Section 604A.0703 - "High-interest loan" defined1. "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; orAdded to NRS by 2007, 930; A 2017, 1439Amended by 2017, Ch. 274,§3.5, eff. 10/1/2017.Added to NRS by 2007, 930