WI · SERVICE-AGMT · Updated July 2026 · Free
Wisconsin Service Agreement
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Wisconsin at a glance: Default Interest: 5% per year (Wis. Stat. § 138.04) · Governing Law: Wisconsin Statutes Chapter 138
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Overview
Service Agreements in Wisconsin
Wisconsin service agreements are governed by Chapter 138 of the Wisconsin Statutes. Late fees must comply with the 5% statutory cap unless written (Wis. Stat. § 138.04).
Key Facts
Wisconsin Service Agreement — Quick Reference
| Requirement | Wisconsin Rule |
|---|---|
| Default Interest | 5% per year (Wis. Stat. § 138.04) |
| Governing Law | Wisconsin Statutes Chapter 138 |
Legal Requirements
Wisconsin Legal Requirements
- Late fees exceeding 5% per year must be in writing to be enforceable.
Governing Laws
Wisconsin Governing Laws
Read the full text of these laws at Cornell Law School's Wisconsin legal resources or your state legislature's official website.
Questions & Answers
Wisconsin Service Agreement — Frequently Asked Questions
What is the default contract interest rate in Wisconsin?
The default rate is 5% per annum.