Notice of Application for an Installment Loan License for MG Student Loan Warehouse 2024-1 LLC

Notice is hereby given that MG Student Loan Warehouse 2024-1 LLC, 200 Clarendon Street, 20th Floor, Boston, Massachusetts (NMLS No. 2620696) has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. MG Student Loan Warehouse 2024-1 LLC intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act. 

Notice of Application for an Installment Loan License for Credit Karma Offers, Inc.

Notice is hereby given that Credit Karma Offers, Inc., 1100 Broadway, Suite 1800, Oakland, California (NMLS No. 1628077) has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Credit Karma Offers, Inc. intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act. 

Notice of Application for Installment Loan License for Vervent Inc.

Notice is hereby given that Vervent Inc., 10182 Telesis Court, Suite 300, San Diego, California (NMLS No. 1909062) has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Vervent Inc. intends to operate installment loan servicing business activities in Nebraska under the Installment Loan Act. 

Crypto ATMs

Governor Pillen signed into law Legislative Bill 609, the Controllable Electronic Record Fraud Prevention Act, which goes into effect on September 3, 2025. The Act establishes requirements for the operation of cryptocurrency kiosks, including licensing, customer disclosures, fraud prevention measures, transaction limits, and refund obligations. These provisions position Nebraska at the forefront of protecting consumers and regulating technologies involving controllable electronic records. The Department of Banking and Finance is responsible for enforcing and administering the Act, which includes examinations for industry participants.

To inquire about compliance with the Act or related licensing requirements, please contact the Department at dob.consumerfinance@nebraska.gov.

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To report a potentially unlicensed cryptocurrency ATM, you can file a complaint online at https://ndbf.nebraska.gov/consumers/complaints or email dob.complaints@nebraska.gov