Nebraska Payday Loans Law

Nebraska Payday Loans Law

Nebraska State Information

Legal Status: Legal

Loan Terms:

    - Maximum Loan Amount: $500
    - Loan Term: Max: 34 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%

Debt Limits:

    - Maximum Number of Outstanding Loans at One Time: Two
    - Rollovers Permitted: None (cannot repay, refinance, consolidate)
    - Cooling-off Period:
    - Repayment Plan:

Collection Limits:

    - Collection Fees: $15 NSF fee
    - Criminal Action:

Where to Complain, Get Information:

    - Regulator: Nebraska Department of Banking & Finance
    - Address: 1526 K Street, Suite 300, Lincoln, NE 68508-2732
    - Phone: (402) 471-2171

These Nebraska payday loans law are basic information to assist your decision to borrow money. This information may be added or modified or canceled by Nebraska government without prior notice.