Wisconsin
For Wisconsin, statute citation is Wis. Stat. Ch. 203 (2023 Act 131); product classification is distinct licensed product category; Wisconsin Consumer Act provisions (ss. 422.201 to 422.310 and ch. 427) do not apply to services provided by a licensee (s. 203.09); licensing requirement is license required from the Division of Banking; free option required is yes — offer to the consumer at least one reasonable option to obtain proceeds at no cost to the consumer (s. 203.04(1)(b)); late fees prohibited is yes — a provider may not charge a late fee, deferral fee, interest, or any other penalty or charge for failure to pay outstanding proceeds (s. 203.04(2)(d)), recorded from its source on 2026-08-18.
- state
- Wisconsin verified
- statute citation
- Wis. Stat. Ch. 203 (2023 Act 131) our reading
- product classification
- distinct licensed product category; Wisconsin Consumer Act provisions (ss. 422.201 to 422.310 and ch. 427) do not apply to services provided by a licensee (s. 203.09) verified
- licensing requirement
- license required from the Division of Banking verified
- free option required
- yes — offer to the consumer at least one reasonable option to obtain proceeds at no cost to the consumer (s. 203.04(1)(b)) verified
- late fees prohibited
- yes — a provider may not charge a late fee, deferral fee, interest, or any other penalty or charge for failure to pay outstanding proceeds (s. 203.04(2)(d)) verified
- collection limits
- provider may not compel payment through a suit or use of a 3rd party to pursue collection, and may not report to a consumer reporting agency or debt collector (s. 203.04(2)(e)-(f)) verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
a provider, including a provider that is not physically located in this state, may not provide earned wage access services in this state unless the provider has been issued a license by the division.
— docs.legis.wisconsin.gov, retrieved 2026-08-18
Source
- docs.legis.wisconsin.govhttps://docs.legis.wisconsin.gov/statutes/statutes/203