- Payday loans in Cheyenne follow Wyoming law (Wyoming Uniform Consumer Credit Code, W.S. 40-14-363).
- Borrowing $300 at the state maximum costs Up to $60 a month (20%).
- 6 credit unions are headquartered in Cheyenne; ask about small-dollar loans before borrowing.
Cheyenne at a glance
| Cheyenne | |
|---|---|
| Population (2024 Census estimate) | 65,704 |
| Change since 2020 | +0.6% (holding steady) |
| County | Laramie County |
| Size rank among 72 Wyoming places we cover | 1st |
| Share of Wyoming’s population | 11.2% |
| Credit unions headquartered in town (NCUA) | 6, 6 federal |
| Credit unions headquartered in Laramie County | 6 |
| Other towns within 25 miles | 1 (about 379 residents) |
| Typical payday APR statewide (CRL 2023) | 316% |
There is no separate Cheyenne payday law: Wyoming rules apply here, and any lender serving Cheyenne residents, online or in person, needs a license from the Wyoming Division of Banking.
Credit unions in Cheyenne
These credit unions have their main office in Cheyenne, according to NCUA call report data (June 2026):
- Western Vista Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
- First Education Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
- Cheyenne-Laramie County Employees Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
- Blue Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
- Wyhy Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
- Meridian Trust Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
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Payday loan rules that apply in Cheyenne
In short, Wyoming rules that cover Cheyenne include: maximum fee: $30 or 20% of the principal per month, whichever is greater; extended payment plan: available under W.S. 40-14-366. See the full Wyoming payday loan rules.
What a $300 loan costs in Cheyenne
At Wyoming’s maximum fee, borrowing $300 costs Up to $60 a month (20%). Statewide, the typical APR on a $400 payday loan was 316% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Laramie County before you borrow
Before a payday loan, Cheyenne residents can usually find something cheaper:
- Local assistance through 211 covering Laramie County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Cheyenne
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Cheyenne?
Yes. Payday loans are legal in Cheyenne under Wyoming state law, and lenders must be licensed by the Wyoming Division of Banking.
How much does a payday loan cost in Cheyenne?
At Wyoming’s maximum fee, borrowing $300 costs Up to $60 a month (20%). The typical statewide APR was 316% in 2023.
Are there credit unions in Cheyenne?
Yes. NCUA data lists 6 credit unions with a main office in Cheyenne, including Western Vista Federal Credit Union and First Education Federal Credit Union. Federal credit unions can offer payday alternative loans capped at 28% APR.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- W.S. 40-14-363
- W.S. 40-14-366 — Extended payment plan
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary