Registration Under the Wisconsin Consumer Act
Who Must File
Any business that makes, purchases or solicits consumer credit transactions or directly collects payments from, or enforces rights against, customers arising from such transactions, wherever made, is subject to the registration filing statutes set forth at sec. 426.201, Wis. Stats. (PDF: external link). You must file a registration and submit a $25 fee within 30 days of commencing business in Wisconsin. Future filing is required annually only if your outstanding balance of all consumer credit transactions as of December 31 is over $250,000. Businesses solely honoring credit cards issued by a third party not related to the business are not required to file. Annual registrations are due each February 28 for the previous calendar year.