reglab/housing_qa huggingface dataset:
NV Rev Stat § 604A.576 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.576 - Collection of past due accounts; prohibited acts.

A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter must collect past due accounts in a professional, fair and lawful manner in accordance with the provisions of NRS 604A.5021 and applicable provisions of the Federal Fair Debt Collection Practices Act, 15 U.S.C. § 1692 et seq., as amended. Such a licensee shall not use unlawful threats, intimidation or harassment to collect unpaid accounts.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.550)
NV Rev Stat § 604A.577 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.577 - Reporting violations of chapter.

A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall report to the Commissioner any person the licensee knows, or reasonably should know, is in violation of the provisions of this chapter within 30 days after the date the licensee knows, or reasonably should know, of the violation.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.555)
NV Rev Stat § 604A.578 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.578 - Certain licensees required to offer repayment plan.

A licensee who has been issued a license to operate a deferred deposit loan service pursuant to this chapter shall provide to any customer who is unable to repay a deferred deposit 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.5027. Such a licensee shall disclose the availability of such a repayment plan to any customer who is unable to repay a deferred deposit loan.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.560)
NV Rev Stat § 604A.579 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.579 - Licensee offering services through Internet website required to comply with applicable laws.

A licensee that offers deferred deposit loan services services through an Internet website must be licensed in each state, as applicable, where any of its customers reside and shall comply with any state or federal law or regulation applicable to such jurisdiction.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.565)
NV Rev Stat § 604A.5035 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5035 - Determination of whether loan is high-interest loan.

  1. Except as otherwise provided in this section, for the purposes of determining whether a loan is a high-interest loan, when determining whether a lender is charging an annual percentage rate of more than 40 percent, calculations must be made in accordance with the Truth in Lending Act and Regulation Z, except that every charge or fee, regardless of the name given to the charge or fee, payable directly or indirectly by the customer and imposed directly or indirectly by the lender must be included in calculating the annual percentage rate, including, without limitation:  (a) Interest;  (b) Application fees, regardless of whether such fees are charged to all applicants or credit is actually extended;  (c) Fees charged for participation in a credit plan, whether assessed on an annual, periodic or nonperiodic basis; and  (d) Prepaid finance charges.  2. The following charges and fees must be excluded from the calculation of the annual percentage rate pursuant to subsection 1:  (a) Any fees allowed pursuant to NRS 604A.5061 or 675.365 for a check not paid upon presentment or an electronic transfer of money that fails;  (b) Interest accrued after default pursuant to paragraph (c) of subsection 1 of NRS 604A.5058;   (c) Charges for an unanticipated late payment, exceeding a credit limit, or a delinquency, default or similar occurrence;  (d) Any premiums or identifiable charges for insurance permitted pursuant to NRS 675.300; and  (e) The fee allowed pursuant to NRS 604A.506.  3. Calculation of the annual percentage rate in the manner specified in this section is limited only to the determination of whether a loan is a high-interest loan and must not be used in compliance with the disclosure requirements of paragraph (g) of subsection 2 of NRS 604A.504 or any other provisions of this chapter requiring disclosure of an annual percentage rate in the making of a loan.  (Added to NRS by 2007, 930; A 2013, 1516) — (Substituted in revision for NRS 604A.407)
NV Rev Stat § 604A.5037 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5037 - Limitations on original term.

  1. Except as otherwise provided in this chapter, the original term of a high-interest loan must not exceed 35 days.  2. The original term of a high-interest loan may be up to 90 days if:  (a) The loan provides for payments in installments;  (b) The payments are calculated to ratably and fully amortize the entire amount of principal and interest payable on the loan;  (c) The loan is not subject to any extension;  (d) The loan does not require a balloon payment of any kind; and  (e) The loan is not a deferred deposit loan.  3. 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.  (Added to NRS by 2007, 931; A 2017, 1440) — (Substituted in revision for part of NRS 604A.408)
NV Rev Stat § 604A.5038 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5038 - Licensee required to make determination of ability of customer to repay loan and compliance of loan with certain requirements before making loan.

  1. A licensee who operates a high-interest loan service shall not make a high-interest loan pursuant to this chapter unless the licensee determines pursuant to subsection 2 that the customer has the ability to repay the high-interest loan and that the high-interest loan complies with the provisions of NRS 604A.5045 or subsection 2 of NRS 604A.5057, as applicable.  2. For the purposes of subsection 1, a customer has the ability to repay a high-interest loan if the customer has a reasonable ability to repay the high-interest loan, as determined by the licensee after considering, to the extent available, the following underwriting factors:  (a) The current or reasonably expected income of the customer;  (b) The current employment status of the customer based on evidence including, without limitation, a pay stub or bank deposit;  (c) The credit history of the customer;  (d) The amount due under the original term of the high-interest loan, the monthly payment on the high-interest loan, if the high-interest loan is an installment loan, or the potential repayment plan if the customer defaults on the high-interest loan; and  (e) Other evidence, including, without limitation, bank statements, electronic bank statements and written representations to the licensee.  3. For the purposes of subsection 1, a licensee who operates a high-interest loan service shall not consider the ability of any person other than the customer to repay the high-interest loan.  (Added to NRS by 2017, 1438)
NV Rev Stat § 604A.504 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.504 - Written loan agreement required; contents.

  1. Before making a high-interest loan to a customer, a licensee who operates a high-interest loan service shall provide to the customer a written loan agreement which may be kept by the customer and which must be written in:  (a) English, if the transaction is conducted in English; or  (b) Spanish, if the transaction is conducted in Spanish.  2. The loan agreement for the high-interest loan must include, without limitation, the following information:  (a) The name and address of the licensee and the customer;  (b) The nature of the security for the high-interest loan, if any;  (c) The date and amount of the high-interest loan, amount financed, annual percentage rate, finance charge, total of payments, payment schedule and a description and the amount of every fee charged, regardless of the name given to the fee and regardless of whether the fee is required to be included in the finance charge under the Truth in Lending Act and Regulation Z;  (d) A disclosure of the right of the customer to rescind a high-interest loan pursuant to the provisions of this chapter;  (e) A disclosure of the right of the customer to pay his or her high-interest loan in full or in part with no additional charge pursuant to the provisions of this chapter;  (f) A disclosure stating that, if the customer defaults on the high-interest loan, the licensee must offer a repayment plan to the customer before the licensee commences any civil action or process of alternative dispute resolution; and  (g) Any other disclosures required under the Truth in Lending Act and Regulation Z or under any other applicable federal or state statute or regulation.  (Added to NRS by 2005, 1689; A 2007, 935) — (Substituted in revision for part of NRS 604A.410)
NV Rev Stat § 604A.5041 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5041 - Requirements for collection of defaulted loan; civil action to collect debt; venue.

  1. If a customer defaults on a high-interest loan, the licensee who operates a high-interest loan service may collect the debt owed to the licensee only in a professional, fair and lawful manner. When collecting such a debt, the licensee must act in accordance with and must not violate sections 803 to 812, inclusive, of the federal Fair Debt Collection Practices Act, as amended, 15 U.S.C. §§ 1692a to 1692j, inclusive, even if the licensee is not otherwise subject to the provisions of that Act.  2. If a licensee who operates a high-interest loan service commences a civil action against a customer to collect a debt, the court may award:  (a) Court costs;  (b) Costs of service of process, except that the costs must not exceed the amount of the fees charged by the sheriff or constable for service of process in the county where the action was brought or, if the customer was not served in that county, in the county where the customer was served; and  (c) Reasonable attorney’s fees. In determining the amount of the attorney’s fees and whether they are reasonable, the court shall consider the complexity of the case, the amount of the debt and whether the licensee could have used less costly means to collect the debt.  3. Notwithstanding any provision of NRS 66.010 to the contrary, if:  (a) A licensee who operates a high-interest loan service intends to commence a civil action in a Justice Court against a customer to collect a debt; and  (b) The customer resides in the county where the high-interest loan was made,  the licensee is required to commence the civil action in the Justice Court for the township where the high-interest loan was made unless, after the date of default and before the licensee commences the civil action, the customer signs an affidavit agreeing to try the action in another Justice Court having jurisdiction over the subject matter and the parties. A licensee who operates a high-interest loan service shall not, directly or indirectly, require, intimidate, threaten or coerce a customer to sign such an affidavit.  (Added to NRS by 2005, 1689) — (Substituted in revision for part of NRS 604A.415)
NV Rev Stat § 604A.5042 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5042 - Provision of information and materials concerning public assistance and services.

A person who operates a high-interest loan service may, in consultation with the Department of Health and Human Services, distribute in a location at which the person conducts business under his or her license information and materials provided by the Department concerning public assistance and services provided by an agency or political subdivision of this State or the United States, including, without limitation, programs for debt reduction or relief, Medicaid, Supplemental Nutrition Assistance and Temporary Assistance for Needy Families.  (Added to NRS by 2019, 943)
NV Rev Stat § 604A.5043 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5043 - Practices regarding customers who are members of military.

Notwithstanding any other provision of law:  1. If a customer who receives or attempts to receive high-interest loan services is a member of the military, a licensee who operates a high-interest loan service shall:  (a) Honor the terms of any repayment plan between the licensee and customer, including, without limitation, any repayment plan negotiated through military counselors or third-party credit counselors.  (b)Honor any proclamation by a base commander that a certain branch location of the licensee is off-limits to members of the military and their spouses.  2. If a customer who receives or attempts to receive high-interest loan services is a member of the military, a licensee who operates a high-interest loan service shall not:  (a) Garnish or threaten to garnish any wages or salary of the customer or the customer’s spouse; or  (b) Contact or threaten to contact the military chain of command of a customer in an effort to collect the high-interest loan.  3. If a customer who receives or attempts to receive high-interest loan services is a member of the military and is deployed to a combat or combat supporting position, a licensee who operates a high-interest loan service shall not engage in any collection activity against the customer or the customer’s spouse.  4. As used in this section, "military" means the Armed Forces of the United States, a reserve component thereof or the National Guard.  (Added to NRS by 2005, 1690; A 2007, 935, 2847) — (Substituted in revision for part of NRS 604A.420)
NV Rev Stat § 604A.5045 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5045 - Limitation regarding amount of loan. [Effective through June 30, 2020.]

  1. A licensee who operates a high-interest loan service shall not make a high-interest loan which, under the terms of the loan agreement, requires any monthly payment that exceeds 25 percent of the expected gross monthly income of the customer.  2. A licensee who operates a high-interest loan service is not in violation of the provisions of this section if the customer presents evidence of his or her gross monthly income to the licensee and represents to the licensee in writing that the monthly payment required under the terms of the loan agreement for the high-interest loan does not exceed 25 percent of the customer’s expected gross monthly income.  (Added to NRS by 2005, 1690; A 2007, 936) — (Substituted in revision for part of NRS 604A.425)
NV Rev Stat § 604A.5045 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5045 - Limitation regarding amount of loan. [Effective July 1, 2020.]

  1. A licensee who operates a high-interest loan service shall not make a high-interest loan which, under the terms of the loan agreement and in combination with any other outstanding loan of the customer, requires any monthly payment that exceeds 25 percent of the expected gross monthly income of the customer.  2. A licensee who operates a high-interest loan service is not in violation of the provisions of this section if:  (a) The customer presents evidence of his or her gross monthly income to the licensee and represents to the licensee in writing that the monthly payment required under the terms of the loan agreement for the high-interest loan does not exceed 25 percent of the customer’s expected gross monthly income; and  (b) The licensee has utilized the database established pursuant to NRS 604A.303 to ensure that the terms of the high-interest loan, in combination with any other outstanding loan of the customer, do not require any monthly payment that exceeds 25 percent of the customer’s expected gross monthly income when the loan is made.  (Added to NRS by 2005, 1690; A 2007, 936; 2019, 944, effective July 1, 2020)
NV Rev Stat § 604A.5046 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5046 - Prohibited acts by licensee regarding multiple loans to same customer.

  1. A licensee who operates a high-interest loan service shall not make more than one deferred deposit loan, single-advance, single-payment loan or high-interest loan to the same customer at one time or before any outstanding balance is paid in full on an existing loan made by that licensee to the customer unless:  (a) The customer is seeking multiple loans that do not exceed the limits set forth in NRS 604A.5017 or 604A.5045, as applicable;  (b) The licensee charges the same or a lower fee or service charge per $100 if it is a deferred deposit loan or single-advance, single-payment loan, or the same or a lower annual percentage rate of interest if it is a high-interest loan that is not a single-advance, single-payment loan, for any additional loans as the licensee charged for the initial loan;  (c) Except for that part of the finance charge which consists of interest only, the licensee does not impose any other charge or fee to initiate any additional loans, except that a licensee who makes deferred deposit loans or high-interest loans in accordance with the provisions of subsection 2 of NRS 604A.5029 or subsection 2 of NRS 604A.5057, as applicable, may charge a reasonable fee for preparing documents in an amount that does not exceed $50; and  (d) If the additional loans are deferred deposit loans and the customer provides one or more additional checks that are not paid upon presentment or one or more electronic transfers of money fail, the licensee does not charge any fees to the customer pursuant to NRS 604A.5031, except for the fees allowed pursuant to that section for the first check that is not paid upon presentment or electronic transfer of money that failed.  2. As used in this section, "single-advance, single-payment loan" means a transaction in which, pursuant to a loan agreement, a customer is given a single advance equal to the amount financed with payment in full due within 35 days after the date of the transaction.  (Added to NRS by 2005, 1690; A 2007, 936) — (Substituted in revision for part of NRS 604A.430)
NV Rev Stat § 604A.5048 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5048 - Prohibited acts by licensee: Accepting collateral or other types of security; failing to make certain disclosures; taking incomplete instruments; requiring the purchase of insurance or other goods or services; failing to comply with payment plan; charging fee to cash certain checks.

A licensee who operates a high-interest loan service shall not:  1. Accept:  (a) Collateral as security for a high-interest loan.  (b) An assignment of wages, salary, commissions or other compensation for services, whether earned or to be earned, as security for a high-interest loan.  (c) A check as security for a high-interest loan.  2. Take any note or promise to pay which does not disclose the date and amount of the high-interest loan, amount financed, annual percentage rate, finance charge, total of payments, payment schedule and a description and the amount of every fee charged, regardless of the name given to the fee and regardless of whether the fee is required to be included in the finance charge under the Truth in Lending Act and Regulation Z.  3. Take any instrument, including a check or written authorization for an electronic transfer of money, in which blanks are left to be filled in after the high-interest loan is made.  4. Make any transaction contingent on the purchase of insurance or any other goods or services or sell any insurance to the customer with the high-interest loan.  5. Fail to comply with a payment plan which is negotiated and agreed to by the licensee and customer.  6. Charge any fee to cash a check representing the proceeds of a high-interest loan made by the licensee or any agent, affiliate or subsidiary of the licensee.  (Added to NRS by 2005, 1691; A 2007, 936) — (Substituted in revision for part of NRS 604A.435)
NV Rev Stat § 604A.5049 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5049 - Prohibited acts by licensee: Improper lending and collection practices; deceptive trade practices; false, misleading and deceptive advertising; reinitiating certain transactions; using agent, affiliate or subsidiary to avoid requirements or prohibitions of chapter.

A licensee who operates a high-interest loan service shall not:  1. Use or threaten to use the criminal process in this State or any other state, or any civil process not available to creditors generally, to collect on a high-interest loan made to a customer.  2. Commence a civil action or any process of alternative dispute resolution before the customer defaults under the original term of a loan agreement or before the customer defaults under any repayment plan or extension negotiated and agreed to by the licensee and customer, unless otherwise authorized pursuant to this chapter.  3. Take any confession of judgment or any power of attorney running to the licensee or to any third person to confess judgment or to appear for the customer in a judicial proceeding.  4. Include in any written agreement:  (a) A promise by the customer to hold the licensee harmless;  (b) A confession of judgment by the customer;  (c) An assignment or order for the payment of wages or other compensation due the customer; or   (d) A waiver of any claim or defense arising out of the loan agreement or a waiver of any provision of this chapter. The provisions of this paragraph do not apply to the extent preempted by federal law.  5. Engage in any deceptive trade practice, as defined in chapter 598 of NRS, including, without limitation, making a false representation.  6. Advertise or permit to be advertised in any manner any false, misleading or deceptive statement or representation with regard to the rates, terms or conditions for high-interest loans.  7. Reinitiate an electronic debit transaction that has been returned by a customer’s bank except in accordance with the rules prescribed by the National Automated Clearing House Association or its successor organization.  8. Use or attempt to use any agent, affiliate or subsidiary to avoid the requirements or prohibitions of this chapter.  (Added to NRS by 2005, 1691; A 2017, 1441) — (Substituted in revision for part of NRS 604A.440)