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Bill

SB 759

Relating to: interest rates on consumer loans and activities of consumer lenders regulated by the Department of Financial Institutions. (FE)

2025-2026 Regular Session Introduced by Rachael Cabral-Guevara and 1 co-sponsor

Wisconsin bill modifying consumer loan interest rates and lender regulations that failed passage in March 2026 after bipartisan introduction.

Failed to pass pursuant to Senate Joint Resolution 1
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Bill Summary · SB 759

Legislative bill overview

SB 759 would modify Wisconsin's consumer lending regulations, specifically addressing interest rates and regulatory activities overseen by the Department of Financial Institutions. The bill was introduced in December 2025 with bipartisan support but failed to advance in March 2026.

Why is this important

Consumer lending regulations directly affect borrowing costs and accessibility of credit for Wisconsin residents. Changes to interest rate caps or lending practices can impact everything from payday loans to personal credit lines, influencing household finances and financial inclusion across the state.

Potential points of contention

  • Interest rate cap levels: Whether proposed rate changes would improve consumer access to credit or potentially harm vulnerable borrowers by allowing higher fees
  • Regulatory burden: Debate over whether modifications reduce compliance costs for lenders or weaken consumer protections
  • Stakeholder alignment: Disagreement between consumer advocacy groups and lending industry over appropriate regulatory framework balancing

Compiled from official sources — confirm details with the bill’s official record.

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