The Best Payday Lenders in Wisconsin

Being strapped for cash can happen regardless of where you live, and America’s Dairyland is no exception. Luckily, when it comes to payday loans, Wisconsin has a lot to offer to locals. But how do you find a reputable company that won’t take advantage of you? We’ve prepared a premium selection of payday lenders, along with an overview of Wisconsin’s payday loans, so stick with us.

Best Payday Loan Lenders in Wisconsin

Check into Cash Logo

Check into Cash

Your One Stop Money Shop

A true trailblazer, Check into Cash is among the best payday loans providers out there. The company was established in 1993, and they operate over 800 stores across 20 states. It is a well-established brand with numerous storefronts, which is quite reassuring to many customers. On the downside, they do run credit checks on new customers.

Available in: AL, AK, CA, DE, FL, HI, ID, IN, KS, MS, MO, NV, OK, OR, TN, TX, UT, WA, WI, and WY

Loan amount: $50-$1,000 (some states might have a lower cap)

Loan term: 14-30 days

APR: Depends on the loan term (261-782%)

Min. credit score: 300

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Cash Central Logo

Cash Central

online lending made simple.

Looking for top online payday loans in the US? Cash Central could be an excellent place to start. This brand is state-licensed, which ensures the safety and credibility of its services. They operate solely as an online lender, meaning that in-store cash advances are unavailable.

Loan amount range: $100 to $200 (loan amount may increase based on personal qualifications)

Loan term: 14 to 30 days

APR: 486% on a 15-day loan

Min. credit score: N/A

Fees: $20 per $100 borrowed

Approval time: Almost instant

Funds available in: Same or next business day

Number of Mississippi stores: Online only

Online application: Yes

24/7 open: No

Advance America

Advance America

Money today, momentum tomorrow.

One of the industry pioneers, Advance America has been in business since 1997. With over 1,400 physical stores across the continent and millions of clients served, Advance America offers some of the top payday loans on the market. They run a full-disclosure, no-nonsense kind of business where the customer always comes first.

Available in: AL, CA, CO, DE, FL, ID, IL, IN, IA, KS, KY, LA, MI, MS, MO, NE, NV, OH, OK, RI, SC, TN, TX, UT, VA, WA, WI, WY

Loan amount: Up to $1,000 (some states have a lower cap)

Loan term: 2-4 weeks

APR: Depends on the loan term (231-495%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Lend Nation Logo

Lend Nation

CASH WHEN AND HOW YOU NEED IT

Lend Nation is a brand with a longstanding tradition. The company was founded in 1990, and they have been providing excellent service ever since. With over 20 brick-and-mortar stores across the US, this brand has nationwide availability. What’s more, this vendor provides online cash advances, strengthening their already excellent offer.

Loan amount range: $50 to $1,000

Loan term: 7 to 30 days

APR: 651.78% for a 14-day loan

Min. credit score: N/A

Fees: Not indicated

Approval time: Almost instant

Funds available in: Same or next business day

Number of Idaho stores: 16

Online application: Yes

24/7 open: No

Check'n Go Logo

Check ‘n Go

Real solutions for real people

Check ’n go opened its doors to customers in 1994. Their first storefront was in Kentucky, and they’ve since expanded their business to over 20 states. This company offers quick payday loans, with interest rates that fall well within the industry average. With 26 years of experience and 1,000 stores across the US, you can’t go wrong with Check ‘n Go.

Available in: AL, CA, DE, FL, HI, ID, IL, IN, IA, KS, KY, ME, MI, MS, MO, NE, NV, ND, OH, OK, RI, SC, TN, TX, UT, WI, WY

Loan amount: $50-$1,500 (some states might have a lower cap)

Loan term: 10-35 days

APR: Depends on the loan term (214.68-661.80%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Laws for Payday Loans in Wisconsin

Payday loans are legal in the state of Wisconsin and regulated by Wis. Stat. 138.14. These loans, however, were completely unregulated in the state until as recently as 2010. Even current laws give much leeway regarding interest rates and other terms.

One consequence of the relaxed Wisconsin payday loan laws is that many firms do not indicate rates and other charges in advance. Several lenders meanwhile give out the rates for installment loans and mention that payday loans are available for qualifying applicants.

Wisconsin Payday Loans Laws

Payday Loan Requirements in Wisconsin

The eligibility criteria for borrowers can vary according to the loan provider. That said, if you meet the following criteria, you should be able to get payday loans from a direct lender in Wisconsin in most cases:

Most lenders will also ask you to provide a copy of your government-issued photo ID and proof of income, usually in the form of the applicant’s latest paystub. You may also have to share your email address, phone number, Social Security Number, and a blank check or banking information.

Bad Credit Payday Loans

The payday loans Wisconsin consumers can get are short-term, unsecured cash advances usually meant for customers who can’t source funds from other sources. Your credit standing, therefore, should not keep you from getting a payday loan in Wisconsin as long as you satisfy the criteria listed above.

Failing to Repay a Payday Loan

The Wisconsin state law prohibits criminal action for non-repayment of payday loans. However, in exceptional cases, lenders can take you to court if they can prove criminal intent, such as deliberately writing a bad check.

Even in ordinary cases, lenders may try to recover outstanding amounts in civil court, hire collection agencies, and report your account to a credit bureau.

Reviews of the Best Payday Loans Wisconsin Has to Offer

Check Into Cash

Check Into Cash is among the top payday lenders in the US, with reliability guaranteed by a BBB rating of A+. It is also among the few lenders with a BBB accreditation and has solid customer reviews. In Wisconsin, the firm has 10 stores spread across different cities.

Pros

Cons

Lending Offer Overview

Check Into Cash offers both in-store and online payday loans in Wisconsin and allows applications through the phone. Unlike its offering in some other states, its indicated interest rates for loans in Wisconsin are the same no matter how you apply.

The bad news is that these rates are pretty high, with the exemplary rates for a 14-day loan exceeding 650%. The actual cost to you may even be higher, depending on your payment history and other factors.

The firm’s APRs are constant for a specific term, regardless of the amount borrowed. So, depending on the term, you may end up paying much more than some other payday loans in the state.

While amounts up to $1,500 are allowed for payday loans from a direct lender in Wisconsin, Check Into Cash’s upper limit stands at $1,200. Customers, therefore, would have to opt for its installment loans for larger amounts. The firm further indicates an NSF fee of $15 but doesn’t state the maximum period for its payday loans.

The other positive features are what you would expect from a top firm, including quick approval and funding, especially for in-store applications. Borrowers should note that it has slightly stricter eligibility criteria than the competition, even though poor credit is unlikely to hinder your chances of getting a loan.

Other Features

Along with payday loans Wisconsin consumers can get with this lender, Check Into Cash also offers installment loans (up to $2,000) and title loans (up to $25,000). Other in-store services include check cashing, Western Union money transfer, prepaid debit cards, money orders, and bill payments.

Cash Central

While Cash Central has a solid A+ rating with the BBB, it lacks the great customer reviews of some of its competitors. It is among the best Wisconsin online direct lenders but doesn’t provide many extra services that the competition has at their storefronts.

Pros

Cons

Lending Offer Overview

The absence of stores means that Cash Central’s process isn’t as fast as some other lenders in Wisconsin; however, the firm follows a quick enough process for an online lender. Its three-step system ensures most borrowers know their approval within minutes and obtain funds within one business day.

The firm is also known for its secure process that keeps users’ data confidential. Applications in Wisconsin for online payday loans from the firm can be made 24/7, which is a great benefit as needs can arise at any time. You also get a range of repayment options with Cash Central, including ACH, debit card payment, money transfer, money order, and cashier’s check.

On the negative side, the firm’s APRs are very high, even more so than the usual rates for payday loans in the state. A 14-day loan has an indicated APR of over 700%, while shorter-term loans can cost you close to 2,000%. The other issue is that the firm has caps of 35 days and $800 for its Wisconsin payday loans, much lower than the limits allowed by the state laws. While no other charges are indicated, you should expect the standard NSF fees for Wisconsin.

An important point to note is that the firm checks a database maintained by credit bureaus during the application process. However, it does not affect your credit standing, nor does it keep those with poor credit from obtaining loans.

Other Features

The only other Cash Central products available to state residents are installment loans up to $5,000 as the firm’s services are limited to providing payday loans online in Wisconsin.

Advance America

Advance America has built a network of 30+ stores in Wisconsin over the last 24 years. The firm does not have a BBB rating but boasts some of the best customer reviews among US lenders. The only consistent negative is the not-so-great customer service. Its BBB page also cautions customers against scammers falsely claiming to represent the firm.

Pros

Cons

Lending Offer Overview

Advance America is one of those lenders that provide Wisconsin payday loans online and in stores but do not advertise this offering on their website. Installment loans are more widely offered by the firm. These loans cover identical amounts as payday loans ($100 to $1,400) but are for six months or longer.

The firm is known for high APRs in states where interest rates are not legally capped. For instance, a $400 loan from Advance America for six months has an APR of 343.36%, which is more expensive than what you’ll get from some other lenders. This rate also makes it clear that its Wisconsin payday loans will cost even more.

Nonetheless, Advance America offers several benefits, apart from its vast network and online and in-store services, which can make you consider its services. Its application process is paperless and, thus, swift. Same-day funding is possible with not just in-store applications but even some online loans. Wisconsin residents can also apply online and collect the funds from any of its state-based stores. Several repayment options are offered, and the eligibility criteria are quite relaxed.

Other Features

Apart from installment and payday loans Wisconsin consumers can get with this company, Advance America also offers in-store title loans from $300 to $10,000. Customers can also use MoneyGram money transfer services and purchase Netspend Visa prepaid cards in most stores.

LendNation

LendNation has the BBB rating you would want from a top lender but lacks the experience or customer reviews. Wisconsin is one of the states where the firm has a sizeable presence, offering loans online and in its seven stores.

Pros

Cons

Lending Offer Overview

LendNation is another firm that does not share much information about the payday loans Wisconsin residents can apply for, forcing customers to get an idea of expected rates from the information on its installment loans. However, like some other firms, it does mention that payday loans are available to qualifying customers.

The indicated APR for a $300 loan for seven months is 447.78%, meaning that shorter-term loans will be a lot more expensive. It also means that customers may be better off borrowing for longer terms that cost less and make repayment more convenient. Customers should also note that the firm has different rates for the in-store and online payday loans Wisconsin customers can get, the latter being slightly more expensive.

LendNation’s approval and funding processes are quick enough, with in-store applications getting you the money on the same day. With online loans, the money will take at least one business day to reach your account.

One noteworthy benefit of borrowing from LendNation is that customers get flexible repayment terms. Within certain limits, they can choose the period they want to repay over; plus, prepayment doesn’t earn you any penalty. It is a remarkably reliable option if you are looking for no credit check and a direct lender of online loans in Wisconsin.

Other Features

LendNation also offers in-store title loans in Wisconsin. Moreover, customers can make use of check-cashing and Western Union money transfer services at the stores. The firm also offers Insight mobile banking cards, which can be used to pay bills, manage purchases, and more.

Check N Go

Check N Go boasts a top rating with the BB and a high Trustpilot score of 4.3 out of 5. Its extensive presence further makes it a viable choice for Wisconsin payday loans—its 39 stores make it arguably the largest provider of short-term loans in the state.

Pros

Cons

Lending Offer Overview

While Check N Go offers both online and in-store loans in Wisconsin and has a more extensive network of stores in the state than any other lender, it does not indicate its Wisconsin payday loan interest rates. With the company known for high APRs, customers for payday loans in Wisconsin should be prepared for expensive loans.

The firm has a slightly slower funding process than other top lenders, so same-day financing is unlikely even with in-store loans, and customers needing immediate funds may be better off with a rival.

On the upside, Check N Go’s customer service is highly rated, and in-store applicants can expect guidance in choosing the loan that suits their needs the best. The firm’s strong reputation and ease of getting a loan regardless of credit standing also work in its favor. Check N Go does mention considering applicants’ credit, but that would only affect the rates and amounts you are offered for Wisconsin payday loans.

Other Features

Despite its wide presence, Check N Go offers fewer services in Wisconsin than it does in many other states. Apart from its loans, customers can use its check-cashing services and buy prepaid cards from the stores.

FAQ

Are payday loans legal in Wisconsin?

Yes, payday loans are legal in Wisconsin. However, such loans were relatively unregulated in the state until 2010, and the current laws are still among the most relaxed in the US.

How many payday loans can you have in Wisconsin?

You can have as many payday loans in Wisconsin as you want, but the total sum mustn’t exceed $1,500 or 35% of your gross monthly income, whichever is less.

What is the statute of limitations for checks to payday loans in Wisconsin?

The statute of limitations on consumer debt in the state is six years. It is worth pointing out that the timer resets every time you make a payment, however small it might be.

Can payday loans collect on checks 10 years later in Wisconsin?

The statute of limitations in Wisconsin is six years, which means that this shouldn’t be possible. However, if you make any payments during those six years, it will reset the timer. Borrowers are advised to speak with a lawyer if they’re unsure about their outstanding debt.

Can payday loans put you in jail in Wisconsin?

Criminal charges against debtors are forbidden for Wisconsin payday loans. However, you could be taken to court if a lender can prove that you intentionally wrote a bad check.

Can payday loans garnish your wages in Wisconsin?

Creditors can garnish up to 20% of your disposable income or the amount by which your disposable earnings exceed 30 times the federal minimum wage.

The Bottom Line

The flexibility afforded to lenders by Wisconsin’s lenient laws makes it crucial that customers are informed of their rights and only go to reliable lenders. While we’ve done our best to select the top companies for payday loans, Wisconsin residents can turn to. It’s still advisable to research these firms and identify the one that best fits your specific needs.

Always remember to borrow responsibly and never take out more cash than you can reasonably repay.

Your BalancingEverything Team

References:

MoneyLion

UStatesLoans.org

Consumer Federation of America

Check Into Cash

Cash Central

Advance America

LendNation

Check N Go