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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 604A.5053: Partial payment on loan.

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Where this section sits in the code
  1. TITLE 52 — TRADE REGULATIONS AND PRACTICES
  2. CHAPTER 604A - DEFERRED DEPOSIT LOANS, HIGH-INTEREST LOANS, TITLE LOANS AND CHECK-CASHING SERVICES
  3. REGULATION OF BUSINESS PRACTICES
  4. High-Interest Loan Services

1. A customer may make a partial payment on a high-interest loan, or any extension thereof, at any time without an additional charge or fee.

2. If a customer makes such a partial payment, the licensee shall give to the customer a receipt with the following information:

(a) The name and address of the licensee;

(b) The identification number assigned to the loan agreement or other information that identifies the high-interest loan;

(c) The date of the payment;

(d) The amount paid;

(e) An itemization of interest, charges and fees;

(f) The balance due on the high-interest loan; and

(g) If more than one loan made by the licensee to the customer was outstanding at the time the payment was made, a statement indicating to which loan the payment was applied.

Collected 2026-09-03T05:51:43Z. Source file · JSON

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