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Nebraska Cash Lenders
Nebraska Payday loan laws. Nebraska Payday loan Regulation.
Nebraska has specific payday advance laws. The permitted fee is $15 per $100 on the face amount of the payday loan.
The permitted time period is a maximum of 31 days.
The maximum amount of the payday loan allowable is $500.00. Rollovers are prohibited.
Legal Status:Nebraska Legal
Citation:Nebraska
Neb. Stat. Ann. ยง 45-901
Nebraska PaydayLoan Terms:Nebraska
Maximum Loan Amount: $500
Loan Term: Max: 31 days
Maximum Finance Rate and Fees: $15 per $100 or pro rata for any part thereof on amount of check
Finance Charge for 14-day $100 loan: $17.65
APR for 14-day $100 loan: 459%
Nebraska Debt Limits:Nebraska
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None (cannot repay, refinance, consolidate)
Cooling-off Period:
Repayment Plan:
Nebraska Collection Limits:Nebraska
Collection Fees: $15 NSF fee
Criminal Action:
Nebraska Where to Complain, Get Information:Nebraska
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
Regulator Website
Licensee Database