Park Falls at a glance
- Population: 2,369 (US Census Bureau, Vintage 2023 subcounty estimate), the 240th-largest of 605 places in Wisconsin.
- 2020 Census base: 2,409 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down about 1.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Wisconsin places: 240th largest of 605 (US Census Bureau).
- Size percentile: about 60% of Wisconsin's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 45.9363, -90.4443 in the US Census Bureau Gazetteer.
- Nearest larger cities: Ironwood, MI (38 mi); Ladysmith, WI (46 mi); Tomahawk, WI (47 mi); Ashland, WI (49 mi); Hayward, WI (50 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Butternut, WI (6 mi); Phillips, WI (17 mi); Catawba, WI (28 mi) (US Census Bureau).
What a personal loan costs in Park Falls
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Park Falls
The table carries the Wisconsin rate and licensing rules that apply to consumer loans made in Park Falls.
| 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 Park Falls
A few practical steps will make the process in Park Falls less costly:
- 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.