Collection of past due accounts; prohibited acts.

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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)


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