Installment Loans in Nebraska
Nebraska licenses installment lenders separately from delayed-deposit providers. The statutory rate is capped at 24% per year on the first $1,000 of unpaid principal and 21% on the remainder, with separate origination-fee and term rules.
Nebraska legal category: Installment Loan under the Nebraska Installment Loan and Sales Act · Nebraska Installment Loan and Sales Act, including §§45-349 and 45-350
Nebraska installment loans at a glance
- Legal status
- Permitted Regulated
- Legal category
- Installment Loan under the Nebraska Installment Loan and Sales Act
- Maximum amount in this regime
- The Act is not represented here as having a $5,000 statutory ceiling. PLS Cash Advance focuses on its $500–$5,000 editorial routing range.
- Term
- Except for mobile-home loans, §45-349 generally limits installment loans to 145 months. Separately, loans with principal of $3,000 or less generally may not schedule principal payments beyond 36 calendar months from the contract date, subject to statutory exceptions.
- Regulator
- Nebraska Department of Banking and Finance
- Verified
- 2026-09-07
Choose a loan type by amount
PLS Cash Advance currently presents request amounts from $200 to $5,000. The ranges below are navigation guidance between our state loan guides — not statutory limits, eligibility rules, or a promise of approval.
Payday Loans in Nebraska
Editorial payday route only within the statutory $500 aggregate check-face ceiling. Actual cash proceeds may be lower depending on the transaction structure.
Installment Loans in Nebraska
Editorial multi-payment route within Nebraska’s broader installment-loan framework; $5,000 is the site selector boundary, not a statutory maximum.
Amount and term limits
The Act is not represented here as having a $5,000 statutory ceiling. PLS Cash Advance focuses on its $500–$5,000 editorial routing range.
Except for mobile-home loans, §45-349 generally limits installment loans to 145 months. Separately, loans with principal of $3,000 or less generally may not schedule principal payments beyond 36 calendar months from the contract date, subject to statutory exceptions.
Interest, fees and repayment
The rate ceiling is 24% per annum on the portion of unpaid principal up to $1,000 and 21% per annum on the remainder.
A nonrefundable origination fee may be charged within §45-349 limits: generally the lesser of $500 or 7% of the first $2,000 of original principal plus 5% above $2,000, subject to the prior-loan/new-funds rules in the statute.
Contracts may use substantially equal consecutive monthly installments and may use precomputed charges so long as the statutory rate ceilings are not exceeded.
| Principal band | Maximum annual interest rate |
|---|---|
| $0–$1,000 | 24% |
| Over $1,000 | 21% |
Rollovers, refinancing and early payment
- Rollover allowed?
- Not reduced to a yes/no rule
Renewal/readjustment rules depend on the contract and statutory charge provisions; no payday-style rollover flag is asserted. - Prepayment penalty allowed?
- No
Installment loan licensees must permit advance payments, and precomputed contracts are subject to statutory refund/credit rules. The ordinary consumer route is not presented with a general prepayment penalty.
Nebraska borrower protections
- Installment lenders are supervised by the Nebraska Department of Banking and Finance.
- Rate ceilings are 24% on the first $1,000 of unpaid principal and 21% on the remainder.
- Origination fees are capped by a statutory formula.
- Loans of $3,000 or less generally have a 36-month principal-payment limit, while §45-349 provides a broader 145-month maximum for most other covered installment loans.
Nebraska loan cost calculator
How to verify a lender in Nebraska
Regulator: Nebraska Department of Banking and Finance.
Installment Loan License
Official sources
- Nebraska Revised Statute §45-349 — installment-loan rates and charges · primary
- Nebraska Revised Statute §45-350 — installment loan rules · primary
- Nebraska Department of Banking and Finance — Consumer Financial Services licenses · primary
Last regulatory verification: 2026-09-07. Laws can change; verify current terms and lender status before borrowing. Read our research methodology.