Installment Loans in Wyoming

Lending rules in Wyoming

Rules marked "medium confidence" were checked against a published copy of the statute because the official site was unavailable to us. Confirm them with the official text before relying on them.

General rules

• No person shall engage in the business of making consumer loans without a license from the administrator. Source: W.S. 40-14-302(b) · verified Oct 9, 2026 · medium confidence

Payday loans (deferred presentment)

• No post-dated check casher may engage in business without a license. Source: W.S. 40-14-363(a) · verified Oct 9, 2026 · medium confidence
• A post-dated check casher may not charge more than $30 as a finance charge, or 20 percent per month on the principal balance, whichever is greater. Source: W.S. 40-14-363(a) · verified Oct 9, 2026 · medium confidence
• A post-dated check casher may not charge more than 20 percent per month on the principal balance, or $30, whichever is greater. Source: W.S. 40-14-363(a) · verified Oct 9, 2026 · medium confidence
• A post-dated check or similar arrangement cannot extend beyond one calendar month. Source: W.S. 40-14-363(b) · verified Oct 9, 2026 · medium confidence
• A consumer may rescind a post-dated check arrangement by 5:00 p.m. Mountain Time of the following business day by returning the funds in cash or certified funds. Source: W.S. 40-14-365(a) · verified Oct 9, 2026 · medium confidence
• A consumer may elect once every 12 months to repay a post-dated check arrangement by extended payment plan of at least 4 substantially equal installments over at least 60 days. Source: W.S. 40-14-366(a) · verified Oct 9, 2026 · medium confidence
• An extended payment plan must provide for repayment in at least 4 substantially equal installments. Source: W.S. 40-14-366(c) · verified Oct 9, 2026 · medium confidence
• An extended payment plan must be over a period of at least 60 days. Source: W.S. 40-14-366(c) · verified Oct 9, 2026 · medium confidence

Installment and consumer finance loans

• A consumer loan principal cannot exceed $75,000. Source: W.S. 40-14-304(a)(iv) · verified Oct 9, 2026 · medium confidence

Pawn loans

• No pawnbroker may contract for or charge pawn finance charges without a license. Source: W.S. 40-14-360(a) · verified Oct 9, 2026 · medium confidence
• A pawnbroker may not charge more than 20 percent per month on the unpaid principal balance. Source: W.S. 40-14-360(a) · verified Oct 9, 2026 · medium confidence
• The amount financed in any one pawn transaction to any one customer cannot exceed $3,000. Source: W.S. 40-14-360(b) · verified Oct 9, 2026 · medium confidence
• The maturity date of a pawn transaction is one calendar month. Source: W.S. 40-14-360(c) · verified Oct 9, 2026 · medium confidence
• A pawnbroker may contract for and receive a minimum pawn finance charge of not more than $5. Source: W.S. 40-14-360(f) · verified Oct 9, 2026 · medium confidence

Lenders in Wyoming are licensed by the Wyoming Division of Banking, State Banking Commissioner. You can look up any license in its license search. See also online lenders and apps in Wyoming.