Wyoming is a state in the western region of the United States. Payday advance loans are legal in Wyoming. The Wyoming Payday Loans law does not specify any loan limit hence the borrower can take as much loan as the lender is willing to give. The period for which the loan is given ranges from 7-31 days. Extensions or rollovers are prohibited in Wyoming. Wyoming have usury laws hence you should always compare the loans before borrowing it.

Pay day lender must be licensed and must state APR, fees which he will take from the borrower. Lender cannot initiate any criminal action towards the borrower. The APR for a two-week loan valued at $100 is 780%. Under Wyoming payday loans law, a payday loan business may allow a consumer to repay initial finance fees in installments, but the lender cannot impose additional fees on that.