Nebraska Payday loan laws. Nebraska Payday loan legislation.

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.

For a thorough discussion of the payday loan industry and access to our payday loan training materials, we recommend you proceed to Payday Loan Industry.com

Nebraska Payday Loan Laws & Legislation State Information Legal Status:Nebraska Legal Citation:Nebraska Neb. Stat. Ann. § 45-901 NebraskaLoan 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% NebraskaDebt Limits:Nebraska Maximum Number of Outstanding Loans at One Time: Two Rollovers Permitted: None (cannot repay, refinance, consolidate) Cooling-off Period: Repayment Plan: NebraskaCollection Limits:Nebraska Collection Fees: $15 NSF fee Criminal Action: NebraskaWhere 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 Online Resources: Brochure: Delayed Deposit Services in Nebraska