Wisconsin Finance Licensing
Licenses are typically required for individuals and businesses that provide finance industry services in the United States. This guide contains information about professional finance licensing in Wisconsin.
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- Wisconsin Financial Services Company Licenses
- Wisconsin Individual Financial Services Licenses
Company Licenses
Wisconsin Financial Services Company Licenses
Wisconsin Adjustment Service Company Branch License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $200 application fee + $200 license/registration fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $200 |
| Due: | Annually by December 10. |
Wisconsin Adjustment Service Company License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $200 application fee + $200 license/registration fee + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $200 |
| Due: | Annually by December 10. |
Wisconsin Adjustment Service Company Registration (Main Office - No Activity)
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $0 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | Annually by December 10. |
Wisconsin Collection Agency License
Initial Registration
| Form: | |
| Agency Fee: | $1,000 investigation fee + $200 license fee + an additional fee for each solicitor and a $15 license fee for each solicitor working outside of the office. |
| Notarization Required?: | Required |
Registration Renewal
| Agency Fee: | $200 + $15 license fee for each solicitor working outside of the office. |
| Due: | Annually by June 1. |
| Notes: | Renewal applications are sent to licensees about one month prior to expiration. |
Supplemental Reporting
Annual Report
| Agency Fee: | $0 |
| Due: | Annually by March 15. |
| Notes: | Contact the division for a form. |
Wisconsin Exempt Mortgage Company Branch Registration
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $370 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $350 |
| Due: |
|
Wisconsin Exempt Mortgage Company Registration
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $1,100 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $1,000 |
| Due: |
|
Wisconsin Loan Company Branch License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $300 application fee + $500 license/registration fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $500 |
| Due: | Annually by December 10. |
Wisconsin Loan Company License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 + $300 application fee + $500 license/registration fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $500 |
| Due: | Annually by December 10. |
Wisconsin Loan Company Registration (Main Office-No Activity)
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | Annually by December 10. |
Wisconsin Mortgage Banker Branch License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $370 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $350 |
| Due: |
|
Wisconsin Mortgage Banker License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $1,100 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $1,000 |
| Due: |
|
Wisconsin Mortgage Broker Branch License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $370 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $350 |
| Due: |
|
Wisconsin Mortgage Broker License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $850 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $750 |
| Due: |
|
Wisconsin Payday Lender Branch License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $300 application fee + $500 license/registration fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $500 |
| Due: | Annually by December 10. |
Wisconsin Payday Lender License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $300 application fee + $500 license/registration fee + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $500 |
| Due: | Annually by December 10. |
Wisconsin Payday Lender Registration (Main Office-No Activity)
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | Annually by December 10. |
Wisconsin Sales Finance Company License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $300 application fee + $50 license/registration fee + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | The annual license fee is based on the gross volume of purchases of retail installment contracts and consumer leases of motor vehicles sold or leased in Wisconsin from Nov. 1 to Oct. 31 of each year. The fee is $50 for the first $100,000 and an additional $15 for each additional $100,000 or part thereof over $100,000. If the volume exceeds $100,000 an invoice will be created for the balance of the license fee over $50. |
| Due: | Licenses expire on December 31 of each year. Licensees are recommeded to renew by November 1. |
Wisconsin Sales Finance Company License (Depository Institution)
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $300 application fee + $50 license/registration fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | The annual license fee is based on the gross volume of purchases of retail installment contracts and consumer leases of motor vehicles sold or leased in Wisconsin from Nov. 1 to Oct. 31 of each year. The fee is $50 for the first $100,000 and an additional $15 for each additional $100,000 or part thereof over $100,000. If the volume exceeds $100,000 an invoice will be created for the balance of the license fee over $50. |
| Due: | Licenses expire on December 31 of each year. Licensees are recommeded to renew by November 1. |
Wisconsin Seller of Checks License
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $500 license fee + $300 investigation fee + $5 fee per additional location + $15 credit report fee + $36.25 background check fee + $0.25 fee per agent per year |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $400 renewal fee + $100 NMLS fee + $5 for each location and/or authorized agent active as of November 14 |
| Due: | Licenses expire on December 1 of each year. Licensees are recommeded to renew by November 1. |
Individual Licenses
Wisconsin Individual Financial Services Licenses
Wisconsin Mortgage Loan Originator License
| Agency: | Wisconsin Department of Financial Institutions (DFI) - Division of Banking - Licensed Financial Services Section |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $40 + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $250 |
| Due: |
|
Wisconsin Mortgage Loan Originator License (Wisconsin Resident Veteran only)
| Agency: | Wisconsin Department of Financial Institutions (DFI) - Division of Banking - Licensed Financial Services Section |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $280 + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $250 |
| Due: |
|
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