Personal loans in Sherwood, WI

Sherwood lost roughly 1.6% of its population across the 2020-to-2023 comparison. At about 3,222 residents, Sherwood is larger than roughly 66% of the places in Wisconsin.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

With roughly 3,222 residents, Sherwood is a small community, and the lending rules its borrowers live under are written in Wisconsin, not by the city. Price two or three terms so you can see which payment is truly affordable in Sherwood. A lender that serves Sherwood operates under Wisconsin lending statutes and a Wisconsin supervisor. Borrowers who want a bigger city can look to Harrison, WI about 1 miles away.

The Sherwood data picture

What follows is Sherwood's place in the Census record, alongside the Wisconsin rules that govern a personal loan made here.

Lender access in Sherwood

Sherwood is a moderately settled community of about 3,222 people, with 44 larger places inside a 50-mile radius. A Wisconsin licence lets a lender serve Sherwood without a local office, so branch density does not change what its 3,222 residents are offered. For a larger market, the closest option is Harrison, WI about 1 miles away.

The anatomy of a Sherwood personal loan

A Sherwood personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 3,222 residents. Two numbers drive a Sherwood loan: the APR, which includes fees, and the term, which decides how long you keep paying. Because the payment is fixed, the total cost of a Sherwood loan is knowable in advance — unlike a revolving card balance.

Sherwood: area, density and distance

Sherwood covers about 3.5 square miles of land, with 0.06 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 931 residents per square mile. The state's population centre of gravity, Milwaukee, is roughly 78 miles away. Sherwood has 44 larger places within a 50-mile radius. Within the same 50 miles lie 63 smaller Census places.

The Wisconsin lending rules that reach Sherwood

Every row below records a Wisconsin rule, its publisher and its retrieval date — the same rules a Sherwood lender must follow.

RuleDetailSource
State lending regulatorWisconsin 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
Payday lending statusLegal 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 licensingLicensed 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 Sherwood compares across Wisconsin

Against Wisconsin's other places, Sherwood accounts for about 0.1% of the state's population and ranks 203rd of 605 by size. For population change between 2020 and 2023, Sherwood ranks 466th of 605 in Wisconsin (about the 23th percentile). Its roughly 931 residents per square mile place it 246th among Wisconsin's places. By land area, its 3.5 square miles rank 202nd of 605 places in Wisconsin.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Sherwood if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Sherwood is the same as anywhere in Wisconsin.
What loan size can I expect in Sherwood?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Sherwood?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Sherwood cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

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