High-interest loan defined.
Nev. Rev. Stat. § 604A.0703
in effect1. High-interest loan means a loan made to a customer pursuant to a loan agreement which, under its original terms, charges an annual percentage rate of more than 40 percent.
2. The term includes, without limitation, any single-payment loan, installment loan, open-ended loan or contract for the lease of an animal for a purpose other than a business, commercial or agricultural purpose which, under the original terms of the loan or contract, charges an annual percentage rate of more than 40 percent.
3. The term does not include:
(a) A deferred deposit loan;
(b) A refund anticipation loan; or
(c) A title loan.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-604A.htmlFetched: 10/4/2026