{"data":{"id":"us-nv/nrs-604a.5037","jurisdiction":"us-nv","citation":"NRS 604A.5037","heading":"Limitations on original term.","body":"1. Except as otherwise provided in this chapter, the original term of a high-interest loan must not exceed 35 days.\n2. The original term of a high-interest loan may be up to 90 days if:\n(a) The loan provides for payments in installments;\n(b) The payments are calculated to ratably and fully amortize the entire amount of principal and interest payable on the loan;\n(c) The loan is not subject to any extension;\n(d) The loan does not require a balloon payment of any kind; and\n(e) The loan is not a deferred deposit loan.\n3. Notwithstanding the provisions of NRS 604A.5057, a licensee who operates a high-interest loan service shall not agree to establish or extend the period for the repayment, renewal, refinancing or consolidation of an outstanding high-interest loan for a period that exceeds 90 days after the date of origination of the loan.","path":["TITLE 52 — TRADE REGULATIONS AND PRACTICES","CHAPTER 604A - DEFERRED DEPOSIT LOANS, HIGH-INTEREST LOANS, TITLE LOANS AND CHECK-CASHING SERVICES","REGULATION OF BUSINESS PRACTICES","High-Interest Loan Services"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-604A.html#NRS604ASec5037","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:43Z","sha256":"42cd5d9955daa260994689df9246d0bb443f20cc4aa754c6d00b57f2e6f5235d","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-604a.5035","next":"us-nv/nrs-604a.5038"},"notice":"GroundRules: Original legal text. Not legal advice."}