Nebraska Cash Advance
With more than 57 cash advance business operating in the state of Nebraska, customers have a lot of choices. In fact, that equals out to roughly 3.3 lenders for every 100,000 miles in the state! You could spend a whole day driving around to the different lenders to compare prices and spend your money on gas, or you can take the more simple approach. AdvanceCash.info can offer you the right products to fit your needs, and all from the comfort of your own home! All you need to do is fill out the application forms on our website, and by tomorrow morning you'll have the money waiting in your bank account. What could be easier or faster than that?
Nebraska Cash Advance Lending Laws
State laws govern the cash advance industry in the state of Nebraska; however, it is legal to obtain one of these loans. There is no minimum placed on the amount an individual can borrow, but there is a limit of $500. The maximum term of a Nebraska cash advance loan is thirty-one days, meaning the loan must be paid back once this time passes. As you will find in other states, there are laws in place to regulate the interest rates charged on the loans. The Annual Percentage Rate, or APR, is set at 650 percent, which means that cash advance loans are subject to 25 percent interest rates in the state of Nebraska.
Nebraska residents and people living in other parts of the United States may discover that they need money quickly at the last minute. Where would someone go, or whom would they turn to when they needed money quickly? As a cash advance company operating in the United States, we can help you find a solution or answer to that question. You can borrow money against your next paycheck to get the money that you need today. This helps you take care of things now, instead of putting them off for a few weeks. You can use the Nebraska cash advance fund to pay for anything you desire from paying a bill to paying for your anniversary dinner. The easiest and quickest way to get a Nebraska cash advance is to apply online using AdvanceCash.info.
To get the money you need right now, you shouldn't have to deal with any stress or anxiety. A Nebraska cash advance through our company is the perfect way to answer your financial problems in a positive and easy way. There are financial problems that you need to solve immediately and not in a few weeks. We understand that, and we offer you ways to pay those bills and solve those problems now, instead of putting them off. We can help you find money to meet your needs now.
You borrow money from us today and then pay us back in a few weeks; it really is that simple. You have the money you need today to pay those bills, and when you receive your next paycheck, you pay us back. This temporary solution is perfect for those last minute bills and unexpected problems. When you fill out our application, all your information is kept private and confidential, so you don't have to worry about your privacy. You will find that our service is unmatched.
Nebraska revised their State Stature law 45-901 to better regulate the cash advance practice. To open a cash lending business, a company is first required to have a license from the Nebraska Department of Banking. They must disclose information about their criminal past, if any, during the application process. The company must also have a $50,000 surety bond, $25,000 in assets, and pay $300 for the license. In addition, they are required to appear at a public hearing.
Nebraska state law requires fees on loans at a maximum of $15 for every $100 an individual borrows. The individual is also prohibited from borrowing more than $500 at any one time. The deferment period of the check is set at a maximum of 31 days. The same company is also prohibited from lending more than two amounts to the same borrower within the same timeframe. Two checks are allowed; however, the $500 limit is still in place. If a borrower is late on their repayment, they can be charged a $15 late fee.
All potential customers are granted the chance to see the license of the company, which is required to be displayed in an easy to see location. The cash advance company should also list all the fees and penalties they charge, as well as any late fees they may use. The customer should be able to read easily the loan agreement, and it should use regular language. The agreement should also include the date of the check and any fees that are charged.
Nebraska Unemployment Statistics
Nebraska had over 39,000 people without jobs in January of 2006. This unemployment rate had dropped by .5 percent from the previous year when unemployment rates were up to 4.1 percent.