Generally
Nevada has no limit on the rate of interest to which parties may agree so long as the agreement reflects an arms-length transaction.[1] Further, Nevada allows compound interest on loans.[2]
Pawnbrokers and Short Term Loans
Although Nevada does not have a general limitation on interest rates, certain transactions and business are subject to interest rate and other restrictions. Pawnbrokers are prohibited from charging more than 13% interest per month on any loan of money secured by personal property
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Hon. Jay Young (Ret.) is a retired judicial officer with decades of experience presiding over complex civil litigation matters. Following a distinguished career on the bench, Judge Young now serves as a mediator, arbitrator, and court‑appointed special master, and discovery referee. Judge Young brings a disciplined, impartial, and results‑oriented approach to dispute resolution. Judge Young is based in Nevada and accepts appointments statewide and nationally, subject to agreement or court order. He can be reached at 855.777.4557 or info@armadr.com
Known for judicial temperament, analytical rigor, and practical problem‑solving, Judge Young assists litigants and counsel in resolving high‑stakes disputes efficiently and with integrity and employing best practices. He is recognized by U.S. News and World Report’s publication Best Lawyers as Arbitration Lawyer of the Year.