- Payday loans in Sheboygan follow Wisconsin law (Wis. Stat. § 138.14).
- Wisconsin law sets no cap on payday loan fees, so prices vary widely by lender.
- 3 credit unions are headquartered in Sheboygan; ask about small-dollar loans before borrowing.
Sheboygan at a glance
| Sheboygan | |
|---|---|
| Population (2024 Census estimate) | 49,624 |
| Change since 2020 | -0.7% (holding steady) |
| County | Sheboygan County |
| Size rank among 561 Wisconsin places we cover | 13th |
| Share of Wisconsin’s population | 0.8% |
| Nearest larger city | Oshkosh (about 46 miles) |
| Credit unions headquartered in town (NCUA) | 3 |
| Credit unions headquartered in Sheboygan County | 4 |
| Other towns within 25 miles | 21 (about 83,129 residents) |
| Typical payday APR statewide (CRL 2023) | 537% |
Payday lending in Sheboygan follows Wisconsin state law. Lenders that serve Sheboygan, in a store or online, must be licensed by the Wisconsin Department of Financial Institutions.
Credit unions in Sheboygan
These credit unions have their main office in Sheboygan, according to NCUA call report data (June 2026):
- Sheboygan Area Credit Union (state charter)
- Police Credit Union (state charter)
- Kohler Credit Union (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Sheboygan
The main Wisconsin rules for a payday loan in Sheboygan: maximum loan: $1,500 or 35% of your gross monthly income, whichever is less; loan term: 90 days or less; renewals: one renewal; 24-hour cooling-off period after repaying a renewed loan. See the full Wisconsin payday loan rules.
What a $300 loan costs in Sheboygan
Wisconsin law sets no cap on payday loan fees, so prices vary widely by lender. Statewide, the typical APR on a $400 payday loan was 537% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Sheboygan County before you borrow
- Call or text 211 for help with rent, utilities and food in Sheboygan County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Sheboygan
The nearest larger city is Oshkosh, about 46 miles away. See all 561 Wisconsin cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Sheboygan?
Yes. Payday loans are legal in Sheboygan under Wisconsin state law, and lenders must be licensed by the Wisconsin Department of Financial Institutions.
How much does a payday loan cost in Sheboygan?
Wisconsin law sets no cap on payday loan fees, so prices vary widely by lender. The typical statewide APR was 537% in 2023.
Are there credit unions in Sheboygan?
Yes. NCUA data lists 3 credit unions with a main office in Sheboygan, including Sheboygan Area Credit Union and Police Credit Union.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Wisconsin DFI — Licensed financial services FAQ
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary