reglab/housing_qa huggingface dataset:
NV Rev Stat § 604A.505 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.505 - Rescission of loan by customer.

  1. A customer may rescind a high-interest loan on or before the close of business on the next day of business at the location where the high-interest loan was initiated. To rescind the high-interest loan, the customer must deliver to the licensee:  (a) A sum of money equal to the face value of the high-interest loan, less any fee charged to the customer to initiate the high-interest loan; or  (b) The original check, if any, which the licensee gave to the customer pursuant to the high-interest loan. Upon receipt of the original check, the licensee shall refund any fee charged to the customer to initiate the high-interest loan.  2. If a customer rescinds a high-interest loan pursuant to this section, the licensee:  (a) Shall not charge the customer any fee for rescinding the high-interest loan; and  (b) Upon receipt of the sum of money or check pursuant to subsection 1, shall give to the customer a receipt showing the account paid in full and a copy of the promissory note given to initiate the high-interest loan which must be stamped "void" or the receipt stamped "paid in full."  (Added to NRS by 2005, 1693; A 2007, 937) — (Substituted in revision for part of NRS 604A.460)
NV Rev Stat § 604A.5052 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5052 - Payment of loan in full.

  1. A customer may pay a high-interest loan, or any extension thereof, in full at any time, without an additional charge or fee, before the date the customer’s final payment on the high-interest loan, or any extension thereof, is due.  2. If a customer pays the high-interest loan in full, including all interest, charges and fees negotiated and agreed to by the licensee and customer as permitted under this chapter, the licensee shall:  (a) Give to the customer the promissory note used to initiate the high-interest loan which must be stamped "void" or a receipt stamped "paid in full"; and  (b) Give to the customer a receipt with the following information:  (1) The name and address of the licensee;  (2) The identification number assigned to the loan agreement or other information that identifies the high-interest loan;  (3) The date of the payment;  (4) The amount paid;  (5) An itemization of interest, charges and fees;  (6) A statement that the high-interest loan is paid in full; and  (7) If more than one loan made by the licensee to the customer was outstanding at the time the payment was made, a statement indicating to which loan the payment was applied.  (Added to NRS by 2005, 1693; A 2007, 938) — (Substituted in revision for part of NRS 604A.465)
NV Rev Stat § 604A.5053 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5053 - Partial payment on loan.

  1. A customer may make a partial payment on a high-interest loan, or any extension thereof, at any time without an additional charge or fee.  2. If a customer makes such a partial payment, the licensee shall give to the customer a receipt with the following information:  (a) The name and address of the licensee;  (b) The identification number assigned to the loan agreement or other information that identifies the high-interest loan;  (c) The date of the payment;  (d) The amount paid;  (e) An itemization of interest, charges and fees;  (f) The balance due on the high-interest loan; and  (g) If more than one loan made by the licensee to the customer was outstanding at the time the payment was made, a statement indicating to which loan the payment was applied.  (Added to NRS by 2005, 1694) — (Substituted in revision for part of NRS 604A.470)
NV Rev Stat § 604A.5057 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5057 - Limitations on using proceeds of new deferred deposit loan or high-interest loan to pay balance of outstanding high-interest loan; exceptions.

  1. Except as otherwise provided in subsection 2, if a customer agrees in writing to establish or extend the period for the repayment, renewal, refinancing or consolidation of an outstanding high-interest loan by using the proceeds of a new deferred deposit loan or high-interest loan to pay the balance of the outstanding high-interest loan, the licensee shall not establish or extend the period beyond 60 days after the expiration of the initial loan period. The licensee shall not add any unpaid interest or other charges accrued during the original term of the outstanding high-interest loan or any extension of the outstanding high-interest loan to the principal amount of the new deferred deposit loan or high-interest loan.  2. This section does not apply to a new deferred deposit loan or high-interest loan if the licensee:  (a) Makes the new deferred deposit loan or high-interest loan to a customer pursuant to a loan agreement which, under its original terms:  (1) Charges an annual percentage rate of less than 200 percent;  (2) Requires the customer to make a payment on the loan at least once every 30 days;  (3) Requires the loan to be paid in full in not less than 150 days; and  (4) Provides that interest does not accrue on the loan at the annual percentage rate set forth in the loan agreement after the date of maturity of the loan;  (b) Performs a credit check of the customer with a major consumer reporting agency before making the loan;  (c) Reports information relating to the loan experience of the customer to a major consumer reporting agency;  (d) Gives the customer the right to rescind the new deferred deposit loan or high-interest loan within 5 days after the loan is made without charging the customer any fee for rescinding the loan;  (e) Participates in good faith with a counseling agency that is:  (1) Accredited by the Council on Accreditation of Services for Families and Children, Inc., or its successor organization; and  (2) A member of the National Foundation for Credit Counseling, or its successor organization; and  (f) Does not commence any civil action or process of alternative dispute resolution on a defaulted loan or any extension or repayment plan thereof.  (Added to NRS by 2005, 1696; A 2007, 940) — (Substituted in revision for part of NRS 604A.480)
NV Rev Stat § 604A.5058 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5058 - Limitations on amounts licensee may collect after default.

  1. If a customer defaults on a high-interest loan or on any extension or repayment plan relating to the high-interest loan, whichever is later, the licensee may collect only the following amounts from the customer, less all payments made before and after default:  (a) The unpaid principal amount of the high-interest loan.  (b) The unpaid interest, if any, accrued before the default at the annual percentage rate set forth in the disclosure statement required by the Truth in Lending Act and Regulation Z that is provided to the customer. If there is an extension, in writing and signed by the customer, relating to the high-interest loan, the licensee may charge and collect interest pursuant to this paragraph for a period not to exceed 60 days after the expiration of the initial loan period, unless otherwise allowed by NRS 604A.5057.  (c) The interest accrued after the expiration of the initial loan period or after any extension or repayment plan that is allowed pursuant to this chapter, whichever is later, at an annual percentage rate not to exceed the prime rate at the largest bank in Nevada, as ascertained by the Commissioner, on January 1 or July 1, as the case may be, immediately preceding the expiration of the initial loan period, plus 10 percent. The licensee may charge and collect interest pursuant to this paragraph for a period not to exceed 90 days. After that period, the licensee shall not charge or collect any interest on the high-interest loan.  (d) Any fees allowed pursuant to NRS 604A.5061 for a check that is not paid upon presentment or an electronic transfer of money that fails because the account of the customer contains insufficient funds or has been closed.  The sum of all amounts collected pursuant to paragraphs (b), (c) and (d) must not exceed the principal amount of the high-interest loan.  2. Except for the interest and fees permitted pursuant to subsection 1 and any other charges expressly permitted pursuant to NRS 604A.5046, 604A.5055 and 604A.506, the licensee shall not charge any other amount to a customer who receives a high-interest loan, including, without limitation, any amount or charge payable directly or indirectly by the customer and imposed directly or indirectly by the licensee as an incident to or as a condition of the extension of the period for the payment of the high-interest loan or the extension of credit. Such prohibited amounts include, without limitation:  (a) Any interest, other than the interest charged pursuant to subsection 1, regardless of the name given to the interest; or  (b) Any origination fees, set-up fees, collection fees, transaction fees, negotiation fees, handling fees, processing fees, late fees, default fees or any other fees, regardless of the name given to the fee.  (Added to NRS by 2005, 1697; A 2007, 941; 2013, 1517) — (Substituted in revision for part of NRS 604A.485)
NV Rev Stat § 604A.506 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.506 - Limitations on fees licensees may charge after default on installment payments.

In addition to the amounts authorized to be collected pursuant to NRS 604A.5058, a licensee who makes a high-interest loan in accordance with the provisions of subsection 2 of NRS 604A.5057 may charge a fee of not more than $15, payable on a one-time basis, for any installment payment that remains unpaid 10 days or more after the date of default.  (Added to NRS by 2013, 1516) — (Substituted in revision for NRS 604A.487)
NV Rev Stat § 604A.5061 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5061 - Limitations on fees licensee may collect for check not paid upon presentment or failure of electronic transfer of money; standards for civil liability and criminal prosecution.

  1. A licensee who operates a high-interest loan service may collect a fee of not more than $25 if a check is not paid upon presentment or an electronic transfer of money fails because the account of the customer contains insufficient funds or has been closed.  2. If the account of the customer contains insufficient funds, the licensee may collect only two fees of $25 each, regardless of the number of times the check is presented for payment or the electronic transfer of money is attempted.  3. If the account of the customer has been closed, the licensee may collect only one fee of $25, regardless of the number of times the check is presented or the electronic transfer of money is attempted for payment.  4. A customer who receives or attempts to receive a high-interest loan is not liable for damages pursuant to NRS 41.620 or to criminal prosecution for a violation of chapter 205 of NRS unless the customer acted with criminal intent.  (Added to NRS by 2005, 1698; A 2007, 942) — (Substituted in revision for part of NRS 604A.490)
NV Rev Stat § 604A.5063 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5063 - Receipt required for each payment by customer; contents.

In addition to any other provision in this chapter, each time a customer who receives a high-interest loan makes a payment to a licensee who operates a high-interest loan service, the licensee shall give to the customer a receipt with the following information:  1. The name and address of the licensee;  2. The identification number assigned to the loan agreement or other information that identifies the high-interest loan;  3. The date of the payment;  4. The amount paid;  5. The balance due on the high-interest loan or, when the customer makes a final payment, a statement that the high-interest loan is paid in full; and  6. If more than one loan made by the licensee to the customer was outstanding at the time the payment was made, a statement indicating to which loan the payment was applied.  (Added to NRS by 2005, 1698) — (Substituted in revision for part of NRS 604A.495)
NV Rev Stat § 604A.5064 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5064 - Requirements regarding person acting as agent or assisting in making loan.

  1. A person shall not act as an agent for or assist a licensee who operates a high-interest loan service in the making of a high-interest loan unless the licensee complies with all applicable federal and state laws, regulations and guidelines.  2. The provisions of this section do not apply to the agent or assistant to a state or federally chartered bank, thrift company, savings and loan association, savings bank or industrial loan company if the state or federally chartered bank, thrift company, savings and loan association, savings bank or industrial loan company:  (a) Initially advances the loan proceeds to the customer; and  (b) Does not sell, assign or transfer a preponderant economic interest in the high-interest loan to the agent or assistant or an affiliate or subsidiary of the state or federally chartered bank, thrift company, savings and loan association, savings bank or industrial loan company, unless selling, assigning or transferring a preponderant economic interest is expressly permitted by the primary regulator of the state or federally chartered bank, thrift company, savings and loan association, savings bank or industrial loan company.  3. If a licensee who operates a high-interest loan service acts as an agent for or assists a state or federally chartered bank, thrift company, savings and loan association, savings bank or industrial loan company in the making of a high-interest loan and the licensee can show that the standards set forth in subsection 2 are satisfied, the licensee must comply with all other provisions in this chapter to the extent they are not preempted by other state or federal law.  (Added to NRS by 2005, 1698) — (Substituted in revision for part of NRS 604A.500)
NV Rev Stat § 604A.580 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.580 - Required disclosures.

  1. A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall comply with the disclosure requirements of NRS 604A.405 and the Federal Truth in Lending Act. A loan agreement between such a licensee and a customer must fully disclose the terms of the transaction, including, without limitation, the amount of any fees charged for providing high-interest loan services represented in both a dollar amount and as an annual percentage rate.  2. A licensee described in subsection 1 shall prominently disclose in the loan agreement all fees charged for providing high-interest loan services to a customer before he or she enters into the transaction process.  (Added to NRS by 2015, 1144) — (Substituted in revision for part of NRS 604A.520)
NV Rev Stat § 604A.581 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.581 - Prohibited fees.

A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall not charge a fee for providing high-interest loan services that is prohibited by an applicable law or regulation of this State or federal law or regulation.  (Added to NRS by 2015, 1144) — (Substituted in revision for part of NRS 604A.525)
NV Rev Stat § 604A.582 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.582 - Prohibited advertisements.

A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall comply with the provisions of subsection 6 of NRS 604A.5049 prohibiting advertisements that are false, misleading or deceptive with regard to the rates, terms or conditions for high-interest loans.  (Added to NRS by 2015, 1144) — (Substituted in revision for part of NRS 604A.530)
NV Rev Stat § 604A.583 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.583 - Required notices.

A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall place the following notices on marketing materials and television, print, radio and Internet advertising when space or time reasonably permits:  1. High-interest loans should be used for short-term financial needs only and not as a long-term financial solution; and   2. Customers with credit difficulties should seek credit counseling before entering into any high-interest loan transaction.  (Added to NRS by 2015, 1144) — (Substituted in revision for part of NRS 604A.535)
NV Rev Stat § 604A.584 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.584 - Limitations on extended term of loans.

A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall not allow a customer to extend, rollover, renew, refinance or consolidate any high-interest loan for a period longer than the period set forth in subsection 3 of NRS 604A.5037.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.540)
NV Rev Stat § 604A.585 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.585 - Rescission of loan by customer.

A licensee who has been issued a license to operate a high-interest loan service pursuant to this chapter shall provide each customer with the ability to rescind any high-interest loan in accordance with the provisions of NRS 604A.505.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.545)
NV Rev Stat § 604A.586 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.586 - Collection of past due accounts; prohibited acts.

A licensee who has been issued a license to operate a high-interest 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.5049 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.587 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.587 - Reporting violations of chapter.

A licensee who has been issued a license to operate a high-interest 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.588 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.588 - Certain licensees required to offer repayment plan.

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.  (Added to NRS by 2015, 1145) — (Substituted in revision for part of NRS 604A.560)
NV Rev Stat § 604A.589 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.589 - Licensee offering services through Internet website required to comply with applicable laws.

A licensee that offers high-interest loan 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.5065 (2021)
2021 Nevada Revised Statutes|Chapter 604A - Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services|NRS 604A.5065 - 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 title loan service shall not make a title loan pursuant to this chapter unless the licensee determines pursuant to subsection 2 that the customer has the ability to repay the title loan and that the title loan complies with the provisions of NRS 604A.5076.  2. For the purposes of subsection 1, a customer has the ability to repay a title loan if the customer has a reasonable ability to repay the title 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 title loan, the monthly payment on the title loan, if the title loan is an installment loan, or the potential repayment plan if the customer defaults on the title 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 title loan service shall not consider the ability of any person other than the customer to repay the title loan.  (Added to NRS by 2017, 1438)