Business Guidance
The Wisconsin Consumer Act (WCA) is the law that governs consumer credit transactions and the collection of consumer debt in Wisconsin. Information for creditors and merchants may be found on the links below.
Wisconsin Consumer Act (WCA) Coverage Changes
The WCA (Chapters 421-427 of the Wisconsin Statutes) is the law that governs consumer credit transactions and the collection of consumer debt in Wisconsin. Currently, consumer transactions exceeding $25,000 are excluded from coverage under the WCA. 2025 Wisconsin Act 105 includes an amendment to Wis. Stat. s. 421.202(6) that will broaden the coverage of the WCA to include transactions up to $50,000. This amendment goes into effect on January 1, 2027. Lenders should take steps to ensure their policies, procedures, and loan management systems are updated accordingly.
Other Resources
Cybersecurity 101 – a resource developed by the Conference of State Bank Supervisors intended to be an easily digestible, non-technical reference guide to help executives develop a comprehensive, responsive cybersecurity program in line with best practices
Ransomware Self-Assessment Tool – a resource updated October 15, 2024, and developed by the Conference of State Bank Supervisors in conjunction with state bank examiners, the Bankers Electronic Crimes Taskforce, and the United States Secret Service, which contains important controls that all types of companies should use to assess their efforts to mitigate risks associated with ransomware and to identify opportunities for increasing security.
Federal Trade Commission’s Cybersecurity for Small Business Resources – a set of cybersecurity resources developed in partnership with the National Institute of Standards and Technology, the U.S. Small Business Administration, and the Department of Homeland Security
Contact Us
Phone: (608) 264-7969
Toll-Free: (800) 452-3328 (in Wisconsin)
Fax: (608) 264-7968
Mailing Address:
Wisconsin Department of Financial Institutions
Bureau of Consumer Affairs
PO Box 8041
Madison, WI 53708-8041
Physical Address:
Wisconsin Department of Financial Institutions
Bureau of Consumer Affairs
4822 Madison Yards Way, North Tower
Madison, WI 53705