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Nebraska Interest Rates Laws
More Information on Interest Rate Laws
| Legal Maximum Rate of Interest | Up to 16% for contract (§45-101.03); otherwise legal rate, 6% (§45-102) |
| Penalty for Usury (Unlawful Interest Rate) | Only principal recoverable (§§45-105, 110); principal plus interest not exceeding legal contract rate (45-110) |
| Interest Rates on Judgments | 1% above bond equivalent yield; rate of contract; or specifically provided by law (§45-103) |
| Exceptions | Loans by Department of Banking, loan to any corporation; principal over $25,000; loan guaranteed by state/federal government on securities, open credit accounts; savings and loans; business or agricultural purpose loans; installment contract for goods and services; loan to any corporation, partnership or trust (45-101.04) |
Note: State laws are constantly changing -- contact an attorney or conduct your own legal research to verify the state law(s) you are researching.
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