Saratoga at a glance
- Population: 1,752 (US Census Bureau, Vintage 2023 subcounty estimate), the 32nd-largest of 99 places in Wyoming.
- 2020 Census base: 1,698 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: an increase of about 3.2% since the 2020 count (US Census Bureau).
- Rank among Wyoming places: 32nd in population of 99 places (US Census Bureau).
- Size percentile: ahead of around 68% of Wyoming places in population terms (US Census Bureau).
- Coordinates: 41.4524, -106.8117 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Rawlins, WY (31 mi); Laramie, WY (63 mi); Steamboat Springs, CO (67 mi); Hayden, CO (70 mi); Craig, CO (75 mi) (US Census Bureau).
- Smaller places close by: Riverside, WY (16 mi); Encampment, WY (17 mi); Elk Mountain, WY (26 mi) (US Census Bureau).
What a personal loan costs in Saratoga
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Wyoming lending rules that apply in Saratoga
Each row below is a Wyoming rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Saratoga
These steps are the ones that most affect the offer you receive in Saratoga:
- 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.