Credit defined.
Nev. Rev. Stat. § 598B.050
in effectCredit means the right granted by a creditor to any person to:
1. Incur a debt and defer its payment.
2. Purchase property or services and defer payment for the purchase.
3. Defer payment of an existing debt.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-598B.htmlFetched: 10/4/2026