Nev. Rev. Stat. § 604A.5081
Partial payment on loan
Nevada · Nevada Revised Statutes Chapter 604A — Deferred Deposit Loans, High-Interest Loans, Title Loans and Check-Cashing Services · Status: effective
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- Citation
- Nev. Rev. Stat. § 604A.5081, Partial payment on loan, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2133995
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Full text
1. A customer may make a partial payment on a title 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 title 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 title 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.