Lake Nebagamon at a glance
- Population: roughly 1,133 people; 346th of 605 places in Wisconsin (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,128 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: up about 0.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Wisconsin places: the 346th-largest of 605 (US Census Bureau, 2023 estimate).
- Size percentile: about 43% of places in Wisconsin are smaller (US Census Bureau).
- Coordinates: 46.4977 / -91.7044, per the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Superior, WI (22 mi); Duluth, MN (28 mi); Proctor, MN (30 mi); Hermantown, MN (33 mi); Rice Lake, MN (35 mi) (US Census Bureau populations).
- Nearest smaller communities: Poplar, WI (7 mi); Solon Springs, WI (12 mi); Superior, WI (22 mi) (Census populations).
What a personal loan costs in Lake Nebagamon
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Wisconsin lending rules that apply in Lake Nebagamon
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Lake Nebagamon
The steps below are worth completing first when you borrow in Lake Nebagamon:
- 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.