SB 974 - This act repeals various provisions relating to traditional installment loan lenders. Specifically, the act repeals a requirement that any fee charged to any traditional installment loan lender, which is not charged to all lenders licensed or regulated by the Division of Finance, must be a disincentive in violation of the provisions of law governing traditional installment loan lending. Additionally, a provision is repealed allowing traditional installment loan lenders to charge, in addition to any other contractual fees, a convenience fee or surcharge for payments made by a debit or credit card. Moreover, a provision is repealed requiring that any traditional installment loan lender who prevails against a political subdivision in an action shall receive its actually incurred costs, including attorney fees, from such political subdivision. This act is identical to SB 456 (2021). SCOTT SVAGERA