How Does a Wisconsin Installment Loan Work?
Simple Process
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quick online application
Quick Approvals
Submit application and
get approved.
Instant Funding*
Money credited into debit card
or bank account - instantly. *Bank participation
required.
Planning to make a purchase or looking for fast cash to meet an unexpected expense? Apply today for an online Installment Loan from Advance Financial. You could qualify for up to $1,500 in Wisconsin.
Whether you live in Madison, Milwaukee, Green Bay or Appleton, get fast cash with our simple, online process and repay the loan in fixed, equal monthly installments. At Advance Financial, we try to align your paydays and installment payment dates.
Apply now for a Wisconsin online installment loan.
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Installment Loan FAQs - Wisconsin
What is an online installment loan?
It is a type of loan where you borrow a set amount of money. You then repay the loan over a fixed number of payments, called installments.
What do I need to get an installment loan in Wisconsin?
- Photo ID
- Verifiable Income
- Open/Active Bank Account to Receive Your Funds.
How long do I have before I am required to pay back my installment loan?
Your payment schedule is based on your actual loan terms. Your payments will vary depending on due dates, amount financed and dates you receive income, which is typically on a bi-weekly, semi-monthly or monthly basis.
Can I pay off my loan early and are there any penalties to pay my loan early?
You can repay your installment loan anytime with no pre-payment penalties.
Installment Loan Rates and Terms in Wisconsin
Advance Financial loan agreements are governed by the applicable laws of the State of Wisconsin.
Maximum Loan Amount
Advance Financial's maximum online installment loan in Wisconsin is $1,500.
Your payment schedule is based on your actual loan terms. Your payments will vary depending on due dates, amount financed and dates you receive income, which is typically on a bi-weekly, semi-monthly or monthly basis. If you have an Advance Financial Installment Loan in Wisconsin and need help understanding your payment schedule, call 800-449-8421 or email anytime
How much can I receive on an installment loan in Wisconsin?
Advance Financial can approve loans ranging from $25 up to $1,500, subject to underwriting
How much does it cost?
Wisconsin Interest Rates and Interest Charges
The chart below is an example of a $500 Installment Loan. Rates and terms may vary based on loan amount. Please see your loan agreement for the annual percentage rate (APR) and other applicable loan terms. If you have any questions or would like more information, Advance Financial is here to help 24/7.
In this example, the customer pays once a month and would make 4 payments of $183.68 and one (1) final payment of $183.70:
| MONTHLY INSTALLMENT LOAN EXAMPLES - WISCONSIN | |||
| APR* 362.04% |
Finance Charge $ 418.42 |
Amount Financed $ 500.00 |
Total of payments** 4 payments of $ 183.68, and final payment of $ 183.70 |
In this example, the customer pays bi-weekly and would make 8 payments of $96.02 and one (1) final payment of $96.13:
| BI-WEEKLY INSTALLMENT LOAN EXAMPLES - WISCONSIN | |||
| APR* 358.99% |
Finance Charge $ 364.29 |
Amount Financed $ 500.00 |
Total of payments** 8 payments of $ 96.02, and final payment of $ 96.13 |
Important: The terms of your actual installment loan might be different than the examples above based on a number of factors, including the amount of money you borrow, the length of the loan term and your APR. These factors will affect the terms and the actual costs of your credit.
*Annual Percentage Rate: The APR is the cost of your loan expressed as a yearly rate.
** Assumes all payments are made as scheduled.
Advance Financial loan agreements are governed by applicable federal laws and state laws of Wisconsin.
Late Fee: 5% of the past due installment or $10, whichever is less.
Return payment fee: $15.
To See Your State's Licenses
Disclaimers
You may qualify for an online installment loan from $25 to $1,500 or an online line of credit from $1,501 to $4,000. Credit will be extended in accordance with Wisconsin Statutes, Section 138.09 and other applicable law. Advance Financial License #3705. If you are married and your spouse is not a party to your application, Section 766.56(3)(b), Wis. Stats. requires that Advance Financial mail written notice to your non-applicant spouse. Advance Financial loan agreements are governed by Federal and applicable laws of the State of Wisconsin.