Wisconsin § 138.20 - Discrimination in granting credit or loans prohibited.

§ 138.20. Discrimination in granting credit or loans prohibited.

138.20(1) (1) Rule. No financial organization, as defined under ss. 71.04 (8) (a) and 71.25 (10) (a) , or any other credit granting commercial institution may discriminate in the granting or extension of any form of loan or credit, or of the privilege or capacity to obtain any form of loan or credit, on the basis of the applicant’s physical condition, developmental disability as defined in s. 51.01 (5) , sex or marital status; provided, however, that no such organization or institution shall be required to grant or extend any form of loan or credit to any person who such organization or institution has evidence demonstrating the applicant’s lack of legal capacity to contract therefor or to contract with respect to any mortgage or security interest in collateral related thereto. 138.20(1m) (1m) Spousal credit. A violation of s. 766.56 (1) is a violation of sub. (1) . 138.20(2) (2) Penalty. Any person violating this section may be fined not more than $1,000. Each individual who is discriminated against under this section constitutes a separate violation. 138.20 History History: 1973 c. 88 ; 1975 c. 275 ; 1977 c. 418 s. 929 (55) ; 1983 a. 186 ; 1985 a. 37 ; 1987 a. 312 s. 17 . 138.20 Note NOTE: As to sub. (1m), see notes in 1985 Wis. Act 37 , marital property trailer bill. 138.20 Cross-reference Cross-reference: See also chs. DFI-SB 8 and DFI-SL 8 , Wis. adm. code. Down Down /statutes/statutes/138 true statutes /statutes/statutes/138/20 Chs. 125-139, Regulation of Trade statutes/138.20 statutes/138.20 section true Menu » Statutes Related » Statutes » Chapter 138 × Details for PDF view Link (Permanent link) Bookmark this location View toggle Go to top of document Search in this chapter Search in this section Search in this agency Search in this chapter group Search in this chapter Search in this section Cross references for section Acts affecting this section References to this 1970 Statutes Annotations Appellate Court Citations Administrative Code Index Reference lines Clear highlighting 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 and through all Supreme Court Orders and Controlled Substances Board Orders filed before and in effect on August 5, 2026. Published and certified under s. 35.18. Changes effective after August 5, 2026, are designated by NOTES. (Published 8-5-26)