Payday Loans in Afton, Wisconsin

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Afton, WI. Consider companies in other cities:

Company nameAddressZip codePhone number
Royal Credit Union - Eau Claire South 4501 Royal Dr, Eau Claire, WI 54701 +1 (800) 341 - 9911
Farmers & Merchants Bank 303 E Spring St, Orfordville, WI 53576 +1 (608) 879 - 2911
Old National Bank 420 S Koeller St Frnt, Oshkosh, WI 54902 +1 (920) 891 - 7268
Check `n Go 2327 Jackson St, Oshkosh, WI 54901 +1 (920) 426 - 5050
World Finance 1330 W Main St, Sun Prairie, WI 53590 +1 (608) 834 - 0240
U.S. Bank Branch 201 Main St, La Crosse, WI 54601 +1 (608) 782 - 8101
Raymond James Financial Services 101 Center St, Ridgeland, WI 54763 +1 (715) 635 - 4505
Check `n Go 1205 E Mason St Unit C, Green Bay, WI 54301 +1 (920) 431 - 9999
Associated Bank 2403 E Main St, Merrill, WI 54452 +1 (715) 536 - 9449
EZ Money 1766 University Ave, Green Bay, WI 54302 +1 (920) 435 - 1234

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Afton, WI, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in La Crosse, WI, Payday Loans in Madison, WI, Payday Loans in Manitowoc, WI, Payday Loans in Menomonee Falls, WI, Quick Loan in Milwaukee, WI, Bad Credit Loans in New Berlin, WI, Payday Loans in Oak Creek, WI and Emergency Loan in Oshkosh, WI. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Afton, WI.

Beautiful sights of Afton, WI

Are Payday Loans Legal In Afton, Wisconsin?

Loan Rates and Fees, Laws and Regulations in Wisconsin.

Wisconsin Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)574
Maximum Loan Amount$1,500 (or 35% of the gross monthly income)
Minimum Loan TermNot Specified
Maximum Loan Term90 days
Number of Rollovers Allowed1
Finance Charges2.75%/mo

Afton, WI payday loan calculator

Understanding Payday Loans in Afton, Wisconsin for Residents

Payday loans are a form of short-term borrowing that involves a small amount of money, generally ranging from $100 to $1000, which is designed to cover the borrower’s expenses until their next paycheck arrives. Payday loans in Afton, Wisconsin are legal and regulated by the state government, allowing consumers to make use of this financial option.

How do Payday Loans Work in Afton, Wisconsin?

The process of getting a payday loan tends to be relatively simple and quick. A borrower fills out an application online or in-store, providing proof of income and a post-dated check or an authorization for electronic withdrawal from their bank account. Upon approval, the borrower gets the desired amount mostly on the same day or the next working day.

The repayment period for a payday loan is typically two weeks. On the due date, the loan amount, along with fees, is automatically withdrawn from the borrower’s bank account. Wisconsin state law caps fees at $15.50 per $100 loaned, which must not exceed 10% of the loan amount.

Who Qualifies for an Afton, Wisconsin Payday Loan?

To qualify for a payday loan in Afton, Wisconsin, a borrower must meet the following requirements:

  • Have a valid government-issued ID card, such as a driver’s license.
  • Provide proof of income, such as a pay stub or bank statement.
  • Be at least 18 years old and a resident of Afton, Wisconsin.
  • Have an active checking account.

Additionally, lenders may perform a credit check or check into the borrower’s financial history to determine their creditworthiness.

The Pros and Cons of Payday Loans in Afton, Wisconsin

Like any financial product, payday loans have their upsides and downsides.

Pros:

  • Instant cash – payday loans offer a quick solution for covering immediate financial needs.
  • No Credit Check – even if you have a poor credit score, you can still be approved for a payday loan.
  • Easier qualification – payday loan requirements are minimal in comparison to other loans, making it relatively accessible to people who might not have met the strict requirements for traditional loans.

Cons:

  • High-interest rates – payday loans have higher interest rates than other loan products.
  • Short term borrowing – payday loans must be repaid within a short period, which can be challenging for people with low incomes or who have incurred other debts.
  • Potential for debt cycle – payday loans are not designed to address long-term financial problems; they’re to address temporary needs. The inability to repay the loan on time can result in additional fees and high-interest rates, creating a cycle of debt for those unable to repay their loan quickly.

Facts and Statistics to Know about Wisconsin Payday Loans

Wisconsin is one of the twenty-seven states in the US that permits a payday loan. Here is some statistical information you may find interesting:

  • Wisconsin borrowers pay an average of 485% in annual percentage rates (APRs)
  • 22% of payday loan borrowers in Wisconsin used the loan to cover rent/mortgage payments or to pay their utility bills
  • On average, 12 payday loans are received by a borrower in Wisconsin within a year.

Apply Now with TheGuaranteedLoans!

TheGuaranteedLoans is a passionate service that helps connect potential borrowers to lenders in Afton, Wisconsin. As a connector service, we bring you access to preferred lenders and help you find the right lending options for your immediate financial needs. Apply now for the peace of mind you need, knowing you have access to the best lenders in Afton, Wisconsin.

Please note that we do not provide loans directly, and all loan applications are subject to approval by our lenders. We’re here to assist those looking for a valuable financial solution, helping you get back on your feet in the fastest and easiest way possible.

F.A.Q.

Are payday loans legal in Afton, Wisconsin?

Yes, payday loans are legal in Afton, Wisconsin. However, the state has imposed certain regulations on payday lenders to protect consumers from predatory lending practices. For example, Wisconsin law limits the maximum interest rate that payday lenders can charge to 28% per year.

How do I apply for a payday loan in Afton, Wisconsin?

To apply for a payday loan in Afton, Wisconsin, you will need to visit a licensed payday lender in person or apply online. You will typically need to provide proof of income, a government-issued ID, and a recent bank statement to apply for a payday loan.