Wisconsin

State Payday Loan Law Information

The maximum loan amount for payday loans in Wisconsin is not specified. The amount of time for the loan is also unspecified.  There is no limit on the maximum finance rate and fees.

There is no limit on the maximum number of  outstanding loans at one time, cooling off period, or repayment plan.

Collection fees are limited to $15 per check if the check is returned due to no account open at a bank, insufficient funds, or insufficient credit.  The check may be presented twice for payment.  Criminal action is prohibited per Wisconsin worthless check law.  A check given to secure a loan isn’t worthless.

 

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