Cody at a glance
- Population: 167 (US Census Bureau, Vintage 2023 subcounty estimate), the 355th-largest of 527 places in Nebraska.
- 2020 Census base: 165 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: an increase of about 1.2% since the 2020 count (US Census Bureau).
- Rank among Nebraska places: the 355th-largest of 527 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 33% of Nebraska places in population terms (US Census Bureau).
- Coordinates: 42.9377, -101.2489 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): St. Francis, SD (22 mi); Martin, SD (29 mi); Valentine, NE (36 mi); Mission, SD (39 mi); Gordon, NE (49 mi) (US Census Bureau populations).
- Nearest smaller places: Nenzel, NE (7 mi); Kilgore, NE (15 mi); Merriman, NE (23 mi) (US Census Bureau estimates).
What a personal loan costs in Cody
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Nebraska lending rules that apply in Cody
The sourced rows below are the rules a licensed lender must follow when lending in Nebraska, and therefore in Cody.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Nebraska Department of Banking and Finance (NDBF) Source says: "The Nebraska Department of Banking and Finance is a state agency under the direct supervision of the Governor." | Nebraska Department of Banking and Finance as of 2026-09-16 |
| Delayed deposit services (payday) licensing administration | NDBF publishes delayed deposit services license guidelines, statutes, and a licensed-business search Source says: "Delayed Deposit Services (Payday Lenders)" | Nebraska Department of Banking and Finance as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 16% per annum maximum on agreed interest (unpaid principal balance) Source says: "any rate of interest which may be agreed upon, not exceeding sixteen percent per annum on the unpaid principal balance, shall be valid" | Nebraska Legislature (Nebraska Revised Statutes) as of 2026-09-16 |
| Payday lending status | Capped at 36% APR (Initiative 428, 2020); violating transactions are void Source says: "A licensee shall not impose an annual percentage rate greater than thirty-six percent in connection with a delayed deposit transaction." | Nebraska Legislature (Nebraska Revised Statutes) as of 2026-09-16 |
| Small-loan / installment lender licensing | Delayed Deposit Services Licensing Act (Neb. Rev. Stat. 45-901 to 45-931) Source says: "Sections 45-901 to 45-931 shall be known and may be cited as the Delayed Deposit Services Licensing Act." | Nebraska Legislature (Nebraska Revised Statutes) as of 2026-09-16 |
How to compare offers in Cody
The steps below are worth completing first when you borrow in Cody:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Nebraska using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.