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.
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.