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Personal loans in Lyman, WY

For a borrower in Lyman, a personal loan is a sum repaid in equal monthly installments, priced mainly from your credit profile, income and debt load. Lyman is home to about 2,189 people and ranks 29th among the 99 Census places in Wyoming. The rate caps and licensing requirements that apply to a lender in Wyoming are set out in the sourced table below.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Lyman at a glance

  • Population: the Census estimates 2,189 residents, ranking 29th of 99 places in Wyoming (Vintage 2023).
  • 2020 Census base: the 2020 Census recorded 2,136 residents here (US Census Bureau).
  • 2020 to 2023 change: up roughly 2.5% across the 2020-to-2023 comparison (US Census Bureau).
  • Rank among Wyoming places: 29th of the state's 99 Census places (US Census Bureau).
  • Size percentile: roughly 71% of places in Wyoming rank below it by population (US Census Bureau).
  • Coordinates: 41.3275 latitude, -110.2974 longitude (US Census Bureau Gazetteer).
  • Nearest larger cities within 120 miles: Kemmerer, WY (34 mi); Evanston, WY (35 mi); Green River, WY (45 mi); Rock Springs, WY (59 mi); Vernal, UT (72 mi) (US Census Bureau).
  • Smaller places nearby: Mountain View, WY (4 mi); Granger, WY (25 mi); Opal, WY (30 mi), per US Census Bureau estimates.

What a personal loan costs in Lyman

Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.

Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.

Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.

Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.

Wyoming lending rules that apply in Lyman

Where a figure is not published by the state, the row points to the source instead of guessing.

RuleDetailSource
State lending regulatorWyoming 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 statusLegal 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 licensingConsumer 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 Lyman

Before you share your details with a lender in Lyman:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Wyoming using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Lyman?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Lyman are the same as elsewhere in Wyoming.
How much can I borrow with a personal loan in Lyman?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Lyman require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Lyman hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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