1. '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. (Added to NRS by 2007, 930; A 2017, 1439)
Nevada Legal Code