Online Installment Loan in Milwaukee

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Online Installment Loans in Milwaukee

Have you just been hit by an unexpected expense that you can’t afford? MoneyKey is here to help. With our Installment Loans in Milwaukee and throughout Wisconsin, you may qualify for a cash advance between $150 to $1,000 that may help you get through an unforeseen emergency expense.

Pay off your personal Installment Loan in 10 or 20 scheduled installments, depending on whether you are paid monthly, semi-monthly, bi-weekly or weekly. Read our article about the benefits of installment loans and when they may be an effective solution for a short-term financial emergency, before you make the decision to apply for one.

With MoneyKey, the application process for Installment Loans in Milwaukee is easy. It’ll only take you a few minutes to complete, and if you’re approved, you’ll have the cash you need as soon as the next business day*.


Details of Our Installment Loans in Milwaukee, Wisconsin

In a state that is the nation’s leading producer of cheese, it’s no wonder that common jobs held by Milwaukee residents fall into the category of cooks and food preparation workers. In 2018, 19,884 residents held one of these positions. But these jobs don’t always pay the highest wages. In Milwaukee, food preparation & serving related occupations had the lowest median income of any group of workers, with average earnings of $16,481 per year. This may make it tough to build up the savings to handle an unexpected bill or repair.

A Wisconsin Installment Loan may be able to help if you’re faced with an emergency expense and don’t have the cash to handle it!

Apply Now or call us at 1-866-255-1668 for more information. MoneyKey also offers Installment Loans in other Wisconsin cities.

Loan Amount of our Installment Loan in Milwaukee

For Installment Loans in Milwaukee, the amount you can borrow will range between $150 and $1,000. After reviewing your application, we will let you know if you qualify for the cash advance and the total amount you may be eligible to receive. If approved, your funds may be deposited as early as the next business day.

Annual Percentage Rate (APR) or Interest Rates

  • Interest will be charged on your MoneyKey Wisconsin Installment Loan, with a maximum APR of 505%
  • The exact APR, repayment amount and payment schedule will vary depending on specific details of your loan, which can be found in your loan agreement
  • This loan is an expensive form of credit and is not meant to meet long-term financial needs
  • MoneyKey advises you to use this product responsibly

Payment Schedule and Length of Loan

  • The term for your Milwaukee Installment Loan will be approximately 10 months
  • If you’re paid weekly, bi-weekly, or semi-monthly, your loan will be payable in 20 installments
  • If you’re paid monthly, your loan will be payable in 10 installments

Example of Installment Loans in Milwaukee

In this example, the APR is 479.71% for a loan of $500 with an effective date of 01/02/2018. This is based on a loan payable in 20 bi-weekly installments.

 Annual Percentage RateFinance ChargeAmount FinancedTotal of Payments
 
The cost of your credit as a yearly rate

479.71%

The dollar amount the credit will cost you

$1,485.47

The amount of credit provided to you on your behalf

$500.00

The amount you will have paid after you have made all payments as scheduled

$1,985.47

Payment Schedule

Payment AmountPayment Date
01/19/2018$99.26
02/02/2018$99.25

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In this example, the APR is 476.62% for a loan of $500 with an effective date of 01/02/2018. This is based on a loan payable in 10 monthly installments.

 Annual Percentage RateFinance ChargeAmount FinancedTotal of Payments
 
The cost of your credit as a yearly rate

476.62%

The dollar amount the credit will cost you

$1,296.67

The amount of credit provided to you on your behalf.

$500.00

The amount you will have paid after you have made all payments as scheduled

$1,796.67

Payment Schedule

Payment DatePayment Amount
01/17/2018$179.58
02/21/2018$179.58

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Installment Loans in Milwaukee are not Intended to Meet Long-Term Financial Needs

Short term loans, such as installment loans, are not intended to meet long-term financial needs. Installment loans offered by MoneyKey in Milwaukee should only be used to meet short-term emergency cash needs. An installment loan may serve as a viable financial solution when facing unexpected, emergency expenses, such as immediate car repairs that must be made to help you travel to and from work and home repairs, like replacing leaky pipes.

State Licensed Direct Lender

MoneyKey is a state-licensed direct lender in Wisconsin. Loans are funded by MoneyKey – WI, Inc. and governed by all applicable laws.

Frequently Asked Questions

  • What are the minimum requirements for an Installment Loan in Milwaukee, Wisconsin?

    In order to qualify for a MoneyKey Installment Loan in Milwaukee, borrowers must:

    • Be at least 18 years old
    • Be a US citizen or a permanent resident
    • Be a resident of Wisconsin
    • Have an active bank account
    • Have a regular source of income
    • Have a valid contact number and an active email address

    MoneyKey does not currently offer credit products with rates that allow us to lend to covered members of the U.S. armed forces and their dependents.

  • Can I qualify for a Milwaukee Installment Loan with a bad credit score?

    Yes, you may qualify for an Installment Loan with MoneyKey, even if you have a bad credit score.

  • How long will I have to wait if I’m approved for an Installment Loan in Milwaukee?

    If approved, your funds may be deposited into your bank account as soon as the next business day.

  • Do I need to make an appointment if I want to apply for an online installment loan with MoneyKey?

    You won’t need an appointment to apply for your online loan. Just click here to begin the application process. The application process is simple and may take only a few minutes to complete.

For more information, feel free to contact our Customer Care team at 1-866-255-1668. You can also find more information about us and our products and services by visiting our general FAQ page.

We’ve helped over 400,000+ customers.Let us help you!

Not all applications are approved; duration of approval process may vary. Credit limits/loan amounts are subject to further verification criteria. If you are a returning customer, loan amounts may vary.

*If approved, any requested funds will typically be deposited into your bank account by the next business day (or the same business day depending on the credit product). Timing of funding varies by product and state. The date and time funds are made available to you by your bank are subject to your bank's policies. For specific funding cut-off times, click here.

**You may request a draw from your Line of Credit at any time, so long as you have available credit and your account is in good standing. In the State of South Carolina, you can withdraw the total credit available to you all at once, or in smaller amounts over time as you need it, with a required minimum draw of $610.

Applications submitted on this website may be originated by one of several lenders, including: CC Flow, a division of Capital Community Bank, a Utah Chartered bank, located in Provo, Utah, Member FDIC. CC Flow will be responsible for underwriting, approving and funding the CC Flow Line of Credit. The CC Flow Line of Credit is available through MoneyKey.

Product availability varies by state. To see loan products offered in your state of residence, please visit our Rates and Terms page.

MoneyKey – TX, Inc. is licensed as a Credit Access Business (CAB), License No. 16641-62815, by the Office of the Consumer Credit Commissioner and registered as a Credit Services Organization (CSO), Registration No. 20110150, by the State of Texas. All loans for which MoneyKey acts as a CSO/CAB are funded by an unaffiliated third-party lender and serviced by MoneyKey. In the State of California, MoneyKey – CA, Inc. is licensed by the Department of Business Oversight pursuant to California Deferred Deposit Transaction Law License No.1004516.

Reviews and any ratings referenced are based on TrustPilot reviews. Images are for illustrative purposes only. Reviews reflect individuals’ opinions and may not be illustrative of all individual experiences with MoneyKey.

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