Consumer & commercial lending in Nevada

Who needs this in Nevada

A company that makes consumer loans to Nevada residents generally needs a high-interest / installment / title-loan license (confirm category) from Nevada Financial Institutions Division when the product, rate, or amount crosses the state’s trigger. Banks and credit unions lending under a charter are usually exempt. Commercial-purpose loans often sit outside the consumer statute — confirm before you treat a business loan as unlicensed.

Where to file

Nevada splits products across several FID licenses. Map the product on the FID NMLS checklist. Mortgage lending files with the Division of Mortgage Lending instead. File in Nevada because the borrower lives there, not because your office does.

Federal overlay

TILA / Regulation Z, ECOA, FCRA, and CFPB supervision sit on top of the state license. A state license does not create a federal charter.

Sources

• NMLS / CSBS state agency contacts