Midwest at a glance
- Population: about 286 residents, ranking 70th of 99 Census places in Wyoming (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 287 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: down about 0.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Wyoming places: 70th largest of 99 (US Census Bureau).
- Size percentile: larger than about 29% of the Census places in Wyoming (US Census Bureau).
- Coordinates: 43.4108, -106.2773 (US Census Bureau Gazetteer).
- Nearest larger cities: Bar Nunn, WY (34 mi); Evansville, WY (37 mi); Mills, WY (39 mi); Casper, WY (39 mi); Rolling Hills, WY (41 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Edgerton, WY (2 mi); Kaycee, WY (27 mi); Ten Sleep, WY (73 mi) (US Census Bureau estimates).
What a personal loan costs in Midwest
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Wyoming lending rules that apply in Midwest
The Wyoming rate caps and licensing rules that reach Midwest are listed below, each with its source and retrieval date.
| 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 Midwest
Here is a short checklist for comparing personal loans in Midwest:
- 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.