What a loan can cost in Nebraska
Examples at an illustrative rate, never above Nebraska's cap for the amount. They are not quotes.
Representative example
- Amount borrowed
- $500
- Annual percentage rate (APR)
- 24%
- Repayment
- 12 monthly payments
- Payment
- $47.28
- Finance charge
- $67.36
- Total of payments
- $567.36
Example: a $500 installment loan at 24% APR repaid in 12 monthly payments of $47.28 costs $567.36 in total, including a finance charge of $67.36. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Representative example
- Amount borrowed
- $1,000
- Annual percentage rate (APR)
- 24%
- Repayment
- 12 monthly payments
- Payment
- $94.56
- Finance charge
- $134.72
- Total of payments
- $1,134.72
Example: a $1,000 installment loan at 24% APR repaid in 12 monthly payments of $94.56 costs $1,134.72 in total, including a finance charge of $134.72. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Representative example
- Amount borrowed
- $3,000
- Annual percentage rate (APR)
- 22%
- Repayment
- 12 monthly payments
- Payment
- $280.78
- Finance charge
- $369.36
- Total of payments
- $3,369.36
Example: a $3,000 installment loan at 22% APR repaid in 12 monthly payments of $280.78 costs $3,369.36 in total, including a finance charge of $369.36. Illustration only; your lender will disclose your actual APR, payment schedule and total cost before you accept a loan.
Resources in Nebraska
Free and low-cost help in Nebraska, each with its official link and the date we checked it.
Lending regulator and complaints
Nebraska Department of Banking and Finance (NDBF) licenses lenders in Nebraska.
Check a lender's license File a complaint
ndbf.nebraska.gov Checked September 23, 2026
Attorney general consumer protection
Takes complaints about scams and unfair debt collection.
protectthegoodlife.nebraska.gov Checked September 23, 2026
211
Help with rent, utilities, food and other urgent bills.
search.ne211.org Checked September 23, 2026
Legal aid
Free civil legal help if your income is low; income limits vary.
legalaidofnebraska.org Checked September 23, 2026
Nonprofit credit counseling
Help with a budget or a debt management plan.
nfcc.org Checked September 23, 2026
Benefits portal
Check whether you qualify for food, cash or other benefits in Nebraska.
dhhs.ne.gov Checked September 23, 2026
Federal complaints
Complaints about any lender, to the Consumer Financial Protection Bureau.
Submit a complaint to the CFPB
consumerfinance.gov Checked September 23, 2026 Available in Spanish
Cheaper options to try first
Worth checking whatever your credit: these can cost less than a high-rate loan.
- Credit union payday alternative loans (PALs). Federal credit unions may offer small loans of up to $2,000 with terms of up to 12 months and an APR no higher than 28%, under NCUA rules (12 CFR 701.21). You usually need to be a member.
- Ask your creditor for a payment plan. Utilities, hospitals and many lenders offer hardship or extended payment plans if you ask before you miss a payment.
- Credit-builder loans: a small loan held in savings while you pay it off, which can help build a payment history.
- Secured credit cards: a card backed by a deposit you make, which can help build credit when you pay on time.
The rules lenders follow in Nebraska
Each rule links to its source. How we research state rules.
Allowed in Nebraska: installment and personal loans and payday loans.
| Product | Status | APR cap | Amount | Term | License | Law |
|---|---|---|---|---|---|---|
| Installment and personal loans[1][2][3][4] | Allowed | 24% APR (top tier) | Up to $100,000 | Not set by statute | Installment loan license | Neb. Rev. Stat. 45-334 to 45-380; 45-349; formerly 45-1024 |
| Title loans[5] | RestrictedHigh-cost loan | See the rules | Not set by statute | Not set by statute | No standalone title-loan license identified | See sources |
| Payday loans[6][7][8] | AllowedHigh-cost loan | 36% APR | Up to $500 | Up to 34 days | Delayed Deposit Services license | Neb. Rev. Stat. 45-901 to 45-931; 45-918 |
| Verified against the statute and regulator on September 23, 2026. Laws change; confirm with the regulator before you borrow. | ||||||
Bars place each APR cap on a 0 to 400% scale; the pin marks the cap. A striped bar means the statute sets no numeric cap.
Rate, fee and license rules in Nebraska
Installment and personal loans
- Rate cap
- Under Neb. Rev. Stat. 45-349(1) (Nebraska Installment Loan and Sales Act, as enacted by LB474, operative October 1, 2025), an installment loan licensee may charge not more than 24% per annum on the part of the unpaid principal balance not in excess of $1,000, and 21% per annum on any remainder. Loans over $3,000 and under $25,000 (other than mobile-home secured) may not exceed 145 months.
- Fees
- Nonrefundable loan origination fee not to exceed the lesser of $500 or 7% of the original principal up to $2,000 plus 5% of principal above $2,000, only if the licensee has not made another loan to the borrower in the previous 12 months (Neb. Rev. Stat. 45-349). Default charge up to 5% of the installment.
- License
- Installment loan license under the Nebraska Installment Loan and Sales Act, issued by the Nebraska Department of Banking and Finance.
Title loans
- License
- No standalone title-loan license identified.
Payday loans
- Rate cap
- "A licensee shall not impose an annual percentage rate greater than thirty-six percent in connection with a delayed deposit transaction." This 36% APR cap was enacted by ballot Initiative 428 (approved November 2020), amending the Delayed Deposit Services Licensing Act, effectively ending traditional high-fee payday lending in the state while leaving the licensing framework itself in place.
- Fees
- All charges must be included within the 36% APR cap; a transaction violating the cap is void and the licensee forfeits all principal, interest, and fees. Separate military fee limits apply per 10 U.S.C. 987 for active-duty members, spouses, and dependents.
- License
- Delayed Deposit Services (DDS) license.
Rent and jobs in Nebraska
Typical rent and the jobless rate, to weigh before a loan payment.
Guides for Nebraska borrowers
Check your options in Nebraska
Nebraska questions
Does Nebraska law allow payday loans?
Nebraska law allows payday loans. The cost limit is 36% APR. Source: Neb. Rev. Stat. 45-901 to 45-931; 45-918.
What is the most a lender can charge in Nebraska?
By loan type in Nebraska: Installment and personal loans: 24% APR (top tier). Title loans: See the rules. Payday loans: 36% APR.
Where can I file a complaint about a lender in Nebraska?
You can file a complaint with Nebraska Department of Banking and Finance (NDBF), and you can also submit one to the Consumer Financial Protection Bureau. Both links are under Resources in Nebraska on this page.
How do I check a lender's license in Nebraska?
Nebraska Department of Banking and Finance (NDBF) licenses lenders in Nebraska. Use the license link under Resources in Nebraska on this page to check a lender before you share your information.
Is there free help paying bills in Nebraska?
Yes. Resources in Nebraska on this page lists free help, including 211, legal aid, nonprofit credit counseling and benefits portal.
Nearby states
- South DakotaAllowed 36% APR
- KansasAllowed 36% APR (top tier)
- IowaAllowed 36% APR (top tier)
- ColoradoAllowed Limit depends on loan size
- WyomingAllowed 36% APR (top tier)
Sources
- ndbf.nebraska.gov. Nebraska Department of Banking and Finance (NDBF). Retrieved September 23, 2026.
- ndbf.nebraska.gov. Neb. Rev. Stat. 45-334 to 45-380 (Nebraska Installment Loan and Sales Act, LB474, operative October 1, 2025). Retrieved September 23, 2026.
- mayerbrown.com/en/insights/publications/2026/03/nebraska-enacts-law-expanding-scope-of-installment-loan-and-sales-act. Retrieved September 23, 2026.
- Justia. law.justia.com/codes/nebraska/2012/chapter-45/statute-45-1024. Retrieved September 23, 2026.
- ndbf.nebraska.gov. Nebraska Department of Banking and Finance (NDBF). Retrieved September 23, 2026.
- nebraskalegislature.gov. Neb. Rev. Stat. 45-901 to 45-931. Retrieved September 23, 2026.
- ndbf.nebraska.gov. Nebraska Department of Banking and Finance (NDBF). Retrieved September 23, 2026.
- ndbf.nebraska.gov/about/legal/delayed-deposit-services-licensing-act. Retrieved September 23, 2026.
- National Low Income Housing Coalition. Out of Reach 2026: Nebraska. Retrieved September 23, 2026.
- U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics (LAUS), All States, Seasonally Adjusted. Retrieved September 23, 2026.
Important disclosures
APRs vary by lender and state in Nebraska. Each lender sets its own rates and terms and must show you the APR before you sign.
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- Questions about a lender licensed in Nebraska? Contact the Nebraska Department of Banking and Finance (NDBF) or file a state complaint.
- You can submit a complaint about any lender to the Consumer Financial Protection Bureau at consumerfinance.gov/complaint.