MHHS · Consumer Protection Act
Part 12 — .01
124.01 High-cost Credit Definitions
(a) "high-cost credit agreemen t" means a credit agreement that
provides for a rate of 32% or more as calculated in
accordance with the regulations, and includes a lease but
does not include a payday loan;
RSA 2000
(b) "high-cost credit business" means the activity of offering ,
arranging for or entering into a high-cost credit agreement.
2017 c18 s1(12)