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Installment sales contract; extension or deferment authorized; when; fee.

Neb. Rev. Stat. § 45-370
in effect
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45-370. Installment sales contract; extension or deferment authorized; when; fee. The holder of a retail installment sales contract may, upon agreement with the buyer: (1) Extend the scheduled due date or defer the scheduled payment of any installment payment under the retail installment sales contract; and (2) Charge and collect a reasonable flat service fee for such extension or deferment in addition to the time-price differential calculated for the period of such extension or deferment at the rate originally agreed upon in the retail installment sales contract on the outstanding balance. Laws 2025, LB474, § 91.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=45-370Fetched: 10/20/2026

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