Title Loans in Wisconsin

Wisconsin allows title lending without caps on interest rates or loan amounts. The Department of Financial Institutions oversees lender licensing. Borrowers should compare offers carefully as costs can vary significantly.

How Title Loans Work in Wisconsin

Wisconsin title loans use your vehicle title as collateral. You continue driving while the lender holds the title. Loan amounts and terms are determined by the lender based on your vehicle's value.

Wisconsin Title Loan Regulations

The Wisconsin Department of Financial Institutions regulates title lending. While lenders must be licensed, Wisconsin has minimal restrictions on rates or loan amounts.

• Lenders must be licensed with the Wisconsin Department of Financial Institutions
• Maximum loan amount: No statutory cap
• Maximum interest rate: No cap
• Cooling-off period: None

Typical Terms in Wisconsin

While terms vary by lender, here's what you can typically expect:

• Loan amounts: $100 to $10,000+ depending on vehicle value
• APR¹: Often 150% to 300% or higher
• Loan terms: Usually 30 days to 12 months
• Loan-to-value: Typically 25% to 50% of vehicle value