Payday Lender

​​Licensed under Wis. Stat. s. 138.14, payday lenders lend money to consumers and are allowed to accept the consumer's check(s) or authorization for electronic fund transfer(s) and hold the check(s) or authorization for a period of time before presenting the check(s) or initiating the electronic fund transfer(s) in payment of the loan.  The loans offered by payday lenders are limited to $1,500 or 35% of a consumer’s gross monthly income, whichever is less. 

Wisconsin payday lenders are required to maintain their Wisconsin licenses on the Nationwide Multistate Licensing System & Registry (NMLS).   Information about Wisconsin payday lender licensing is found in the NMLS Resource Center and information about licensed Wisconsin payday lenders is found on the NMLS Consumer Access website.

Frequent Links

Helpful Information

  • Order Regarding Database Transaction Fee.  Written July 1, 2011.
  • Cybersecurity 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 developed by the Conference of State Bank Supervisors in conjunction with 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.

Contact Us

Phone: (608) 261-7578