Nebraska Payday Loans
Payday loans locations in Nebraska:
Abc Money Transaction
Address: 1434 North 27Th Street Suite 2
City: Lincoln
State: NE
Zip: 68503
Phone: 402-476-2355
Hold A Check
Address: 140 South 48Th Street Suite 1
City: Lincoln
State: NE
Zip: 68510
Phone: 402-488-4313
Cash Advance
Address: 2631 Randolph Street
City: Lincoln
State: NE
Zip: 68510
Phone: 402-435-0435
Minster Money Usa
Address: 21St & O Sts
City: Lincoln
State: NE
Zip: 68502
Phone: 402-477-5116
E-Zee Cash
Address: 1301 South Street
City: Lincoln
State: NE
Zip: 68502
Phone: 402-474-7283
A P Check Cashing
Address: 8826 Maple Street
City: Omaha
State: NE
Zip: 68134
Phone: 402-397-2274
Certegy
Address: Omaha
City: Omaha
State: NE
Zip: 68102
Phone: 402-333-1912
A P Check Cashing
Address: 8511 Frederick Street
City: Omaha
State: NE
Zip: 68124
Phone: 402-397-1500
Money Handling Machines Inc
Address: 8727 Irvington Road
City: Omaha
State: NE
Zip: 68122
Phone: 402-571-5577
Cash Station
Address: 3110 L Street
City: Omaha
State: NE
Zip: 68107
Phone: 402-734-1876
Governing law in the State of Nebraska:
Payday lending is legal in the State of Nebraska and there are laws in place that regulate this type of short term lending. All payday loan businesses must be licensed in the state in order to operate there. According to Nebraska law, a borrower cannot have more than two outstanding payday loans at a time, and the two loans cannot exceed $500. A payday loan company must post its license in an easily seen location, as well as all charges, late payment penalties, and fees. Additionally, the cash advance loan contract must set forth in a clear and understandable fashion and not use legal jargon with the date that the check will be deposited and the fees to be charged clearly visible.
Nebraska – Where to Complain or Get Information:
Nebraska Department of Banking & Finance
Address:
Commerce Court, Ste. 400
1230 ‘O’ Street
Lincoln, NE 68508-1402
Mail to:
P.O. Box 95006
Lincoln, NE 68509-5006
Phone:
Financial Institutions Division:(402)471-2171
Bureau of Securities:(402)471-3445
Consumer Hotline:(877)471-3445
Regulatory Contact: Karen Reynolds,, Review Examiner
Regulator Website: www.ndbf.org
Online Resources:
Brochure: Delayed Deposit Services in Nebraska http://www.ndbf.ne.gov/press/dds-brochure.pdf
Nebraska Payday Loans Consumer Lending Regulation
Consumer lending encompasses lenders not operating through a bank, savings bank or credit union (considered traditional lenders). Consumer lenders are considered non-traditional.
Nebraska has three different types of businesses that operate under the consumer lending division. These businesses are: installment loan companies, sales finance companies and loan brokers. Consumer lending does not include home mortgages (but can include home equity loans). The mortgage lending section of our web site addresses mortgage activities and regulation.
Installment loan companies regulated by our agency must be physically located in Nebraska. They specialize in personal and consumer loans, usually of a smaller amount and can include home equity lines of credit.
Sales finance companies purchase and service retail installment contracts. These contracts are usually in larger amounts and are involved in the purchase of material items, such as vehicles. Dealerships, and other businesses, typically sell these retail payment agreements to a third party – a sales finance company – who then becomes the responsible party for accepting and processing payments until the loan is paid in full.
A loan broker is a person or company that arranges for or helps to obtain a loan. These types of loans are commercial, consumer or personal loans. Loan brokers are not allowed to arrange or help obtain a loan secured by residential property in Nebraska without a mortgage banker license.
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