Legal Question in Credit and Debt Law in Nebraska
Can a lender in Nebraska charge $25 a day in late fees for an auto loan?
Asked on 7/22/13, 2:54 pm
1 Answer from Attorneys
Matt Jenkins
DeMars, Gordon, Olson, Zalewski and Wynner
In my experience, so long as it is agreed to in the contract, it is incredibly difficult to argue that such a provision is unenforceable.
Answered on 7/22/13, 3:26 pm