NRS 604A.588: Certain licensees required to offer repayment plan.
Where this section sits in the code
- TITLE 52 — TRADE REGULATIONS AND PRACTICES
- CHAPTER 604A - DEFERRED DEPOSIT LOANS, HIGH-INTEREST LOANS, TITLE LOANS AND CHECK-CASHING SERVICES
- PAYDAY LENDER BEST PRACTICES ACT
- High-Interest Loan Services
A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall provide to any customer who is unable to repay a high-interest loan in accordance with the loan agreement between the licensee and the customer the opportunity to enter into a repayment plan pursuant to NRS 604A.5055. Such a licensee shall disclose the availability of such a repayment plan to any customer who is unable to repay a high-interest loan.
Collected 2026-09-03T05:51:43Z. Source file · JSON