{"data":{"id":"us-nv/nrs-604a.210","jurisdiction":"us-nv","citation":"NRS 604A.210","heading":"Chapter does not prohibit licensee from offering customer grace period; restrictions.","body":"1. The provisions of this chapter do not prohibit a licensee from offering a customer a grace period on the repayment of a loan or an extension of a loan, except that the licensee shall not grant a grace period for the purpose of artificially increasing the amount which a customer would otherwise qualify to borrow.\n2. Except in compliance with the provisions of NRS 604A.501, subsection 2 of NRS 604A.5029, NRS 604A.5037, subsection 2 of NRS 604A.5057 or NRS 604A.5074, where they apply, a licensee shall not:\n(a) Condition the granting of the grace period on the customer making any new loan agreement or adding any addendum or term to an existing loan agreement; or\n(b) Charge the customer interest at a rate in excess of that described in the existing loan agreement.","path":["TITLE 52 — TRADE REGULATIONS AND PRACTICES","CHAPTER 604A - DEFERRED DEPOSIT LOANS, HIGH-INTEREST LOANS, TITLE LOANS AND CHECK-CASHING SERVICES","SCOPE AND APPLICABILITY"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-604A.html#NRS604ASec210","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:43Z","sha256":"091c8161822884aec18b7c1807ceb254c1cf0ef46036d4a8100d8a76524e8e55","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-604a.200","next":"us-nv/nrs-604a.220"},"notice":"GroundRules: Original legal text. Not legal advice."}