Melvina at a glance
- Population: 93 (US Census Bureau, Vintage 2023 subcounty estimate), the 599th-largest of 605 places in Wisconsin.
- 2020 Census base: the 2020 Census recorded 92 residents here (US Census Bureau).
- 2020 to 2023 change: about 1.1% growth over the 2020 Census base (US Census Bureau).
- Rank among Wisconsin places: the 599th-largest of 605 (US Census Bureau, 2023 estimate).
- Size percentile: it is larger than about 1% of the places in Wisconsin (US Census Bureau).
- Coordinates: it sits at 43.8024, -90.7815 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Cashton, WI (4 mi); Norwalk, WI (8 mi); Sparta, WI (10 mi); Rockland, WI (10 mi); Ontario, WI (11 mi) (US Census Bureau).
- Nearest smaller places: Yuba, WI (26 mi); Whalan, MN (57 mi); Clayton, IA (65 mi) (US Census Bureau estimates).
What a personal loan costs in Melvina
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Wisconsin lending rules that apply in Melvina
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Melvina
Here is a short checklist for comparing personal loans in Melvina:
- 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.