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Payday Loans in Wyoming

There are few regulations on payday loans in Wyoming. There is no limit on the size of a loan and no limit on the number of loans a borrower may have at once. There are also no specified limits on collection fees and no prohibition on bringing criminal charges against a borrower. All details must be specified in the loan agreement, however.

  • Maximum loan amount: No limit
  • Minimum loan term: 14 days, to a maximum of one month
  • Maximum APR: Maximum $30 per $100 borrowed/2 weeks, APR of 780%
  • Rollovers: Rollovers are prohibited

Legal Framework for Payday Lending in Wyoming

Regulating the fine line of payday lending in Wyoming is the 2012 Wyoming Statutes.

We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.