Personalloaned Compare rates

WI · city page

Personal loans in Prentice, WI

Borrowers in Prentice use personal loans to consolidate balances or cover a one-time cost, and the terms depend on your credit, income and existing obligations. Prentice is home to about 563 people and ranks 455th among the 605 Census places in Wisconsin. The sourced table below lists the Wisconsin rate caps and licensing rules a lender must follow on a loan made here.

By the Personalloaned Editorial Team · Last updated 2026-09-16

Compare rates Run the numbers first

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Prentice at a glance

  • Population: 563 (US Census Bureau, Vintage 2023 subcounty estimate), the 455th-largest of 605 places in Wisconsin.
  • 2020 Census base: 566 people (US Census Bureau, 2020 Census count).
  • 2020 to 2023 change: a loss of about 0.5% since the 2020 count (US Census Bureau).
  • Rank among Wisconsin places: 455th largest of 605 (US Census Bureau).
  • Size percentile: about 25% of Wisconsin's Census places are smaller (US Census Bureau).
  • Coordinates: latitude 45.5412, longitude -90.2928 (US Census Bureau Gazetteer).
  • Nearest larger cities: Phillips, WI (12 mi); Rib Lake, WI (16 mi); Medford, WI (28 mi); Park Falls, WI (28 mi); Tomahawk, WI (28 mi) — straight-line distances, US Census Bureau populations.
  • Nearest smaller towns: Catawba, WI (12 mi); Kennan, WI (14 mi); Hawkins, WI (21 mi) (US Census Bureau).

What a personal loan costs in Prentice

Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.

APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

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 Prentice

Each row below is a Wisconsin rule with its publisher and the date it was retrieved.

RuleDetailSource
State lending regulatorWisconsin 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 statusLegal 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 licensingLicensed 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 Prentice

Before you commit to a personal loan in Prentice, work through these steps:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Wisconsin using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Prentice?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Prentice are the same as elsewhere in Wisconsin.
How much can I borrow with a personal loan in Prentice?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Prentice require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Prentice hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

Related