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Payday Loans in Nebraska

High-cost payday lending is prohibited in Nebraska under a 36% rate cap.

Nebraska voters approved Initiative 428 in 2020, capping payday-loan charges at 36% APR and ending the state's prior high-cost delayed-deposit product. Payday lenders can no longer operate profitably in the state. Short-term borrowers use credit-union and nonprofit alternatives.

Key limits in Nebraska
  • Cost note: 36% APR cap

Figures can change — always confirm current limits with the official source below before borrowing.

Payday loans aren’t available in Nebraska. Here are options you can use instead:
  • Credit-union payday alternative loans (PALs)
  • Nonprofit emergency assistance programs
  • Employer paycheck advances
  • Payment plans with creditors

Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification

This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.