Payday loans in Wyoming: the rules
Research draft — pending verification against the Wyoming Division of Banking. {{VERIFY}}
Payday lending is legal and regulated in Wyoming.
Post-dated check lending is legal.
The numbers at a glance
| Status | Legal |
|---|---|
| Maximum amount | No statutory cap |
| Fee / rate limits | Greater of 20%/month or $30 |
| Term limits | Maximum 1 calendar month |
| Regulator | Wyoming Division of Banking |
All figures are drafts compiled from public sources and must be confirmed with the regulator before relying on them. State legislatures change these rules — see our state law update tracker.
Payday loans in Cheyenne, Casper, Laramie and across Wyoming
The same state rules apply whether you're in Cheyenne, Casper, Laramie or Gillette — payday lending in Wyoming is regulated at the state level, so the caps and terms above hold statewide, storefront or online. Online requests like ours reach the same state-licensed lenders that serve every Wyoming ZIP code, without a trip to a storefront. City ordinances can add local rules for storefronts in some states {{VERIFY}} — the loan agreement must follow state law either way.
Free and low-cost help in Wyoming
Before borrowing — or if a loan has already gone wrong — every Wyoming resident can call 211 for emergency rent, utility, food, and medical assistance programs in Cheyenne and statewide (what 211 covers). Nonprofit credit counseling is free or low-cost statewide, and complaints about a lender go to the Wyoming Division of Banking, which also runs the license lookup you should check before signing. See also: how to verify a lender's license.
What a typical loan costs in Wyoming
Wyoming's fee rule (Greater of 20%/month or $30 {{VERIFY}}) is what your loan agreement has to respect. As a feel for the math: a two-week $300 loan at $15 per $100 costs $45 — about 391% APR — and the same fee structure over 30 days is about 183% APR. Run your own numbers in the cost calculator before you sign anything, and compare it against a pay advance app or credit union small-dollar loan first.
Borrowing here, sensibly
Legal doesn't mean cheap — payday-style credit in Wyoming still typically costs triple-digit APRs. Check the cheaper options first, run the numbers in the cost calculator, and if you do borrow, verify the lender's license with the Wyoming Division of Banking and never borrow more than your next paychecks can absorb.
Wyoming questions
How much can I borrow in Wyoming?
The state's general limit is No statutory cap. Individual lenders may offer less depending on your income and history. Draft figure — verify with the Wyoming Division of Banking.
What do payday loans cost in Wyoming?
Greater of 20%/month or $30. Terms typically run Maximum 1 calendar month. Your loan agreement must state the exact finance charge and APR before you sign. Draft figures — verify with the Wyoming Division of Banking.
How do I check whether a lender is licensed in Wyoming?
Search the Wyoming Division of Banking's license database or call them before you sign anything. Licensed lenders must follow the state's caps and collection rules; unlicensed ones are a major red flag.