stores from 6 companies located in Reno, NV
Rating
Reviews
Lender
4.50
69
reviews
Advance America
Advance America
has 1 office
4.20
10
reviews
Check 'n Go
Check 'n Go
has 1 office
4.47
98
reviews
Check City
Check City
has 2 offices
4.10
127
reviews
Moneytree
Moneytree
has 4 offices
4.80
134
reviews
Speedy Cash
Speedy Cash
has 1 office
5.00
8
reviews
USA Cash Services
USA Cash Services
has 1 office

All Reno, NV Lenders Offices by Rating

Rating
Office Address
5.00
8 reviews
USA Cash Services
699 E Moana Lane, Reno, NV 89502 show on map
tel: 775-852-5511
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–6PM
Saturday: 9AM–1PM
Sunday: Closed
4.80
134 reviews
Rapid Cash
3650 S Virginia St Suite K2, Reno, NV 89502 show on map
tel: 775-636-9560
Hours:
Monday: 8AM–8PM
Tuesday: 8AM–8PM
Wednesday: 8AM–8PM
Thursday: 8AM–8PM
Friday: 8AM–8PM
Saturday: 8AM–8PM
Sunday: Closed
4.60
13 reviews
Moneytree
5015 West 7th Street, Reno, NV 89523 show on map
tel: 775-624-6669
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–7PM
Saturday: 10AM–5PM
Sunday: Closed
4.50
69 reviews
Advance America
5005 S. McCarran Blvd., Reno, NV 89502 show on map
permanently closed
4.50
54 reviews
Check City
5220 Longley Lane Ste 400/500, Reno, NV 89511 show on map
tel: 775-996-1990
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–6PM
Saturday: 10AM–6PM
Sunday: Closed
4.45
44 reviews
Check City
10590 North McCarran Boulevard, Reno, NV 89503 show on map
tel: 775-996-1999
Hours:
Monday: 9AM–7PM
Tuesday: 9AM–7PM
Wednesday: 9AM–7PM
Thursday: 9AM–7PM
Friday: 9AM–7PM
Saturday: 9AM–7PM
Sunday: Closed
4.40
53 reviews
Moneytree
555 South Virginia Street Suite 101, Reno, NV 89501 show on map
tel: 775-329-6669
Hours:
Monday: 9AM–7PM
Tuesday: 9AM–7PM
Wednesday: 9AM–7PM
Thursday: 9AM–7PM
Friday: 9AM–7PM
Saturday: 10AM–5PM
Sunday: Closed
4.20
10 reviews
Check 'n Go
969 W. Moana Ln., Reno, NV 89509 show on map
tel: 775-200-9078
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–6PM
Saturday: Closed
Sunday: Closed
3.80
41 review
Moneytree
2905 Clearacre Lane, Reno, NV 89512 show on map
tel: 775-328-1000
Hours:
Monday: 9AM–8PM
Tuesday: 9AM–8PM
Wednesday: 9AM–8PM
Thursday: 9AM–8PM
Friday: 9AM–8PM
Saturday: 9AM–7PM
Sunday: 10AM–4PM
3.60
20 reviews
Moneytree
5140 Kietzke Lane Suite C, Reno, NV 89511 show on map
tel: 775-825-6669
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–7PM
Saturday: 10AM–5PM
Sunday: Closed
Near By Cities by Office Count

5 CFPB Complaints in Reno

There were 5 CFPB complaints in Reno since Dec 2014.

Complaints over Years

Top 5 Companies

  • Check into Cash: 1
  • Advance America: 1
  • Check 'n Go: 1
  • Speedy Cash: 1
  • Ace Cash Express: 1

Top 3 Complaints Issues

  • Attempts to collect debt not owed: 2
  • Communication tactics: 1
  • Can't contact lender: 1

Latest Reviews

Danny E.
5 / 5 Sep 23, 2022
about Check City's office
10590 North McCarran Boulevard, Reno, NV 89503
Bill
5 / 5 Aug 30, 2022
about Check City's office
5220 Longley Lane Ste 400/500, Reno, NV 89511
David Judd
5 / 5 Aug 22, 2022
about Moneytree's office
5015 West 7th Street, Reno, NV 89523
Randolph Harwell
5 / 5 Aug 18, 2022
about Rapid Cash's office
3650 S Virginia St Suite K2, Reno, NV 89502
Melanie C.
5 / 5 May 28, 2022
about Check City's office
10590 North McCarran Boulevard, Reno, NV 89503
John-David P.
5 / 5 May 1, 2022
about Advance America's office
5005 S. McCarran Blvd., Reno, NV 89502

Reno is a city in the north-west of Nevada with a population of 248 853 people. Located in Washoe County, it is the fourth largest city in the state. It is known worldwide as “The Biggest Little City in the World” – a kind of brand that local businessmen promoted in the early 1900s.

Also, it attracts small and medium-size companies that specialize in various spheres, and payday loan lending firms are no exception. Reno is home to a number of long-standing lenders, such as Check into Cash, Check City, Advance America, Frog Center, Money Point, Moneytree. There are always people in need of quick money and, consequently, some ground for these businesses to flourish. Not uncommonly, some payday loan businesses in Reno and the rest of Nevada are run by members of local tribal groups, as they enjoy a number of privileges, freedoms and support by the so-called Tribal Government.

Reno Payday Loan Legislation

Nevada’s legislation creates a kind of terrific environment for payday loan lenders. There are no limits to the loan size, except it should not be more than 25% of gross monthly income. There are no limits to APR, minimum loan term, finance charges or number of rollovers either. The maximum loan term is 35 days. This gives quite a bit of freedoms to lenders and poses a danger of getting seriously trapped for borrowers.

Although Nevada law prohibits any rough acts against borrowers, who fail to pay back on due date, there have been such occasions. Besides, tough measures can be applied to those who deliberately fail to pay back.

Geography

Nevada is located in a semi-arid area in the west of the Great Basin on the eastern slope of the Sierra Nevada mountain range (4,400 ft above sea level). The Truckee River feeds drinking water to the city. There are quite a number of faults in the region, which make it seismically unstable: a series of earthquakes occurred in 2008 measuring about 5 on the Richter scale and causing damage to a number of homes in the city.

History

Reno’s history began with a toll bridge across the Truckee River, which was built in 1859 to connect Virginia City and the California Trail. The crossing was to ease the traffic of emigrants coming in to settle around the newly discovered silver and gold sites. In 1868, the transcontinental railroad reached the place, and the city got an official status. By the early 1900s, Reno became an attraction, especially during the 1910 heavyweight contest. Spectators would receive greeting cards with the slogan “The Biggest Little City in the World” written on them: that was to become the brand slogan for the city in 1929. Indeed, spectators and newcomers noted that the town looked great for its size (it had a population of around 10 000 people at the time). There was a university and renovated downtown area, which was not quite so typical of America’s towns of that time.

Population and Demographics

By now, Reno’s population has reached 248 853 people, median age is 35.5 years old. Average price for a home is $265 147, and 47.5% of the population have a home in possession. Household incomes average $52 106, median individual income is $28 207. Rents average $1 178. About 18.5% of the households have incomes ranging from $50 000 to $75 000, and 21.6% of households have six-figure incomes. The unemployment rate is 6.7%.

Reno is as ethnically diverse as the rest of Nevada. The racial makeup is: whites are an overwhelming majority (77.5%), Hispanic whites are 25.2%, Asians account for 6.4%, Blacks – 2.6%, Native Americans are 1.2%.

Reno Today

Nowadays, Reno is an attraction for tourists from nearby and other states. It is home to some exciting events, such as Hot August Nights, the Reno Air Races, the Great Reno Balloon Race, etc. During the 2000s, the city witnessed an inflow of high-tech businesses, which wouldn’t stop even after the 2008 recession. Finally, Reno is a huge educational center: its top employers are the Washoe County School District and the University of Nevada. 

Reno Residents Debt-to-Income Ratios
Reno residents have 678 median credit score and the average number of late payments is about 3.09. Below represented DTI (Debt-to-Income) ratios shows how Reno residents debts stacks up against their income. As of 2020.
Credit Card DTI
6.84%
Mortgage DTI
521.10%
Car Loan DTI
36.79%
Student Loan DTI
44.38%
Reno Residents Financial Statistics
Below represented statistics is for Reno, Washoe County, Nevada. As of 2019.
Median age of Reno's residents, years
35
Labour force participation rate, %
68.1%
Unemployment rate, %
5.4%
% of residents with no health insurance
9.8%
Median individual income, USD
$31,399
Median household income, USD
$58,790
% of households with income under $35,000
28.2%
% of households with income $35,000 - $75,000
33.1%
% of households with income $75,000 - $100,000
12.7%
% of households with income over $100,000
26.0%
% of households that own their residence
48.0%
Median home value owned by residents, USD
$332,902
Median rent cost, USD
$1,029
Rent Burden, %
29.0%
Some official sources of data we used to build this page:
ACS CENSUS IRS USGS
Nevada Flag
Reno, NV
Payday Loans are legal* in Nevada.
Store
10 Local Stores
Company
6 Companies
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446 Reviews
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