Nebraska Payday Loans

If you’re in need of quick money, you might be considering Nebraska payday loans. Payday loans aren’t only for those struggling but even those who have a stable source of income can face an emergency.

Find out what you need to know before you apply — including which local laws and fees to expect.

Can I get a Payday Loan 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 the maximum amount you can borrow is $500. As well as this, you can only have two outstanding loans at the same time.

What fees and charges do Nebraska Payday Loans come with?

When taking out a payday loan, there will always be fees of some sort. Whether it’s interest fees or missed payment fees, you’re bound to experience them at least once. Here are some main ones to look out for:

  • Financing fees: $15 per $100 borrowed
  • Finance charge: A 14-day $100 loan costs $17.65
  • APR: A 14-day $100 loan has an APR of 459%
  • Collection fees: A lender may charge a $15 non-sufficient funds (NSF) fee

Can I use a Payday Loan for anything?

Technically, yes you can. One of the great things is that there are no questions asked with regards to how you plan on spending the money. This means you don’t have to worry about being denied because of the reason you are seeking the loan.

However, at LoanPigUSA we advise that you only spend your funds on emergencies or necessities, such as bills.

What to consider before taking out a Payday Loan

Before taking out a payday loan, do consider all of your options. Be sure to check all your other options. Whether this is just simply saving up money, or borrowing from friends and family, consider them all. As the last thing we want for you is to put yourself in more debt.

Think about if you will or won’t be able to make all the needed repayments and if so, will it put a strain on your bank account?

How can I apply for a Payday Loan in Nebraska?

When you apply, you’ll need to give your lender some basic information about yourself. This generally includes your name, address, email address or phone number, details about your income and your Social Security number.

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

Apply Now!