Solon Springs at a glance
- Population: a Census-estimated 670, placing it 433rd among Wisconsin's 605 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 665 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: an increase of about 0.8% since the 2020 count (US Census Bureau).
- Rank among Wisconsin places: 433rd of 605 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 28% of Wisconsin's Census places are smaller (US Census Bureau).
- Coordinates: latitude 46.3478, longitude -91.8294 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Lake Nebagamon, WI (12 mi); Superior, WI (25 mi); Superior, WI (27 mi); Hayward, WI (29 mi); Duluth, MN (33 mi) (US Census Bureau).
- Nearest smaller towns: Poplar, WI (16 mi); Minong, WI (17 mi); Oliver, WI (27 mi) (US Census Bureau).
What a personal loan costs in Solon Springs
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Wisconsin lending rules that apply in Solon Springs
Read the table as the compliance picture for a lender serving Solon Springs: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Solon Springs
Before you commit to a personal loan in Solon Springs, work through these steps:
- 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.