Mullen at a glance
- Population: a Census-estimated 461, placing it 206th among Nebraska's 527 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 498 (US Census Bureau).
- 2020 to 2023 change: down about 7.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Nebraska places: 206th in population of 527 places (US Census Bureau).
- Size percentile: it exceeds roughly 61% of Nebraska's Census places by population (US Census Bureau).
- Coordinates: latitude 42.0430, longitude -101.0446 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Hershey, NE (61 mi); Sutherland, NE (61 mi); Arnold, NE (61 mi); Valentine, NE (63 mi); North Platte, NE (65 mi) (US Census Bureau).
- Nearest smaller communities: Thedford, NE (25 mi); Hyannis, NE (37 mi); Halsey, NE (41 mi) (Census populations).
What a personal loan costs in Mullen
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Mullen
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mullen
A few practical steps will make the process in Mullen less costly:
- 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.