PawnSmarts comes pre-configured for Wisconsin's $150 loan cap, 3% fixed interest with minimum charges, and the 90/60/12-day timers — so the right limits and dates are in place before you write a ticket.
Wisconsin caps pawnbroker loans at $150 maximum and sets interest at 3% per month, non-compounding (Wis. Stat. §138.10, §134.71), with minimum charges of $1 for the first month and $0.50 for each succeeding month when the monthly interest would be less than $1. That combination of a hard loan cap, a fixed rate and a minimum charge is exactly what a generic "interest rate" field gets wrong — and exactly what PawnSmarts sets up for you out of the box.
PawnSmarts is month to month at $89/month (Essential) or $129/month (Professional), with no contract and no setup fee, or own Professional outright for a one-time $2,995. We migrate your data for a one-time $395 and you're live in under 24 hours.
Wisconsin's timers don't all start from the same point, so PawnSmarts keeps three separate date fields — the 90-day sale prohibition, the 60-day redemption period and the 12-month liquidation deadline — and computes each one automatically. Track 200+ items and every date stays straight.
PawnSmarts stores your transaction history securely and keeps it retrievable for the period Wisconsin requires, with the 10 statutory ID types and item details organized for inspection. It works offline and auto-syncs, runs on Windows, Mac, iPad, Android or any browser, and on the Professional plan sends each pledgor three automatic reminders before a loan is due with secure online payment links — fewer forfeitures inside that 60-day window.
Compare PawnSmarts to other systems on our comparison page, learn the basics in what is pawn shop software, or browse the other states we serve.
Wisconsin statutes (Wis. Stat. §134.71) cap pawnbroker loans at a maximum of $150, and loans above this amount are not permitted under state law. PawnSmarts lets you set the loan-amount limit to $150 so the statutory cap is enforced automatically and never exceeded by accident.
Wisconsin sets pawnbroker interest at 3% per month, non-compounding (Wis. Stat. §138.10), and when the monthly interest on a loan would be less than $1, a minimum charge applies of $1 for the first month and $0.50 for each succeeding month. PawnSmarts keeps the 3% rate and the $1/$0.50 minimum charges in separate fields so the correct amount is calculated without manual math.
Wisconsin law sets three separate timers: a 60-day redemption period from the transaction date during which the pledgor may reclaim the item, a 90-day prohibition on selling the item after the due date, and a 12-month deadline from the due date by which the pawnbroker must liquidate unredeemed goods. Because each timer starts from a different point, PawnSmarts tracks all three in separate date fields and computes each one automatically.
Pawn software for Wisconsin typically ranges from about $89 to $300 or more per month depending on features. PawnSmarts is $89/month for Essential or $129/month for Professional, month to month with no contract or setup fee, or a one-time $2,995 for Professional, with data migration for a one-time $395 and go-live in under 24 hours.
Open the live demo and click around. If it looks right, sign up and we'll move your data for $395.
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