Cornell at a glance
- Population: roughly 1,413 people; 314th of 605 places in Wisconsin (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,458 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: a loss of about 3.1% since the 2020 count (US Census Bureau).
- Rank among Wisconsin places: the 314th-largest of 605 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 48% of Wisconsin's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 45.1638, -91.1504.
- Nearest larger cities: Cadott, WI (15 mi); Bloomer, WI (17 mi); Stanley, WI (17 mi); Chippewa Falls, WI (20 mi); Ladysmith, WI (21 mi); US Census Bureau population estimates.
- Nearest smaller towns: Sheldon, WI (14 mi); Boyd, WI (16 mi); Conrath, WI (16 mi) (US Census Bureau).
What a personal loan costs in Cornell
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Wisconsin lending rules that apply in Cornell
The sourced rows below are the rules a licensed lender must follow when lending in Wisconsin, and therefore in Cornell.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 12% per year maximum ($12 per $100) on the declining principal balance, except as authorized by other statutes (Wis. Stat. § 138.05(1)(a)) Source says: At the rate of $12 upon $100 for one year computed upon the declining principal balance of the loan or forbearance | Wisconsin State Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed by the DFI Division of Banking; statewide database tracking (Wis. Stat. § 138.14) Source says: "Licensee" means a person holding a license issued by the division under sub. (5) | Wisconsin State Legislature as of 2026-09-16 |
| Small-loan / installment lender licensing | Licensed lender license required from the Division of Banking (Wis. Stat. § 138.09) Source says: Before any person may do business under this section, that person shall first obtain a license from the division. | Wisconsin State Legislature as of 2026-09-16 |
| State lending regulator | Wisconsin Department of Financial Institutions (DFI), Division of Banking Source says: "Department" means the department of financial institutions | Wisconsin State Legislature as of 2026-09-16 |
How to compare offers in Cornell
Before you commit to a personal loan in Cornell, work through these steps:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Wisconsin using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.