Mondovi at a glance
- Population: 2,848 (US Census Bureau, Vintage 2023 subcounty estimate), the 219th-largest of 605 places in Wisconsin.
- 2020 Census base: 2,843 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 0.2% growth over the 2020 Census base (US Census Bureau).
- Rank among Wisconsin places: the 219th-largest of 605 (US Census Bureau, 2023 estimate).
- Size percentile: about 64% of places in Wisconsin are smaller (US Census Bureau).
- Coordinates: 44.5703 latitude, -91.6669 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Eau Claire, WI (19 mi); Altoona, WI (19 mi); Arcadia, WI (24 mi); Menomonie, WI (25 mi); Lake Hallie, WI (25 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Eleva, WI (10 mi); Strum, WI (14 mi); Durand, WI (15 mi) (Census populations).
What a personal loan costs in Mondovi
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Wisconsin lending rules that apply in Mondovi
Read the table as the compliance picture for a lender serving Mondovi: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mondovi
Before you share your details with a lender in Mondovi:
- 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.