Nevada Revised Statutes 97.195 – Amount of finance charge and any other fee, expense or charge
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The amount of the finance charge in any retail installment contract and of any other fee, expense or charge may be any amount agreed upon by the parties.
Terms Used In Nevada Revised Statutes 97.195
- Contract: A legal written agreement that becomes binding when signed.
- Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC