Laramie at a glance
- Population: 32,152 people, the 4th-largest place among Wyoming's 99 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 31,405 residents here (US Census Bureau).
- 2020 to 2023 change: up about 2.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Wyoming places: 4th by size among 99 communities (US Census Bureau).
- Size percentile: ahead of around 96% of Wyoming places in population terms (US Census Bureau).
- Coordinates: mapped at 41.3060, -105.6086 by the US Census Bureau Gazetteer.
- Nearest larger cities: Cheyenne, WY (44 mi); Fort Collins, CO (60 mi); Windsor, CO (68 mi); Loveland, CO (68 mi); Greeley, CO (75 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Rock River, WY (35 mi); Elk Mountain, WY (49 mi); Chugwater, WY (51 mi) (US Census Bureau).
What a personal loan costs in Laramie
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Wyoming lending rules that apply in Laramie
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal with a post-dated check casher license; finance charge capped at the greater of $30 or 20% per month; max term 1 month (Wyo. Stat. § 40-14-363) Source says: No post-dated check finance charge shall exceed the greater of thirty dollars ($30.00) or twenty percent (20%) per month on the principal balance | Wyoming Legislature (Wyoming Statutes) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Lender, Sales Finance Company, Post-Dated Check Casher, and Pawnbroker licenses via NMLS; licensing mandatory per location including online Source says: Licensing is mandatory for every location where business is regularly conducted | Wyoming Division of Banking as of 2026-09-16 |
| State lending regulator | Wyoming Division of Banking Source says: The Division is responsible for the chartering and regulation of Wyoming state banks, trust companies, mortgage companies, as well as non-bank financial companies. | Wyoming Division of Banking as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 36% per year on unpaid principal balances up to $1,000; 21% above $1,000 (Wyo. Stat. § 40-14-310(g)) Source says: shall not exceed the equivalent of thirty-six percent (36%) per year on that part of the unpaid balances of the principal | Wyoming Legislature (Wyoming Statutes) as of 2026-09-16 |
How to compare offers in Laramie
Before you commit to a personal loan in Laramie, work through these steps:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Wyoming using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.