Cash advances in Cheyenne follow Wyoming law: up to No fixed dollar cap, fee greater of $30 or 20% of principal per month ($20 per $100), term 8-31 days. The state’s typical $300 loan costs $60 in fees and repays $360 — about 521% APR.
| County | Laramie County |
|---|---|
| Population | 64,019 |
| Median household income | $58,219 |
| Rank in Wyoming | #1 by population among covered cities |
| State rules apply | Allowed · cap No fixed dollar cap |
Why income matters here: high-cost lenders size loans against your deposit flow, not your address. In Cheyenne, where the median household brings in $58,219 a year, a $300 advance with a $60 fee is one of the smaller recurring hits a budget can take — which is exactly why the cap exists.
| Max amount | No fixed dollar cap |
|---|---|
| Max fee / rate | Greater of $30 or 20% of principal per month ($20 per $100) |
| Term | 8-31 days |
| Rollovers | Forbidden |
| APR on the typical loan | 521% |
| Regulator | Wyoming Division of Banking |
Statute: Wyo. Stat. Ann. § 40-14-362 et seq. · details on the Wyoming state page
Derived from ’s own worked example (a $300 loan carrying a $60 fee). Round figures in dollars.
| Amount | Fee for the term | Total repaid | APR ballpark |
|---|---|---|---|
| $100 | $2,000 | $2,100 | 521% |
| $255 | $5,100 | $5,355 | 521% |
| $300 | $6,000 | $6,300 | 521% |
| $500 | $10,000 | $10,500 | 521% |
Fee rate: greater of $30 or 20% of principal per month ($20 per $100) · statute Wyo. Stat. Ann. § 40-14-362 et seq.. Some states hand you the amount minus the fee; others fund the full amount — your contract controls.
Composite scenarios built from typical situations and the cost math on this page — not quotes from named individuals.
A refrigerator dies in summer. A used replacement is available today at a cash price. The advance buys the replacement now instead of rent-to-own; the $60 fee on a $360 repayment is a one-time cost against months of installments.
One-time fees compound slower than weekly rental contracts — compare totals.
A household is one bill behind and the utility sets a reconnect deadline later this week. Borrowing now keeps the power on and avoids a reconnect charge; repaying $600 on payday costs $100 for the bridge.
Reconnect fees plus deposit requirements often exceed the advance fee — but only compare before borrowing.
Payday lands four days after the rent deadline. The gap is small but the late fee is not. The advance closes the gap on time; repaying $120 — $20 in fees — beats the landlord’s late penalty and a court-filing risk.
Price the loan against the exact penalty it prevents.
Wyoming law sets one price for the whole state: up to No fixed dollar cap with greater of $30 or 20% of principal per month ($20 per $100). A typical $300 advance costs $60 and repays $360. City does not change the price — state does.
Storefront locations change often; this site does not list individual stores. The national chains and independents price at the same state cap — verify any location with the Wyoming Division of Banking before you sign. Our cash advance places guide covers the chains and the license check.
Lenders typically want steady income with a deposit history in your account — a pay stub or benefits letter is enough at most no-credit-check lenders. Median household income in Cheyenne is $58,219; lenders set no city-specific threshold.
Ready to move? Request your cash advance now — free to check, no hard credit pull at this step.
Free check for Cheyenne, WY · no hard credit pull at this step.
