Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday loans in Cheyenne, Wyoming
Wyoming payday loan rules that apply in Cheyenne
- Max loan amount
- $500
- Min loan term
- N/A
- Max loan term
- 31 days
- Finance charge cap
- 20% of advanced amount
- Max absolute fee
- $100
- Typical APR
- ~521%
- Rollovers (extensions)
- Prohibited
- Simultaneous loans
- N/A
- Right to rescind
- Next business day
- Governing law
- Wyoming Small Loan Act
- Regulator
- WY Div. of Banking
Cheyenne at a glance
| Metric | Cheyenne | Wyoming | United States |
|---|---|---|---|
| Population | 95,110 | 579,596 | 332.3M |
| Median household income | $80,489 | $76,892 | $85,275 |
| Median rent | $1,084/mo | $994/mo | $1,432/mo |
| Income spent on rent | 27.8% | 29.0% | 31.6% |
| Homeownership | 70.2% | 72.1% | 65.4% |
| Poverty rate | 9.6% | 10.8% | 12.6% |
| Unemployment rate | 3.2% | 3.7% | 5.3% |
| Without health insurance | 9.7% | 11.6% | 8.6% |
| Veterans | 13.5% | 9.3% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Cheyenne
Move the sliders to see what a payday loan would cost under Wyoming rules and how it compares with local incomes.
Wyoming maximum: $500
Wyoming maximum: $20
Rollovers are not allowed in Wyoming.
- Fee
- $100
- Total to repay
- $600
- APR
- 521%
- Share of a two-week household paycheck in Cheyenne
- 3.2%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Cheyenne
- Fee on a $500 loan
- $100
- Share of a two-week household paycheck
- 3.2%
- Hours of work at the local median wage
- 4.6 hours
- Rollovers
- Not allowed in Wyoming
Example based on the Wyoming maximum fee for the maximum loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Cheyenne in context
- Households earning under $25,000
- 13.9%
- ▼ 0.9 pts vs WY
- Median home value
- $311,542
- ▼ 4% vs WY
- Home value to income
- 3.9×
- A $400 emergency expense
- 1.8 days
- of median household income
Payday loan stores in Cheyenne, WY
Licensed storefront lenders in Cheyenne with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the WY Div. of Banking before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 3709 E. Lincoln Way, Ste. E8 Cheyenne, WY 82001 | (307) 632-0389 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
| 4620 Grandview Ave #102 Cheyenne, WY 82009 | (307) 637-7237 | — | 4.4 |
Fast & secure payday loans in Cheyenne, Wyoming
Unexpected expenses can happen anytime. If you need urgent cash in Cheyenne, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Cheyenne residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Borrow up to $500 Loan terms must comply with the Wyoming Small Loan Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Cheyenne residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Wyoming law (Wyoming Small Loan Act). Always review the contract terms carefully before signing.
Cheyenne payday loan FAQ
How much cash can I borrow in Cheyenne?
Loan amounts in Cheyenne are typically from $100 up to $500, in line with Wyoming lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Cheyenne to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Cheyenne with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Cheyenne?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Cheyenne residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Cheyenne or the surrounding Wyoming area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).