Legal Status
Legal
Citation
Neb. Stat. Ann. §§ 45-901
Loan Terms
Maximum Loan Amount: 500
Loan Term: max 34 days
Finance Charge for 14-day $100 Loan: 15
APR for 14-day $100 Loan: 391%
Debt Limits
Maximum Number of Outstanding Loans at One Time: 2 per lender. R.R.S. Neb. § 45-919
Rollovers Permitted: No, with some exceptions. R.R.S. Neb. § 45-919
Cooling-off Period: Silent
Repayment Plan: Silent
Collection Limits
Collection Fees: $15 NSF Fee. Neb. Stat. Ann. 45-918.01
Criminal Action: Not for returned check. Neb. Stat. Ann. 45-918.01