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Compare your loan options in Madison, Wisconsin

Here's what you should know before you apply for a payday loan in Madison, Wisconsin.


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If you have less-than-perfect credit and find yourself in a financial emergency, you might be looking for an alternative to a traditional bank loan. A payday loan could get you through a rough patch, but you’ll need to understand how they work before you apply. If you’re thinking about applying for one, take some time to read our guide.

What do I need to know about payday loans in Madison?

Payday lenders have to abide by the Wisconsin statutes that regulate the industry whether they offer loan in-store or online. You can borrow the lesser of $1,500 or 35% of your gross monthly income for a period of 90 days or less. Wisconsin doesn’t limit the amount you have out at once provided it totals less than the maximum amount, and there is no limit on how much a lender can charge you in interest.

Before you borrow, read up on all of Wisconsin’s laws

Online lenders offering payday loans in Wisconsin

Data indicated here is updated regularly
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
OppLoans Installment Loans
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
CreditLend connection service
Varies by lender
Regular source of income, checking account, not currently involved in bankruptcy or bankruptcy relief
Find a line of credit — even if you don't have a perfect score.
 Check Into Cash Installment Loans
1 to 2 business days
Bank account, email address, phone number, US citizen or permanent resident, ages 21+, $3,500 minimum income in California
Borrow money with lower payments and more time to pay than a traditional payday loan.
Fast5kLoans Short-term Loans Connection Service
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
Possible Finance Mobile Installment Loans
As fast as 1 business day
Checking account with 3+ months of banking history, $750+ monthly income, live in eligible state, ages 18+
Borrow up to $500 with just a few swipes — but only for residents of 5 states.
Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.
With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
CashNetUSA Loan
Varies by state
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.

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What to consider before applying for a payday loan in Madison

  • Long loan terms. You have up to 90 days to repay your loan. If your lender offers you less, try and negotiate a longer term so you have more time to repay and are less likely to need to roll over your loan or go on a payment plan.
  • You can roll over your loan. If you can’t make the payment deadline set by your lender, you can roll over your loan once. This will likely incur extra fees, but it will give you more time to pay off your debt.
  • Payment plans available. Once every 12 months, you are able to request a payment plan. This breaks the remaining loan balance into four equal chunks that you pay over installments, making it easier to handle large amounts of debt.

Luke's unexpected travel expenses

Luke had to travel out of town, but since he’d already paid all his bills and wasn’t going to get his paycheck for another two weeks, he decided to opt for a payday loan. Luke only needed $250 for his travel expenses so he visited a local store and applied with the help of a lender. After filling out the application, Luke was approved.

He read over the loan contract and found that he would need to pay $62.50 in fees, bringing his total up to $312.50. Luke left a check for the total amount. It was cashed on the due date two weeks later and went through without a problem so Luke didn’t have to pay the $15 non-sufficient funds (NSF) fee.

Ready to apply for a payday loan in Madison?

If you want to apply for a payday loan, you’ll need to have a regular source of income, be at least 18 years old and be a citzen or permanent resident of the US.

Once you’re ready to fill out the application, be prepared to submit some personal information. This includes your Social Security number, your date of birth and information about your employment. This is so lenders can confirm your identity when they issue you a loan.

There are options besides payday loans if you aren’t ready for a loan

Payday loan stores in Madison, Wisconsin

Where you can get a payday loan around Madison

  • Advance America. 2616 E Washington Ave, Madison, WI 53704, USA
  • Advance America. 2831 Parmenter St Ste. #165, Middleton, WI 53562, USA
  • Cash Store. 1111 N Sherman Ave, Madison, WI 53704, USA
  • Cash Store. 1515 Madison Ave, Fort Atkinson, WI 53538, USA
  • Cash Store. 2083 McCoy Rd, Sun Prairie, WI 53590, USA
  • Cash Store. 2401 W Broadway, Monona, WI 53713, USA
  • Check Advance. 2372 Jackson St, Stoughton, WI 53589, USA
  • Check Into Cash. 3046 Fish Hatchery Rd Suite A, Fitchburg, WI 53713, USA
  • Check ‘N Go. 2103 Zeier Rd, Madison, WI 53704, USA
  • Check ‘N Go. 512 Grand Canyon Dr, Madison, WI 53719, USA
  • Citizens Finance. 1765 Thierer Rd, Madison, WI 53704, USA
  • Loanmax Title Loans. 3066 E Washington Ave, Madison, WI 53704, USA
  • National Quik Cash. 2925 E Washington Ave, Madison, WI 53704, USA
  • PLS Check Cashing & Transportation Services. 1907 S Park St, Madison, WI 53713, USA
  • PLS Check Cashing & Transportation Services. 2722 E Washington Ave, Madison, WI 53704, USA
  • Rehabilitation Loans. 215 Martin Luther King Jr Blvd, Madison, WI 53703, USA
  • Wisconsin Auto Title Loans, Inc. 3059 E Washington Ave, Madison, WI 53704, USA

How much will a payday loan cost me?

How much a loan ends up costing depends on how much you borrow and what the terms of the loan contract are. Because Wisconsin sets the limit you can borrow at either $1,500 or 35% of your gross monthly income, total loan costs vary from person to person. In addition to these variables, Wisconsin doesn’t set a limit on how much a lender can charge you in financing fees and interest. This means one lender could charge 10% and another could charge 25%.

Because so much of the cost is dependent on the person getting the loan, the best way to know how much a loan will cost is to read your loan contract carefully. If you don’t like what you’re offered, compare other lenders to find a deal better suited to your needs and income.

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