Loans in Nebraska: payday, personal & title loan laws (2026)
Payday Loans Not available
Payday (delayed deposit) lenders are still licensed in Nebraska, but since voter-approved Initiative 428 (2020) they may not charge more than 36% APR, and a loan that breaks the cap is void.
Personal Loans
Licensed installment lenders: 24% on first $1,000, 21% above; loans up to $25,000.
Title Loans Not available
Nebraska has no title-loan licensing law.
Nebraska at a glance
Counties in Nebraska
Cities in Nebraska
Frequently asked questions
Are payday loans legal in Nebraska?
Payday (delayed deposit) lenders are still licensed in Nebraska, but since voter-approved Initiative 428 (2020) they may not charge more than 36% APR, and a loan that breaks the cap is void. At that rate the traditional fee-based payday product is not workable.
How much can you borrow with a payday loan in Nebraska?
A lender may not hold checks from one borrower totaling more than $500 at any one time.
How much do payday loans cost in Nebraska?
A lender may not charge more than 36% APR. A transaction that violates this is void.
Are title loans legal in Nebraska?
Nebraska has no title-loan licensing law. A licensed installment lender may take a vehicle as security, but the loan is limited to 24%/21% a year, so triple-digit title loans cannot be made legally.
What interest can title lenders charge in Nebraska?
Installment loans, secured or unsecured, are capped at 24% a year on the first $1,000 of unpaid principal and 21% on the rest.
Is there a cap on personal loan interest rates in Nebraska?
Licensed installment lenders: 24% on first $1,000, 21% above; loans up to $25,000.
Do personal loan lenders need a license in Nebraska?
Anyone in the business of making installment loans needs a Nebraska installment loan license, as does anyone who holds, services or deals with borrowers on such loans. A non-licensee charging no more than the 16% usury rate is outside the Act. Banks and other financial institutions cannot be licensed under it.