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#49931 - 12/19/02 07:48 PM Refunding Fees
D2Xs Offline
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D2Xs
Joined: Jan 2002
Posts: 2,706
When a customer repays a loan early are they entitle to a possible refund of fees in Wisconsin?

I'm having difficulty finding it on the web.

Thanks
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#49932 - 12/20/02 05:05 PM Re: Refunding Fees
Kara S Offline
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Joined: Oct 2002
Posts: 927
Milwaukee, WI
Go to Wisconsin Department of Financial Institutions:

www.wdfi.org

I'm not sure if this will help you find the answer to the question. But I believe there is a phone number that you can call in order to find out.

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#49933 - 12/20/02 10:14 PM Re: Refunding Fees
Peepers Offline
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Joined: Jul 2002
Posts: 13,994
Try one of these two numbers. We just completed a WI led safety / soundness exam and these were two people I called to clear up some issues.

Paul Agete (not sure of the spelling) 608-267-3518, he's with WI Consumer Act Division.

Tim Sins 608-267-6830. He should be able to direct you to someone else if he can't answer your question.
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#49934 - 12/20/02 10:28 PM Re: Refunding Fees
Peepers Offline
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Joined: Jul 2002
Posts: 13,994
Also, you may want to look at www.legis.state.wi.us/rsb/stats.html. Click on 2001-02 WI Statutes & Annotations (FOLIO). Look through chapters 421-427, this is Wisconsin's Consumer Act. Sorry I don't have the exact chapter for you, but this should help you get started.
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