Mount Horeb at a glance
- Population: the Census estimates 7,756 residents, ranking 124th of 605 places in Wisconsin (Vintage 2023).
- 2020 Census base: the 2020 count put the population at 7,757 (US Census Bureau).
- 2020 to 2023 change: stable between the 2020 base and the 2023 estimate (US Census Bureau).
- Rank among Wisconsin places: the 124th-largest of 605 (US Census Bureau, 2023 estimate).
- Size percentile: about 80% of places in Wisconsin are smaller (US Census Bureau).
- Coordinates: 43.0060 latitude, -89.7316 longitude (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Verona, WI (10 mi); Middleton, WI (13 mi); Fitchburg, WI (16 mi); Madison, WI (16 mi); Oregon, WI (18 mi) (US Census Bureau).
- Nearest smaller towns: Blue Mounds, WI (5 mi); Barneveld, WI (8 mi); Cross Plains, WI (9 mi) (US Census Bureau).
What a personal loan costs in Mount Horeb
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Wisconsin lending rules that apply in Mount Horeb
The Wisconsin rate caps and licensing rules that reach Mount Horeb are listed below, each with its source and retrieval date.
| 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 Mount Horeb
Here is a short checklist for comparing personal loans in Mount Horeb:
- 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.