Hay Springs at a glance
- Population: a Census-estimated 575, placing it 180th among Nebraska's 527 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 601 residents here (US Census Bureau).
- 2020 to 2023 change: about 4.3% lower than the 2020 Census base (US Census Bureau).
- Rank among Nebraska places: 180th in population of 527 places (US Census Bureau).
- Size percentile: ahead of around 66% of Nebraska places in population terms (US Census Bureau).
- Coordinates: 42.6833, -102.6896 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Rushville, NE (12 mi); Chadron, NE (19 mi); Gordon, NE (26 mi); Hemingford, NE (32 mi); Crawford, NE (37 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Clinton, NE (18 mi); Whitney, NE (30 mi); Batesland, SD (43 mi), each a US Census place.
What a personal loan costs in Hay Springs
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Nebraska lending rules that apply in Hay Springs
The sourced rows below are the rules a licensed lender must follow when lending in Nebraska, and therefore in Hay Springs.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Hay Springs
Here is a short checklist for comparing personal loans in Hay Springs:
- 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.