Montreal at a glance
- Population: a Census-estimated 794, placing it 401st among Wisconsin's 605 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 799 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down about 0.6% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Wisconsin places: 401st largest of 605 (US Census Bureau).
- Size percentile: ahead of around 34% of Wisconsin places in population terms (US Census Bureau).
- Coordinates: 46.4332 / -90.2419, per the US Census Bureau Gazetteer.
- Nearest larger cities: Hurley, WI (2 mi); Ironwood, MI (5 mi); Bessemer, MI (10 mi); Wakefield, MI (15 mi); Ashland, WI (32 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Mellen, WI (21 mi); Butternut, WI (31 mi); Bayfield, WI (38 mi), each a US Census place.
What a personal loan costs in Montreal
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 APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Wisconsin lending rules that apply in Montreal
Read the table as the compliance picture for a lender serving Montreal: label, sourced figure, publisher and date.
| 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 Montreal
Before you share your details with a lender in Montreal:
- 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.