Murray at a glance
- Population: a Census-estimated 500, placing it 198th among Nebraska's 527 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 487 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 2.7% growth over the 2020 Census base (US Census Bureau).
- Rank among Nebraska places: 198th by size among 527 communities (US Census Bureau).
- Size percentile: about 62% of Nebraska's Census places are smaller (US Census Bureau).
- Coordinates: mapped at 40.9164, -95.9274 by the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Plattsmouth, NE (6 mi); Weeping Water, NE (12 mi); Glenwood, IA (13 mi); Tabor, IA (13 mi); Louisville, NE (13 mi) (US Census Bureau).
- Smaller places close by: Nehawka, NE (7 mi); Union, NE (7 mi); Pacific Junction, IA (10 mi) (US Census Bureau).
What a personal loan costs in Murray
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Murray
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Murray
The steps below are worth completing first when you borrow in Murray:
- 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.