Nebraska amends licensing requirements
On March 17, the Nebraska governor signed LB 363, which amends certain licensing requirements for installment lenders and money transmitters.
On March 17, the Nebraska governor signed LB 363, which amends certain licensing requirements for installment lenders and money transmitters.
The change affects lenders who provide “credit availability transactions” to customers through fully amortized loans paid over a term of four to 12 months.