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Personal loans in Random Lake, WI

For residents of Random Lake, a personal loan is a lump sum with a fixed repayment schedule, and its cost reflects your credit, income and debt-to-income picture. At about 1,574 residents, Random Lake is the 293rd-largest of the 605 Census places in Wisconsin. Wisconsin sets the rate caps and licensing rules a lender must follow here, and the sourced table below lists them.

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

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Random Lake at a glance

  • Population: 1,574 residents, the 293rd-largest of 605 places in Wisconsin (US Census Bureau, Vintage 2023).
  • 2020 Census base: 1,560 residents in the 2020 Census, per the US Census Bureau.
  • 2020 to 2023 change: roughly 0.9% higher than at the 2020 Census (US Census Bureau).
  • Rank among Wisconsin places: 293rd out of 605 Census places (US Census Bureau).
  • Size percentile: roughly 52% of places in Wisconsin rank below it by population (US Census Bureau).
  • Coordinates: 43.5547 latitude, -87.9578 longitude (US Census Bureau Gazetteer).
  • Nearest larger cities: Fredonia, WI (6 mi); Belgium, WI (7 mi); Cedar Grove, WI (7 mi); Oostburg, WI (10 mi); Saukville, WI (11 mi); each population is a US Census Bureau estimate.
  • Nearest smaller towns: Adell, WI (5 mi); Cascade, WI (8 mi); Waldo, WI (8 mi) — US Census Bureau populations.

What a personal loan costs in Random Lake

The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.

APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the 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.

Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.

Wisconsin lending rules that apply in Random Lake

Where a figure is not published by the state, the row points to the source instead of guessing.

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 Random Lake

These steps are the ones that most affect the offer you receive in Random Lake:

  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 Random Lake?
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 Random Lake are the same as elsewhere in Wisconsin.
How much can I borrow with a personal loan in Random Lake?
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 Random Lake 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 Random Lake 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

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