Payday loans in Nebraska | finder.com
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Know the costs of taking out a payday loan and what alternative options are available.

If you’re facing a tough financial situation, you might be considering taking out a payday loan. Find out what you need to know before you apply — including local laws and fees to expect.

CashUSA Installment Loans

Our top pick: CashUSA

Need a quick cash loan as high as $10,000? This loan connection service could help.

  • Min. Loan Amount: $500
  • Max. Loan Amount: $10,000
  • Loan Term: 90 days to 72 months
  • Turnaround Time: As early as 1 business day
  • Requirements: Must have a monthly income of $1,000+ after taxes and valid checking account.

    Are payday loans legal in Nebraska?

    Yes. Payday loans are legal in Nebraska and governed by Nebraska Statutes Annotated §§ 45-901, defined as the Delayed Deposit Services Licensing Act. These laws state you may have no more than two loans taken out at a time and limit the amount of fees a lender can charge.

    The maximum you can borrow is $500.

    More regulations being considered

    Early in 2017, some senators of Nebraska were considering limiting the total APR to 36% like many other states, but it failed to be written into law. However, as more states adopt payday lending regulations, it’s quite likely some lawmakers in Nebraska will attempt to enact similar laws in the coming years. These consumer protections are meant to help the borrower avoid a nasty cycle of debt. Keep an eye out to see what happens.

    Compare short-term loans available in Nebraska

    Rates last updated December 11th, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    $10,000
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    $2,600
    1–2 days
    Must have an active checking account, regular source of income and email address.
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    $5,000
    1 business day
    Must have direct deposit and meet minimum income requirements.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    LendYou Short-term Loans
    Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
    $15,000
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    $1,000
    1–2 business days
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    ACE Cash Express Short-term Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.

    Compare up to 4 providers

    What fees and charges do Nebraskan payday loans come with?

    When you borrow a payday loan, you’ll be expected to pay a financing fee. If you miss a payment or default, lenders can charge you extra. The list below is a simple breakdown of all the potential costs of a loan.

    • Financing fees: $15 per $100 borrowed
    • Financing charge: A 14-day $100 loan costs $117.65
    • APR: A 14-day $100 loan has an APR of 459%
    • Collection fees: A lender may charge a $15 non-sufficient funds (NSF) fee

    How can I apply for a payday loan in Nebraska?

    When you apply, whether it’s online or in-store, you’ll need to give your lender some basic information about yourself. This generally includes your name, address, a way of contacting you, details about your income and your Social Security number. In addition, if you apply online, a lender will likely want access to your checking account in order to deposit your loan funds and then debit your payment when it’s due.

    Before you apply, you should be at least 18 years old, an American citizen or permanent resident and have a regular source of income.

    What should I consider before taking out a loan?

    Before you take out a payday loan, you should be sure to check out all your other options. There are assistance programs available in Nebraska if you’re in need of a little extra help paying for everyday costs. These include the Emergency Cash Assistance Program, Supplemental Nutrition Assistance Program (SNAP) and the Nebraska Low Income Energy Assistance Program.

    You might also want to consider other options like getting a loan from a credit union or finding an online installment loan. These give you more time to pay back your debt and generally have slightly better interest rates.

    More payday loan alternatives in Nebraska

    Bottom line

    If you’re a looking into a payday loan, be sure you have enough to pay back the principal and interest. These can be a suitable way to recover from an expensive financial situation, but don’t forget to consider your other options before you apply.

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    US Payday Loans Offers

    Important Information*
    Slam Dunk Loans

    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

    LendUp Payday Loans

    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

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