A guide to Payday Loans in Nebraska, USA. 

What are the Citation (s) to Payday Loan or Small Loan Laws in Nebraska?
A: The relevant citation regarding Payday Loans in the Nebraska State Jurisdiction is Neb. Rev. Stat. § 45-904

Q: Are Payday Loans legal in Nebraska? 
A: Yes Payday Loans are legal in Nebraska. 

Q: What is the Maximum Cash Advance Loan Amount in Nebraska?
A: The maximum Cash Advance or Payday Loan amount is $500. 

Q: What is the Payday Loan Term in Nebraska?
A: The Maximum Payday Loan Term in Nebraska is 31 days. 

Q: What is the Maximum Rate and Fee for Cash Advance Loans in Nebraska?
A: The Maximum fee for Cash Advance Loans in Nebraska is $15 per $100 or pro rata for any part thereof on amount of check. 

Q: What is the Finance charge for 14-day $100 payday loan in Nebraska State?
A: The Finance charge for 14-day $100 payday loan in Nebraska is $17.65. 

Q: What is the APR for 14-day $100 payday loan in Nebraska State?
A: The APR charged for 14-day $100 payday loan in Nebraska is 459 percent. 



Q: Is there a limit on the number of payday loans I can take at one time? 
A: Yes, you can take a maximum of two payday loans at one time. 

Q: How many times can the lender rollover my payday loan in Nebraska?
A: None, the lender cannot renew (rollover or extend) a loan

Q: If I cannot repay my payday loan can the lender initiate a criminal action? 
A: It is not specified if the payday loan lender can initiate a criminal action if the borrower is unable to pay the loan. 

Q: Can I be charged a collection fee for a payday loan?
A: Yes, NSF $15 fee 

Contact the Department Of Financial Institutions

If you have questions about payday loans please contact the Kansas Department of Financial Institutions at:

Regulator: Nebraska Department of Banking & Finance
Address: Financial Institutions, 1230 'O' Street, Suite 400 P.O. Box 95006 Lincoln, NE 68509
Phone: (402) 471-2171
Fax: 
Regulatory Contact: Karen Reynolds, Review Examiner

Website: http://www.ndbf.org/

Where can I find a payday loan store in Nebraska?

You can find the store nearest to your location by simply clicking on this link  loc: Nebraska