Malmo at a glance
- Population: 96 residents, the 420th-largest of 527 places in Nebraska (US Census Bureau, Vintage 2023).
- 2020 Census base: 95 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up roughly 1.1% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Nebraska places: 420th largest of 527 (US Census Bureau).
- Size percentile: about 20% of places in Nebraska are smaller (US Census Bureau).
- Coordinates: latitude 41.2665, longitude -96.7209 (US Census Bureau Gazetteer).
- Nearest larger cities: Weston, NE (5 mi); Prague, NE (5 mi); Colon, NE (6 mi); Wahoo, NE (6 mi); Cedar Bluffs, NE (11 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Abie, NE (13 mi); Linwood, NE (15 mi); Rogers, NE (17 mi) (Census populations).
What a personal loan costs in Malmo
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Nebraska lending rules that apply in Malmo
The table carries the Nebraska rate and licensing rules that apply to consumer loans made in Malmo.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Malmo
The order below is a sensible way to approach a loan in Malmo:
- 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.