Hillsboro at a glance
- Population: 1,420 (US Census Bureau, Vintage 2023 subcounty estimate), the 313th-largest of 605 places in Wisconsin.
- 2020 Census base: 1,399 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: up roughly 1.5% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Wisconsin places: 313th by size among 605 communities (US Census Bureau).
- Size percentile: it is larger than about 48% of the places in Wisconsin (US Census Bureau).
- Coordinates: 43.6565 / -90.3344, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Mauston, WI (16 mi); New Lisbon, WI (17 mi); Reedsburg, WI (19 mi); Richland Center, WI (22 mi); Tomah, WI (24 mi) (US Census Bureau).
- Nearest smaller communities: Union Center, WI (4 mi); Wonewoc, WI (6 mi); Elroy, WI (7 mi), each a US Census place.
What a personal loan costs in Hillsboro
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Wisconsin lending rules that apply in Hillsboro
The table lists the Wisconsin rules that apply to a loan made in Hillsboro, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Licensed lender license required from the Division of Banking (Wis. Stat. § 138.09) Source says: Before any person may do business under this section, that person shall first obtain a license from the division. | Wisconsin State Legislature as of 2026-09-16 |
| State lending regulator | Wisconsin Department of Financial Institutions (DFI), Division of Banking Source says: "Department" means the department of financial institutions | Wisconsin State Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per year maximum ($12 per $100) on the declining principal balance, except as authorized by other statutes (Wis. Stat. § 138.05(1)(a)) Source says: At the rate of $12 upon $100 for one year computed upon the declining principal balance of the loan or forbearance | Wisconsin State Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed by the DFI Division of Banking; statewide database tracking (Wis. Stat. § 138.14) Source says: "Licensee" means a person holding a license issued by the division under sub. (5) | Wisconsin State Legislature as of 2026-09-16 |
How to compare offers in Hillsboro
The order below is a sensible way to approach a loan in Hillsboro:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Wisconsin using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.