Guernsey at a glance
- Population: 1,104, the 41st-largest community in Wyoming out of 99 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 1,125 residents here (US Census Bureau).
- 2020 to 2023 change: down about 1.9% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Wyoming places: 41st-largest of 99 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 59% of the places in Wyoming (US Census Bureau).
- Coordinates: latitude 42.2648, longitude -104.7429 (US Census Bureau Gazetteer).
- Nearest larger cities: Wheatland, WY (18 mi); Torrington, WY (32 mi); Lusk, WY (37 mi); Douglas, WY (48 mi); Mitchell, NE (53 mi) — straight-line distances, US Census Bureau populations.
- Smaller places close by: Hartville, WY (4 mi); Fort Laramie, WY (12 mi); Glendo, WY (22 mi) (US Census Bureau).
What a personal loan costs in Guernsey
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
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.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Wyoming lending rules that apply in Guernsey
The table carries the Wyoming rate and licensing rules that apply to consumer loans made in Guernsey.
| 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 Guernsey
A few practical steps will make the process in Guernsey less costly:
- 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.