Thayer at a glance
- Population: 51 — 478th in Nebraska, which has 527 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 49 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 4.1% higher than at the 2020 Census (US Census Bureau).
- Rank among Nebraska places: 478th-largest of 527 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 9% of places in Nebraska rank below it by population (US Census Bureau).
- Coordinates: 40.9703 / -97.4967, per the US Census Bureau Gazetteer.
- Nearest larger cities: Waco, NE (5 mi); Benedict, NE (6 mi); Gresham, NE (6 mi); York, NE (9 mi); Utica, NE (9 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Surprise, NE (13 mi); Lushton, NE (21 mi); Stockham, NE (29 mi), each a US Census place.
What a personal loan costs in Thayer
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
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.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Nebraska lending rules that apply in Thayer
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Thayer
These steps are the ones that most affect the offer you receive in Thayer:
- 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.