Waco at a glance
- Population: a Census-estimated 304, placing it 257th among Nebraska's 527 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 293 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 3.8% growth over the 2020 Census base (US Census Bureau).
- Rank among Nebraska places: 257th of 527 by population (US Census Bureau, Vintage 2023).
- Size percentile: larger than about 51% of the Census places in Nebraska (US Census Bureau).
- Coordinates: 40.8970 latitude, -97.4617 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Utica, NE (6 mi); York, NE (7 mi); Beaver Crossing, NE (12 mi); McCool Junction, NE (13 mi); Stromsburg, NE (17 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Thayer, NE (5 mi); Gresham, NE (10 mi); Benedict, NE (11 mi) — US Census Bureau populations.
What a personal loan costs in Waco
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Nebraska lending rules that apply in Waco
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Waco
Here is a short checklist for comparing personal loans in Waco:
- 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.