Wyoming maximum interest rate is the answer to “maximum interest rate allowed by law in Wyoming”. This guide gives the Wyoming figures in a dated table, explains in plain words what they mean, walks through the steps, and points to the official forms and free help.
The Wyoming maximum interest rate figures on this page were verified against a dated 50-state compilation and Wyoming sources as of October 2026; the statute named here is where to check them yourself.
Wyoming maximum interest rate at a Glance
| Legal rate when no rate is agreed | 7% per year |
| Statute | Wyo. Stat. 40-14-106 |
In This Wyoming maximum interest rate Guide:
What the Wyoming Maximum Interest Rate Means
Usury means charging more interest than state law allows. In Wyoming, the legal rate shown above applies only when a loan or debt has no agreed rate. Most of the limits on agreed rates come from the Wyoming Uniform Consumer Credit Code (Title 40, Chapter 14), which sets maximum finance charges for consumer loans.
Since July 1, 2021, the general consumer-loan cap is the equivalent of 36% a year on the part of the unpaid principal up to $1,000 and 21% a year on the part above $1,000 (Wyo. Stat. 40-14-310, amended by 2021 Wyo. Sess. Laws ch. 14). Confirm the current wording with the statute.
The Wyoming maximum interest rate Figures
| Rule | Bonus Bank Daily verified figure |
|---|---|
| Legal rate when no rate is agreed | 7% per yearcompilation / agency — verified Oct 2026 |
| Statute | Wyo. Stat. 40-14-106compilation / agency — verified Oct 2026 |
The Wyoming maximum interest rate figures on this page were verified against a dated 50-state compilation and Wyoming sources as of October 2026; the statute named here is where to check them yourself.
Who the Wyoming Maximum Interest Rate Applies To
Lenders that make consumer loans in Wyoming generally need a Division of Banking license or must be a supervised financial organization, and they must stay within the consumer-loan caps. Banks chartered in other states and national banks may usually charge the rate allowed in their home state under federal law.
Post-dated check (payday) lenders follow a separate rule: the finance charge is capped at $30 or 20% of the principal, whichever is greater, per month (Wyo. Stat. 40-14-363). Credit cards from out-of-state banks are usually governed by the bank’s home-state rate.
Credit Cards and the Wyoming Maximum Interest Rate
Most credit cards come from national banks or banks chartered in other states. Federal law (12 U.S.C. 85 for national banks and 12 U.S.C. 1831d for state-chartered banks) lets these banks charge the interest rate allowed in their home state, even to Wyoming customers. That is why a card rate above the Wyoming consumer cap is usually still legal.
What Happens When a Lender Breaks the Wyoming Maximum Interest Rate
When a loan breaks the cap, the borrower may be able to recover the excess interest or more, depending on the statute, and charging above a criminal threshold can be a crime.
How to Check a Loan Against the Wyoming Maximum Interest Rate
1) Find the APR and finance charge in your loan’s Truth in Lending disclosure. 2) Check whether the loan is a consumer loan, a payday (post-dated check) loan or a credit card. 3) For a consumer loan, compare the APR with 36% on the first $1,000 of principal and 21% on the amount above that. 4) Look up the lender on the Division of Banking licensee list.
5) Confirm with the statute, the Division or an attorney.
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Where to Report a Loan Above the Wyoming Maximum Interest Rate
The Wyoming Division of Banking licenses consumer lenders and accepts written complaints by mail (Hathaway Building, 2300 Capitol Ave., Cheyenne, WY 82002), by phone at (307) 777-7797, or by email at [email protected]. You may also file a complaint with the CFPB at consumerfinance.gov/complaint.
Common Mistakes With Wyoming maximum interest rate
The most common mistake is missing a deadline: court and creditor deadlines run whether or not you have read the papers, and a missed one usually cannot be undone. The second is relying on an old article or a friend’s experience in another state — the rules on this page differ from state to state and change often, which is why every figure here is dated.
The third is not keeping copies: every letter, form, receipt and bank statement may matter later, so keep them together and note the date you received each one.
Free Help With Wyoming maximum interest rate in Wyoming
You do not have to handle this alone or pay to get answers. The Wyoming court self-help center explains the forms and the steps, and court clerks can tell you where and how to file, although they cannot give legal advice.
Legal aid organizations represent many people at no cost when income is limited, and the Wyoming bar’s lawyer referral service can connect you with a lawyer for a low-cost first consultation. The Consumer Financial Protection Bureau accepts complaints about lenders, banks and debt collectors nationwide.
How We Verify the Wyoming maximum interest rate Figures
Every figure in the table above comes from our 50-state data file, built by reading the Wyoming statute or an official compilation of it, and each one carries the month we last checked it. Our writers do not change those figures; they explain them. When the law changes, the figure is updated and the date moves.
If something on this page no longer matches the statute, the statute controls — and we want to hear about it.
The Division of Banking says it reviews complaints only where a state banking or consumer credit law may have been broken, and it does not represent individuals in private disputes. It generally sends a written response within about three weeks.
Next rung: the Wyoming payday loan page covers the short-term loans that have their own caps.
Wyoming — the bottom line
- Wyoming maximum interest rate rules set two numbers — the legal rate and the written-contract cap — both in the table above.
- Many lenders sit outside the Wyoming maximum interest rate cap by license or charter, so check which rule covers your loan.
- If a loan breaks the Wyoming maximum interest rate rules, keep the agreement and report it to the state regulator.
Wyoming Maximum Interest Rate FAQ
What is the maximum interest rate allowed by law in Wyoming?
Without an agreement: 7% per year.
Official Wyoming Sources & Resources
- Statute and the Conference of State Bank Supervisors 50-state usury survey (verified by each state regulator) — maximum legal interest rate: https://www.csbs.org/50-state-survey-consumer-finance-laws
- Statute and the Conference of State Bank Supervisors 50-state usury survey (verified by each state regulator) — maximum legal interest rate: https://facts.csbs.org/consumer-finance-law/dev
- Wyoming statute / opinion: https://wyoleg.gov/statutes/compress/title40.pdf
- Wyoming Division of Banking: How to File a Complaint: https://wyomingbankingdivision.wyo.gov/how-to-file-a-complaint
- Consumer Financial Protection Bureau: consumerfinance.gov
This Wyoming maximum interest rate guide was last verified against official Wyoming sources in October 2026. Rules change — confirm the current rule with the statute or a licensed attorney.
More Wyoming Money Rights Guides
Disclaimer: This guide is general information, not legal or financial advice. Bonus Bank Daily is an independent educational resource — not a law firm, not a bank, not a debt collector and not a government agency. Judgment, levy, interest-rate and debt rules change — every figure here carries the date we verified it.
Confirm the current rule with the statute, the court clerk or a licensed attorney in your state before you act.