Nebraska Payday Loan Laws
 | Max Term of Payday Loan: | 31 days | | Max Fees and Finance Charges: | $15 per $100 | | Maximum Loan Amount: | $500 | | Number of Rollovers: | None (cannot repay, refinance, consolidate) | | Outstanding loans allowed at one time: | 2 | | Cool-off period: | Not specified | | Military Protection: | Not specified | | Payment Plan: | Not specified | | Limits on collection and presentment: | Not specified | | Collection fees: | $15 NSF fee | | Presentment Limit: | Not specified | | Penalties: | Civil Fines, Suspension or revocations of license; Cease and Desist Order; Criminal | | Private right of action: | Not specified |
Nebraska Payday Loan Laws:
A lender may only loan $500 maximum to any one borrower at a time. Nebraska passed statutes specifically authorizing payday lending.
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