Wyoming Payday Loan Laws, Explained

Last updated: July 20, 2026

By the US Lending Editorial Team · Reviewed for factual accuracy against the federal and state sources cited on this page.

Key takeaway

Key takeaway: Wyoming is one of the more permissive states in the country for payday lending — there's no cap on how much you can borrow, though the fee structure still adds up fast.

Who this is forThis guide is for Wyoming residents comparing a payday, cash-advance, or short-term loan, and anyone checking what is legally allowed before they borrow.

When to use itUse it before you accept any offer, so you can compare the total cost across more than one lender.

What this page covers

No Maximum Loan Amount
The Fee Structure
No Rollovers

No Maximum Loan Amount

Payday loans are legal in Wyoming, officially structured as a "post-dated check or similar agreement." Unlike most states, Wyoming sets no maximum on how much a lender can advance — loans are instead capped by term, running no longer than one calendar month.

The Fee Structure

State law allows a maximum finance charge of $30, or 20% of the principal, whichever is greater, calculated on a full calendar month. On a typical 14-day, $100 loan, that fee structure works out to an APR around 780% — among the highest effective rates of any state with legal payday lending.

No Rollovers

Wyoming law doesn't permit borrowers to roll over or refinance a payday loan. If a loan can't be repaid on schedule, it can't simply be extended into a new loan by the lender — though without a rollover mechanism, unpaid balances can still accumulate additional debt through other means.

Factor	Wyoming Rule
Maximum loan amount	No state cap
Finance charge	Greater of $30 or 20% of principal, per month
Loan term	Up to 1 calendar month
Rollovers	Not permitted

File complaints or verify a lender with the Wyoming Division of Banking before applying.

Because Wyoming has no dollar cap, it's especially important to calculate the total fee on the exact amount you're borrowing before agreeing to a loan.

Sources: NCSL — Payday Lending State Statutes · CFPB — Payday Loans

Wyoming Payday Loan FAQ

Are payday loans legal in Wyoming?

Yes. Wyoming is permissive, with no cap on how much you can borrow.

What are the fees on a Wyoming payday loan?

The greater of $30 or 20% of principal, per month.

How long is a Wyoming payday loan term?

Up to one calendar month, and rollovers are not permitted.

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