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Nebraska Enacts Changes to Installment Loan Laws - Weiner Brodsky Kider PC
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Nebraska Enacts Changes to Installment Loan Laws - Weiner Brodsky Kider PC
On May 20, 2025, Nebraska Governor Jim Pillen signed Legislative Bill 474 (LB 474) into law, enacting the Nebraska Installment Loan and Sales Act, which merges the state’s Installment Loan Act and Installment Sales Act into a single updated framework. LB 474 streamlines regulations for certain small loans and installment sale contracts, expands upon consumer protections, and clarifies licensing and compliance requirements under the oversight of…
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