Pawnbroker License
Required for businesses making loans secured by personal property (pawn transactions) in Wisconsin.
Verified 2026-02-15Issued by WI DSPS
Initial Fee
$300
First-time application
Renewal Fee
$300
Every Annually
Renewal Period
Annually
License validity
CE Hours Required
None
No continuing education required
How to Get a Pawnbroker License in Wisconsin
RequirementsVerified 2026-02-15
| Issuing Body | WI DSPS |
| Initial Fee | $300 |
| Exam Required | No |
| Experience Required | Must demonstrate financial responsibility and pass background check |
License Lookup & Verification
Verify a pawnbroker license holder's credentials through the Wisconsin DSPS online license lookup tool.
Verify a License →Frequently Asked Questions — Pawnbroker License
What regulations apply to pawnshops?
Regulated by DSPS under Wis. Stat. 138.10, covering interest rates (3% per month), holding periods, record-keeping, and reporting.
Do pawnshops need a municipal license too?
Yes. Most municipalities require a separate local pawnbroker or secondhand dealer license.
How much can a pawnshop charge in interest?
Wisconsin limits pawn loan interest to 3% per month (36% annually), separate from storage fees.
For Licensed Professionals
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