Why get an Online Loan in Wisconsin?
We get it. Sometimes, emergency expenses like boat repairs come up and you need to get cash
immediately. Nonetheless, you don't have the income or credit to put it on your credit card.
Thankfully, getting an online loan in Wisconsin is quick and easy. It doesn't matter if you live
in Milwaukee, Madison, Green Bay, or Mount Pleasant, you can you loan deposited the same business day or if applying after 11am, the next business day.
How Much do Online Payday Loans in Wisconsin Cost?
The maximum annual percentage rate allowed by law in Wisconsin is 799% APR.
Finance Charges
Often, the APR includes the interest rate plus fees. In Wisconsin, lenders may charge a maximum
of monthly fees up to 2.75% per month on unpaid loan balances. There are no maximum interest on payday loans.
Representative Example
For example, Ladonna has an unexpected boat repairs expense and needs cash
immediately. They can borrow up to $1,500 for up to 31 days
at 799% APR. The high APR can make this example loan extremely expensive; Ladonna will pay back a total of $2,499 including a total of $999 in interest and fees!
What You Need
Before you can get an online loan in Wisconsin, this is what you will need:
- You must be at least 18 years old
- Valid Wisconsin driver license or government issued ID
- Checking or savings account
- Most recent pay stub
Terms for Online Payday Loans in Wisconsin
Maximum loan terms in Wisconsin:
- Maximum loan amont: $1,500
- Maximum rate, including fees: 799%
- Maximum loan length: $1,500
