Snap Loans Cash is free to use — we never charge you a fee. The costs below are the maximums a licensed Nebraska payday lender may charge under the Delayed Deposit Services Licensing Act (Neb. Rev. Stat. §§ 45-901 to 45-930). Your actual rate and fees come from the lender and appear in your loan agreement before you accept.
Loan Rules in Nebraska: Rates & Terms at a Glance
| Item | Nebraska limit |
|---|---|
| Maximum loan amount | $500 aggregate face amount |
| APR cap | 36% (Initiative 428, 2020) |
| Maximum term | 34 days |
| Rollovers/renewals | Prohibited |
| Outstanding loan limit | One transaction per lender at a time |
| Cancellation right | By 5:00 p.m. the following business day, at no cost |
APR example: a $500 loan at the maximum 36% APR over the 34-day maximum term carries roughly $17 in interest. Source: Neb. Rev. Stat. § 45-919; regulator: Nebraska Department of Banking and Finance. Verified July 5, 2026.
Nebraska loan rules at a glance
| Rule | Nebraska limit |
|---|---|
| Legal status | Legal and regulated |
| Maximum loan amount | $500 maximum aggregate face amount |
| Maximum term | 34 days maximum |
| Finance charge cap | 36% APR (Initiative 428, 2020) — replaced the prior $15/$100 fee structure |
| Rollovers | Rollovers and renewals prohibited (§45-919.01); only one outstanding transaction per lender at a time |
| Cooling-off period | Right to cancel at no cost by 5:00 p.m. the following business day |
| Statute | Delayed Deposit Services Licensing Act — Neb. Rev. Stat. §§ 45-901 to 45-930 |
Source: Nebraska Department of Banking and Finance (NDBF) · Rules verified July 5, 2026