# Wisconsin — State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements

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: appears in the quote below)_
- **statute citation:** Wis. Stat. Ch. 203 (2023 Act 131) _(our reading, not quoted from the source)_
- **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)
- **licensing requirement:** license required from the Division of Banking
- **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))
- **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))
- **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))

## 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.

## Source

- https://docs.legis.wisconsin.gov/statutes/statutes/203

Last verified: 2026-08-18. Review by: 2027-02-14.
Part of [State Earned Wage Access (EWA) Regulatory Frameworks — Classification, Fee Caps, and Licensing Requirements](https://referencesource.org/state-earned-wage-access-regulations/).