Fair to Bad Credit Loans in WI

We Find Lenders Who Lend To Bad Credit Borrowers

We Find Lenders Inc. Fair To Bad Credit Loans Logo

Home > How To Apply > Wisconsin

Last updated December 9th 2018

Commentary is for informational purposes only. See legal disclaimers here.

Trouble Getting Approved in Wisconsin?

It's hard when your credit is bad right? We can help, and in about 10 seconds you're going to see how.

Enter your zip and credit score to get started...we got you!

Wisconsin Applicants
See How We Can Help You Get Funded!

Wisconsin Usury and Regulations

Summary of Wisconsin Usury Law(s) / Quote: "Legal: 5% / Contract: Any rate not exceeding various statutory maximums / Judgment: 12% / Corporate: No special rate"

(WeFindLenders.com endeavors to include the most up to date legal data for Wisconsin, but no guarantee or warranty of any kind is expressed or implied as to the accuracy of said data. This data is not intended to be legal advice. For legal help speak with a lawyer in Wisconsin, and/or contact the Wisconsin State government's division of banking and finance - legal statutes researched by FindLaw.com & American Lawyers Quarterly - see credits)

Wisconsin Usury Law Information:

Legal Maximum Interest Rates: Quote: "5% unless otherwise agreed in writing (§138.04)"

Usury Penalties: Quote: "Lender intentionally violating fined $25 to $500 and/or prison up to 6 months (§138.06(2))"

Judgment Interest Rates: Quote: "12% (§815.05(8))"

Legal Exceptions: Quote: "State-chartered banks, credit unions, savings and loans, etc. (§138.041); residential mortgage loans (§138.052(7)); loans to corporations (§138.05(5)); installment contract on auto (§218.0142)"

Wisconsin Lenders By City

Milwaukee WI / Madison WI / Green Bay WI / Kenosha WI / Racine WI / Appleton WI

Complaints to:

Wisconsin Department of Financial Institutions / Wisconsin Complaint Process / Compaint form PDF for download

Department of Financial Institutions: Bureau of Consumer Affairs / PO Box 8041, Madison, WI 53708-8041 / Phone: 800.452.3328 Fax: 608.264.7968

Wisconsin Lender Service Areas Map

Wisconsin Bad Credit Lenders Map - Initial Static Image

Click or tap map image above for interactive version.
Lenders
contact us for listing removal or amendment.


Enterprise Credit Union
765 N Broadway Milwaukee
WI 53202 - 262.797.6260
www.enterprisecu.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Educators Credit Union
7025 W Appleton Ave, Milwaukee
WI 53216 - www.ecu.com
800.236.5898

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Summit Credit Union
5000 W National Ave, Milwaukee
WI 53295 - 608.243.5000
www.summitcreditunion.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Dane County Credit Union
2160 Rimrock Rd, Madison
WI 53713 - www.dccu.us
608.256.5665

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Post Office Credit Union
151 Corporate Dr, Madison
WI 53714 - www.mypocu.com
608.244.3518

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Wisconsin Medical Credit Union
2221 S Webster Ave, Green Bay
WI 54301 - www.wismedcu.org
920.432.4353

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Capital Credit Union
406 Cardinal Ln, Green Bay
WI 54313 - www.capitalcu.com
920.494.2828

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Service Credit Union
600 N Adams St, Green Bay
WI 54301 - www.service-cu.com
920.433.1784

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Southern Lakes Credit Union
5001 60th St, Kenosha
WI 53144 - 262.694.1600
www.southernlakescu.org

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Blackhawk Community Credit Union
7180 75th Street Kenosha
WI 53142 - bhccu.org
800.779.5555

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Bad Credit Loan Form for Wisconsin

Fast Loan Pre-App Method
Accessing Bad Credit Lender Pool (?)

Learn about GAP (Gift Angel Program)

 

Bad Credit Loan Example In Wisconsin

Chrissie is about to inherit some cash from her grandmother’s estate and she would like to borrow the money in advance to help her pay off some of her debts. Her grandmother passed away a few months ago and according to the will she left Chrissie some money and other heirlooms that she wanted Chrissie to have.

She knew Chrissie was having financial problems and wanted to help her out. According to the will she will receive over $20,000 in cash once the will has been probated and the assets sold to generate the cash that is to be paid out.

It is taking somewhat longer than Chrissie anticipated since the courts had to step in and probate the estate. She is hoping that she will receive the money in a month or two months at the latest.

Chrissie is applying for this bad credit loan on the basis that she is to receive this money and she really wants to repay all of her debts as soon as possible.

She has missed payments and also declared bankruptcy a few years ago and had a lot of financial difficulty at that time. With this money she can catch up on everything and repay the loan in a month or two.

She would like to borrow $15000 on a four year term. She only plans to have the loan for a couple of months and then repay it in full.
A $15000 loan with a 4 year term and 9.76% interest rate for Chrissie would cost her the following per month:

• Loan Amount (principal) = $15000
• Interest Rate = 9.76%
• Term Length =4 year
• Monthly Payment = $378.71
• Total Paid Back = $18178.19
• Total Interest = $3178.19

This is really a high risk bad credit loan as far as the lenders are concerned. Chrissie does not make sufficient income to cover this loan and her other monthly rental and utility payments.

She would be unable to meet the terms of this loan without the gift from her grandmother’s estate.

She also has debt that she must repay although the loan would cover this debt.

She does not have a good credit score and she does not have a very good history of repaying loans, given her bankruptcy a few years ago. It is very unlikely that anyone will approve this loan request under the present circumstances.

They might consider her loan if she can provide some kind of documentation that shows she will inherit the cash she needs to repay the loan.

A letter with a copy of the will from the lawyer or the executor who is handling the will might be accepted. Although this would be highly unusual it might be considered.

Another issue the lenders wonder about is why not wait until she receives her portion of the inheritance and then repay what she owes.

At most it will be a couple of months and will not cost her that much in interest charges on her debt. She could avoid the bad credit loan altogether.

Chrissie is considering her options and will decide what to do in the next week or so.

If you live in the State of Wisconsin and you're struggling to get a loan approval with a bad credit rating we hope our website helps you in some way.

Sincerely,

Chris Somerset

Chris Somerset is the daughter of Lance Somerset who founded the We Find Lenders Pool. She contributes to WeFindLenders.com whenever she's not having fun with her three children and her husband Ron.

Debt Consolidation Loans in WI

Last 5 debt service loans approved in the State of Wisconsin. Source: WFL Lender Pool. Updated Weekly. Principals rounded to the nearest $1000. Relative interest rates listed below in order left to right.

$8000 $13000 $80000 $35000 $60000

10.79% 14.12% 13.47% 14.83% 13.69%

Wisconsin Debt Consolidation Providers

Wisconsin Debt Consolidation Loan Providers - Initial Static Image

Click or tap map image above for interactive version.
Lenders
contact us for listing removal or amendment.


American Debt Consolidation
Racine WI 53403 - 262.637.7160

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

American Debt Consolidation
Kenosha WI 53140 - 262.654.6255

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Debt Advisors Law Offices
250 E Wisconsin Ave Milwaukee
WI 53202 - mydebtadvisors.com
414.239.5913

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

GreenPath Financial Wellness
10101 W Greenfield Ave #110,
West Allis, WI 53214
www.greenpath.com
414.282.8064

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Debt Relief Milwaukee
1247 W Canl St, Milwaukee
WI 53233 - 877.820.2211

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Landmark Credit Union
3413 Rapids Dr, Racine
WI 53404 - www.landmarkcu.com
262.796.4500

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Educators Credit Union
1400 N Newman Rd, Racine
WI 53406 - www.ecu.com
800.236.5898

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Racine Municipal Employees CU
1907 Lathrop Ave, Racine
WI 53405 - www.rmecu.org
262.637.7274

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Racine Police Credit Union
730 Center St, Racine
WI 53403 - 262.635.7824

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Prospera Credit Union Appleton
4830 N Ballard Rd, Appleton
WI 54913 - myprospera.com
920.882.4800

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

CentralAlliance Credit Union
665 W Ridgeview Dr, Appleton
WI 54911 - 920.731.0300
centralalliancecu.org

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

WI Debt Consolidation Application Form

Wisconsin Application Form
Bad Credit Debt Consolidation Loans (?)
 

About Consolidation Loans In Wisconsin

Wisconsin borrowers maybe better served to first consult their own local bank or credit union before using online services. It's always the best bet to check with the people in your local community. However, if all else fails locally, you can use the form above in your effort to find a local or national lender who provides debt consolidation loans that are unsecured. If you have some sort of collateral asset, that will help even more.

Consolidation Loan Example in Wisconsin

Phillipe is facing many payments every month and he is having trouble balancing all of the payments and meeting the dates that each one is due.

He is juggling his cash flow to try to avoid late payments. He has used cash advances from his credit cards to pay one card when it is due and then reversing the payment a week later to pay off the other credit card.

He has used pay day loan services, but found they were even more expensive than cash advances from credit cards. He no longer has this type of loan.

He also has a car payment in addition to regular rent payments and utility payments. He almost missed a rent payment. He had to take a cash advance from a credit card to pay his rent.

While he is successfully juggling his payments, it is getting more difficult every month. With the extra interest payments on the cash advances, his cash flow is getting worse not better.

Phillipe understands that each time he takes a cash advance, interest is charged immediately at 21 % on the cash advance and also any unpaid balance.

He seems to be always paying interest. He would like to be approved for a loan of $4000 and repay it over 2 years. With a lower interest rate and regular payments, he is hoping to get his budget and cash flow under control.

He wants to get out of the cycle of using cash advances to meet his budget and cash flow issues.

A $4000 loan with a 2 year term 7.13% interest rate for Philippe would cost him the following per month:

• Loan Amount (principal) = $4000
• Interest Rate = 7.13%
• Term Length = 2 year
• Monthly Payment = $179.33
• Total Paid Back = $4303.83
• Total Interest = $303.83

Phillipe is using cash advances from his credit card as an expensive loan service to help him pay his bills and manage his cash flow.

What Phillipe is doing is actually quite common. Many consumers having no choice, unable to pay their bills, are using cash advances to meet short term financial requirements.

Even though it is very expensive, and interest charges are high, they feel they have no choice.

They need to meet a bill payment requirement or risk lowering their credit scores, collection action or even repossession of vehicles.

In many cases the situation just gets worse due to the added expense of interest charges.

Phillipe’s credit score is still average and he has not seen his credit score impacted because he is meeting all of his payment requirements.

His credit utilization is pretty high. If he were able to repay his credit cards and keep the balances at zero with a loan, his credit utilization would be lower and his credit score would actually improve.

The best approach for Phillipe is to use this debt consolidation loan to repay all of his debts and then focus on repaying the loan over a two year term.

He will need to make sure that he maintains a zero balance on his credit cards or risk finding himself in the same situation within a few months.

If you live in the State of Wisconsin and you're trying to get approved for a debt consolidation loan, we hope our website helps you find a good lender regardless of your credit rating.

Sincerely,

Andy Somerset

Andy Somerset is the son of Lance Somerset who founded the We Find Lenders Pool. He writes for WeFindLenders.com whenever he's not working hard on his degree in finance.

Credit Counseling Services In WI

Wisconsin Credit Counseling Providers - Initial Static Image

Click or tap map image above for interactive version.
Counselors
contact us for listing removal or amendment.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Consumer Credit Counseling Services
3200 W Highland Blvd Milwaukee
WI 53208 - 414.482.8801
www.creditcounselingwi.org

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Madison Financial Counseling
3805 Johns St, Madison
WI 53714 - 608.216.0653

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Debtors Anonymous
Madison, WI 53703
debtorsanonymous.org
608.283.3247

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Consumer Financial Services
6314 Odana Rd
Madison, WI 53719
608.288.2000

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

WFL Loan Product Menu

  • Bad credit scores below FICO 650
  • 200+ lenders review your pre-application(s)
  • Applying does not worsen your credit score
  • Interest rates starting as low as 9% (cs)
  • Collateral not always required
  • Funding between 24 hours and 5 days
  • Terms from 6 months to 10 years
  • Borrow between $500 and $50,000
  • Loans for people with 650+ credit scores
  • 500+ lenders can review your application
  • Interest rates starting as low as 7% (cs)
  • Fast approvals and fast funding
  • Line of credit approvals with reasonable APR
  • Borrow between $500 and $150,000
  • Lenders who provide bad credit consolidation
  • Debt settlement or debt relief services
  • 300+ lenders can review your application
  • Interest rates starting as low as 7% (cs)
  • Seamless approval and funding process
  • Debt relief counseling available
  • Borrow form $5000 - $150,000

Loan Calculator / Estimation Only

- - - - - - - - - - - - - - - - - - - - - Enter
  Loan Amount
  Interest rate
  Term In Yrs
- - - - - - - - - - - - - - - - - - - - - Results
  Mo. Payment
  $$ To Lender
  $$ of Interest

 

Important Information

FAQ / Privacy / Terms / Contact / Site Map

Disclaimer / Security / FICO Impact / Credits

About the WFL Lender Pool / Our Team

Ad Disclosure / APR & Fees / Collection

Default Implications / Service Areas

 

Back to Top

©2018 We Find Lenders Inc. All Rights Reserved