Nebraska Authorize High-Cost Payday Lending

0
Nebraska State Information


Legal Status: 
Legal

Citation:
Neb. Stat. Ann. §§ 45-901

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 

Post a Comment

0Comments
Post a Comment (0)

#buttons=(Accept !) #days=(20)

Our website uses cookies to enhance your experience. Learn More
Accept !