Form LFS350 Title Loan Certificate of Authorization Application - Wisconsin

What Is Form LFS350?

This is a legal form that was released by the Wisconsin Department of Financial Institutions - a government authority operating within Wisconsin. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form LFS350?
A: Form LFS350 is the Title Loan Certificate of Authorization Application specifically for the state of Wisconsin.

Q: What is a Title Loan Certificate of Authorization?
A: A Title Loan Certificate of Authorization is a document that allows a lender to provide title loans in the state of Wisconsin.

Q: Who needs to fill out Form LFS350?
A: Lenders who want to offer title loans in Wisconsin need to fill out Form LFS350.

Q: Are there any fees associated with Form LFS350?
A: Yes, there is a non-refundable application fee that must be paid when submitting Form LFS350.

Q: What information is required on Form LFS350?
A: Form LFS350 requires information about the lender, including contact information, business details, and information about any parent or subsidiary companies.

Q: How long does it take to process Form LFS350?
A: The processing time for Form LFS350 can vary, but it typically takes several weeks.

Q: Is Form LFS350 required for every title loan lender in Wisconsin?
A: Yes, every lender who wants to offer title loans in Wisconsin must fill out Form LFS350 and obtain a Title Loan Certificate of Authorization.

Q: What happens if Form LFS350 is not filed?
A: If Form LFS350 is not filed, a lender will not be authorized to offer title loans in Wisconsin and may be subject to penalties.