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Personal loans in Fredonia, WI

In Fredonia, a personal loan gives you a lump sum repaid over a set term, with the lender setting your APR from your credit, income and debts. Fredonia has a Census-estimated population of 2,284, ranking 246th among the 605 Census places in Wisconsin. Wisconsin sets the rate caps and licensing rules a lender must follow here, and the sourced table below lists them.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Fredonia at a glance

  • Population: 2,284 — 246th in Wisconsin, which has 605 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: 2,278 residents at the 2020 Census (US Census Bureau, 2020 count).
  • 2020 to 2023 change: about 0.3% growth over the 2020 Census base (US Census Bureau).
  • Rank among Wisconsin places: 246th out of 605 Census places (US Census Bureau).
  • Size percentile: it is larger than about 59% of the places in Wisconsin (US Census Bureau).
  • Coordinates: 43.4717, -87.9471 (US Census Bureau Gazetteer).
  • Nearest larger cities (120-mile radius): Belgium, WI (5 mi); Saukville, WI (6 mi); Port Washington, WI (7 mi); Grafton, WI (10 mi); Cedarburg, WI (12 mi) (US Census Bureau).
  • Nearest smaller communities: Newburg, WI (6 mi); Random Lake, WI (6 mi); Cedar Grove, WI (9 mi) (Census populations).

What a personal loan costs in Fredonia

The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.

APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.

Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.

Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.

Wisconsin lending rules that apply in Fredonia

Read the table as the compliance picture for a lender serving Fredonia: label, sourced figure, publisher and date.

RuleDetailSource
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 statusLegal 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 licensingLicensed 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 regulatorWisconsin 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 Fredonia

Before you commit to a personal loan in Fredonia, work through these steps:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Wisconsin using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Fredonia?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Fredonia are the same as elsewhere in Wisconsin.
How much can I borrow with a personal loan in Fredonia?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Fredonia require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Fredonia hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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