{"data":{"id":"us-nv/nrs-670b.080","jurisdiction":"us-nv","citation":"NRS 670B.080","heading":"“Private education loan” defined.","body":"1. “Private education loan” means an extension of credit that is:\n(a) Extended to a consumer expressly, in whole or in part, for postsecondary educational expenses, regardless of whether the loan is provided by the educational institution that the student attends; and\n(b) Not made, insured or guaranteed under Title IV of the Higher Education Act of 1965, 20 U.S.C. §§ 1070 et seq.\n2. The term does not include an:\n(a) Open-end credit or any loan that is secured by real property or a dwelling; or\n(b) Extension of credit in which the covered educational institution is the creditor if:\n(1) The term of the extension of credit is 90 days or less; or\n(2) An interest rate is not applied to the credit balance and the term of the extension of credit is 1 year or less, even if the credit is payable in more than four installments.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 670B - STUDENT LOAN SERVICERS; PRIVATE EDUCATION LENDERS","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-670B.html#NRS670BSec080","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"872fb01d12e05d4e3fe1a030decf7c462bd6924469ee199d45dd9743e1b805e1","source_id":"us-nv","stale":false,"prev":"us-nv/nrs-670b.070","next":"us-nv/nrs-670b.090"},"notice":"GroundRules: Original legal text. Not legal advice."}