Best Personal Loans in for Good and Bad Credit Wyoming of November 2022


Personal loans in Wyoming come from online lenders, banks, and credit unions. Each of those types has its pros and cons, and its approval criteria based on your requirements. Personal loans in Wyoming offer up to $100,000 amount and cap their APR at 35.99%. We researched more than 100 online lenders, 48 banks, and 34 credit unions. We evaluated their pros, cons, amount, APR, terms, credit score, and their overall performance in Wyoming. We put the best below.

Lender: Loan Amount: APR: Min. Credit Score: Best For:
Upstart $1,000 – $50,000 3.09% – 35.99% 300 Low credit scores, high DTI ratios
ZippyLoan $100 – $15,000 12.00% – 35.99% 0 Bad or no credit
PersonalLoans $1,000 – $35,000 5.99% – 35.99% 580 Short and long-term personal loans
Prosper $2,000 – $40,000 7.95% – 35.99% 640 Obtaining multiple personal loans
Happy Money $5,000 – $40,000 5.99% – 24.99% 550 A stable credit history
PenFed add add add add
UniWyo add add add add
Wells Fargo $3,000 – $100,000 5.74% – 19.99% 660 Wells Fargo customers

Those who want to find all loans in one place can visit our marketplace:

Why Should You Trust ElitePersonalFinance’s Guides?

ElitePersonalFinance’s guides are a by-product of extensive research and hands-on testing, written and verified by finance experts with more than ten years in the industry. As a result, our guides are always up to date with the latest developments in the personal finance world.

Our team constantly compares terms, rates, APRs, and fees from leading lenders, providing only the most up-to-date information on our publication. Only reputable companies have a chance of being featured (goodbye, payday loans, and other predatory lenders!)

Know a lender not listed here that you highly recommend? Then, contact one of our ElitePersonalFinance experts by emailing — lend a hand!


Best Personal Lenders in Wyoming of November 2022

Here are the best lenders in November 2022. As mentioned, our personal lender reviews evaluate lenders based on strength of APR, loan amounts, favorable terms , and online reviews.


Upstart is an excellent choice for Wyoming residents with no to limited credit looking for low APRs (5.6% to 35.99%) and long repayment terms of three to five years.

To qualify for an Upstart loan, borrowers must be at least 18 years of age, be U.S. residents, and have a minimum credit score of 300. Borrowers must also have a DTI ratio not exceeding 50% (except rent/mortgage), no history of bankruptcy filing, and up to six credit inquiries within the past six months.

Ready to apply for an Upstart loan? All you need to do is complete a short form, answering basic questions about yourself, such as full name, contact information, income, employment status, and amount of money you have in savings. Once submitted, Upstart will initiate a soft pull, which does not affect your credit.

Other verification items needed include a picture I.D., pay stubs, bank statement, copy of college transcripts, and your most recent tax returns.

Upstart will immediately present your rates, terms, and conditions upon approval. Once approved, all funds are dispersed in as little as one business day.


  • Flexible Terms
  • Soft Credit Checks
  • Attractive to Limited Credit History Borrowers


  • High Origination Fee
  • Higher Low-End Rates

The impact of COVID-19:

If you need to pause your loan payments because of the pandemic or due to other financial difficulties, you can submit an online request through Upstart’s website. In addition, you can also call the lender at 1-855-451-6753.


ZippyLoan is an excellent choice for comparing quotes from hundreds of lenders on one platform. Affiliate lenders offer loans ranging from $100 to $15,000 with varying APRs and repayment terms from six to 72 months. It’s best for borrowers with low credit scores who need funds deposited to their accounts in as little as one business day.

As a middleman, ZippyLoan has no input on origination fees, funding speeds, or credit checks. All of that is determined by each lender on the platform.

Applying for a ZippyLoan is easy. First, complete its online application asking for your name, address, annual income, and employment information. All ZippyLoan borrowers must have a regular income source with no minimum credit score required.

From there, ZippyLoan will return a list of compatible lenders. Upon agreeing to loan terms, borrowers are prompted to e-sign the loan agreement with all deposited funds available in as little as one business day.


  • Soft credit inquiry
  • No maximum credit score required
  • Funds in as little as one business day


  • No assistance with loan payments
  • Limited transparency on upfront APRs

The impact of COVID-19:

Although ZippyLoan doesn’t have any specific programs related to the coronavirus pandemic, you can apply for a hardship exemption. To do so, please contact a representative at 1-844-379-8621 or send an email to

PersonalLoans is best for Wyoming residents looking to compare multiple lenders across all loan types, such as installment, peer-to-peer, and bank loans. Unlike Zippy, the addition of peer-to-peer and personal installment loans allows for greater flexibility with repayment. requires borrowers to have a minimum income of $2000 per month (peer-to-peer and personal installment loans) and higher ($3,000 per month) for bank loans. Loan terms and credit scores required vary by lender, so we appreciate the flexibility in choosing lenders based on credit requirements.

Other lending requirements for borrowers include being at least 18 years of age with a checking account and a minimum credit score of 580 or higher for peer-to-peer/installment loans. In addition, required credit scores for banks may be much higher.

Loan amounts offered by lenders range from as little as $1000 to $35,000, with repayment periods between 90 days and 72 months. As for origination fees, prepayment penalties, and late payment fees, all vary by lender.

Expect APRs on loans using to vary between 5.99% to 35.99%. Some lenders may charge even higher rates, with all disclosures available at the time of application.

We appreciate over others on the list thanks to solid low-range APRs (5.99%) available and various loans. However, only some lenders connect you with peer-to-peer lenders, which offer legit funding opportunities from verified individual investors.


  • Wide variety of loan types
  • Availability of low APR peer-to-peer loans
  • Low-income requirement ($2,000 per month)


  • Some lenders have APRs higher than 35.99%
  • Hard credit score pull at the time of loan approval
  • Lack of transparency with fees until loan offer received

The impact of COVID-19:

Since PersonalLoans is a comparison site, it doesn’t issue loans directly. Moreover, the lenders on PersonalLoans platform determine their deferral and forbearance policies independently. As a result, you need to contact your lender directly to determine the available options.


Like Zippy and PersonalLoans, Prosper appeals to Wyoming residents with fair and good credit borrowers with an intuitive peer-to-peer lending platform. However, it p[airs borrowers with lenders differently by using a proprietary rating system m to assign borrowers a score, which investors use to determine eligibility.

All Prosper borrowers must have a minimum credit score of 560 or higher. There is no minimum annual income requirement, but your max debt-to-income ratio must not exceed 50%.

Prosper offers eligible borrowers loan amounts of $2,000 to $50,000 with repayment terms of two to five years. APRs range from 6.99% – 35.99%. There are origination fees from 1 to 5% and late payment fees equally $15 or 5% of the monthly payment, whichever is higher. Insufficient funds will also see a small $15 fee.

For perspective, the average Prosper borrower has an average credit score of 685 with an average annual income of $86.000. The average loan amount and APRs are $10,445 and 18.9%, respectively.

One of the best things about Prosper is its quick funding, with all funds deposited to your account within one to three business days after loan approval. Another good thing about Prosper is its joint loan option, which allows two borrowers to apply for the same loan as joint applicants. This set helps increase your chances of obtaining a loan with more favorable APRs.

To be eligible for Prosper loans, you must be a U.S. citizen 18 years or older with a bank account and social security number.

Overall, Prosper is an excellent choice for people who want to take advantage of lower-than-average APRs and joint loan options with co-borrowers for greater borrowing power.


  • Soft credit inquiry
  • Joint loan option
  • Funding in one to three business days
  • Generous loan range ($2,000 to $50,000)


  • Origination fees of up to 5%
  • Small pay-by-mail fee ($5)
  • No discounts for enrolling in autopay

Happy Money

With more than $3 billion in personal loans awarded to date, HappyMoney is best for those interested in fixed-rate personal loans to consolidate credit card debt. In addition, combining all monthly credit card payments into a single monthly payment takes advantage of a lower annual percentage rate than each credit card, helping you save on interest fees.

Unlike ZippyLoans, HappyMoney has higher loan limits ($5000 to $40,000). APRs offered range from 7.99% – 29.99% with a 0 to 5% in origination fees and repayment terms of two to five years. Once your application is approved, funds are wired to your account in one to two business days.

One of our favorite benefits with HappyMoney is free monthly FICO credit scores. It’s an excellent way to monitor progress as you eventually bring your balance down to zero.

To apply for a HappyMoney loan, you need to be at least 18 years old with a valid Social Security number, valid checking account, minimum credit score of 640, max DTI ratio of 55%, and a minimum credit history of three years and two accounts.

Look to HappyMoney if you want to consolidate credit card debt with one fixed interest rate loan at a lower APR than each of your credit cards on their own.


  • Soft credit inquiry
  • Quick, 1-2 funding time
  • Direct payments to creditors


  • No secured loan options
  • Higher than average origination fees (up to 5%)

The impact of COVID-19:

Happy Money has relief programs that can help borrowers dealing with COVID-19 disruptions or other means of financial hardship. To inquire about the available options, you can call Happy Money at 1-949-346-8740 or send an email to

What Are The Best Banks and Credit Unions for Personal Loans in Wyoming?

Another excellent funding source for good and bad credit Wyoming residents is credit unions. Today, more than 70 local and regional banks and credit unions are in the state, vying to win your business with loans up to $100,000 with generous capped APRs of 18%.

Federally chartered credit unions in Wyoming also offer PALS I and PALs II payday alternative loans, which provide up to $2000 with a minimum of one month and a maximum of a 12-month term.

PenFed – Shoshoni, Casper, and Mills, WY

With more than 2 million members, PenFed Credit Union is an excellent choice for Wyoming residents who prefer low APRs and no origination fees. When providing loans directly to consumers, applicants need a minimum credit score of 600 and be 18 years of age with U.S. citizenship and a social security number.

PenFed Credit Union offers borrowers personal loans of as little as $500 to $50,000 with repayment terms of 12 to 60 months. If you are a stickler for a good reputation, we’re happy to report that PenFed Credit Union has an A+ rating from the Better Business Bureau with favorable reviews throughout the Web touting its rate transparency and favorable terms.

One of our favorite things about PenFed Credit Union is its ease of signing up. To open a PenFed account, you only need to add a minimum of $5 to a savings account.

Other services PenFed Credit Union offers are joint and secured loan options using co-borrowers. Adding a co-borrower with a higher income/credit score will allow you to qualify for lower rate deals. In addition, you would share responsibility for paying back the loan. You can also use your PenFed share account to secure your loan, an excellent fallback if you cannot repay your loan.

In short, look to PenFed Credit Union if you are a Wyoming resident with good credit looking for favorable rates with more straightforward terms than the average credit union (e.g., no original or prepayment fees).


  • Easy to sign up
  • Generous loan amount range
  • Favorable debt-to-income ratio (below 55%)


  • Hard credit pull
  • No option to co-sign
  • Requires two-year minimum credit history


UniWyo – Laramie, WY

The third largest credit union in Wyoming, Laramie-based UniWyo Credit Union is an excellent choice for those looking for competitively low loan rates for debt consolidation. Lending rates for UniWyo personal loans start at 10.49% APR with lower rates available for auto loans (5.49% and fixed home equity (5.49%).

Military members are also eligible for a 0.25% APR discount on all new loans.

To qualify for a UniWyo Credit Union personal loan, you must have a minimum 580 credit score and be a U.S. citizen at least 18 years of age or older with a regular income.


  • Generous minimum credit score
  • Low rates (starts at 10.49% APR)
  • Easy to open a PenFed account


  • Hard inquiry
  • No APR discounts for non-military members

Wells Fargo

One of the largest banks in the country, Wells Fargo personal loans are best for those with good to excellent credit who need a high loan amount.

Wells Fargo offers loan amounts as high as $100,000 with competitive APRs starting at 5.99%. Repayment periods go from 12 to 60 months. We love that they do not charge any origination or early payoff fees. However, its funding lead time is a bit higher than online lenders, with deposits to your account taking up to four business days.

Although Wells Fargo does not directly disclose the required minimum credit score, expect the best rates if you have a credit score greater than 660.

One of the best parts about Wells Fargo personal loans is its 0.25% relationship discount, awaited to existing customers who enroll their consumer checking accounts in autopay.

To be eligible for a Wells Fargo personal loan, you must be 18 or older and a U.S. citizen/permanent resident with a social security number. It takes up to three business days to learn if you are approved for a loan or not, but many approvals occur within minutes.


  • Excellent APR range (5.99% – 19.99%)
  • No origination or early repayment fees
  • 0.25% “relationship discount” for checking account/autopay customers


  • Hard credit pull
  • Higher than average $39 late fee
  • Questionable customer service

The impact of COVID-19:

Wells Fargo offered payment deferrals to qualifying credit card, line of credit, auto, and personal loan borrowers. If you still need assistance, you can apply by calling Wells Fargo at 1-866-828-5047.

Best Personal Online Installment Loan Rates for Good Credit in Wyoming of November 2022

Here are our picks for the best personal loans for good credit in Wyoming:

Super Money
Personal Loans
Lending Tree
Discover Personal Loans
Freedom Plus

Best Personal Online Installment Loan Rates for Bad Credit in Wyoming of November 2022

Bad credit loans are offered to Wyoming residents with no or low credit scores. Unlike good credit loans, bad credit loans usually go towards the cost of repairs, medical bills, debt consolidation, and other unexpected expenses.

Although bad credit lenders have become more flexible in recent years, expect stricter monthly payment terms and longer loan approval wait times.

Here are our picks for the best personal loans for bad credit in Wyoming:

Zippy Loan
Life Loans
Viva Loan
Next Day Personal Loan
Funds Joy
Super Money
Personal Loans

Best Debt Consolidation Loan Rates in Wyoming of November 2022

Wyoming residents can apply for good credit loans with credit scores of 690 or higher. Good credit borrowers enjoy low APRs, high loan amounts, and additional perks such as autopay discounts and co-borrower compatibility.

Here are our picks for the best debt consolidation loans in Wyoming:

Pending Point
Zippy Loan
Next Day Personal Loan
Super Money
The Best Secured Loans in Wyoming

Secured loans are an excellent way to enjoy lower APRs, as low as 2%, and higher loan amounts of up to $2 million. This is because secured loans require putting up collateral, which lenders use to lower your risk profile.

Best Secured Loan Rates in Wyoming of November 2022

OneMain Financial
Wells Fargo
Pentagon Federal Credit Union
U.S. Bank

How to Find The Best Loans in Wyoming

Whether you are looking to consolidate debt, make a large purchase, or finance a home project, personal loans in Wyoming are an excellent way to get the funding you need.

Personal loans usually come in three types: payday, credit cards, and personal loans.

Payday loans offer outrageously high-interest rates upwards of 400% and often employ predatory practices. Plus, money is generally due within two weeks, with lenders reserving the right to withdraw funds directly from your bank accounts. In turn, credit cards have an average interest rate of 16%, whereas the average rate for a two-year personal loans clocks in around 9%.

Thanks to predatory practices by payday lenders, ElitePersonalFinance recommends avoiding them altogether. All providers listed on our website are legitimate personal loan companies.

Here are all the steps you should take to find the best personal loan in Wyoming.

Do the Math. Calculate all upfront costs early. For example, learn your lender’s origination fee, which is withdrawn from the amount you borrow. Also, find out what your monthly payment would be using a loan calculator. Good loan calculators allow you to simulate your payback periods in weeks or months.

Learn your Credit Score. On the low end, personal lenders look for a minimum credit score of 580. Then, visit a site like to access a full credit report from the three major credit reporting bureaus – TransUnion, Experian, and Equifax.

Pulling your credit scores will allow you to check for discrepancies and escalate them if necessary. For example, even a simple contest of a charge could raise your score by 100 points or more.

Evaluate your Options. Use a site like ours to evaluate personal loans based on required or not required cosigners, secured versus unsecured, and who you want to borrow from. Do you prefer a traditional credit union or an online lender?

You can use our website to evaluate a minimum of five lenders and write down interest rates and repayment periods.

Shop for Lenders. Shopping around for different lenders allows you to compare lenders and interest rates. Compare traditional loans, credit unions, and online banks. Your current bank may work with you towards expedited applications, quick approval, and favorable rates and terms.

Our website provides Wyoming residents with hundreds of reputable lenders, complete with loan amount/APR ranges, minimum credit scores, and who it’s best for.

For example, Wyoming residents looking for the best installment loans with bad credit will discover Upstart offers loans from $1,000 to $59,000 with APRs ranging anywhere from 5.60% to 35.99%. Others, like Lending Club, TD Bank, and Happy Money, offer comparable loan amounts with slightly lower APRs (5.99% to 36%) with a required 600 minimum credit score.

Outside of these key metrics, our website also provides approval turnaround times, terms, fees, qualification criteria, average borrower profile, and pros/cons for each lender.

How to Qualify For The Best Loans in Wyoming

Qualifying for the best loans in Wyoming is relatively simple to understand.

Baseline requirements from all lenders require being 18 years of age or older with U.S. citizenship/permanent residency and a social security number.

Each lender sets its borrower requirements, which may be easy or difficult to achieve. For example, PenFed loans require PenFed membership (needing as little as $5 for a savings account) and a minimum credit history of two years with a debt-to-income ratio 55% or lower.

Remember, some loans are more challenging to get than others. For example, some lenders require a minimum annual income and minimum credit score of 660 for unsecured personal loans and lower credit scores for secured personal loans, which use collateral to reduce lender risk.

To learn how to qualify for the best loans in Wyoming, we encourage you to review our reviews, which state all lending requirements by provider.
How to Apply for the Best Loans in Wyoming

For an online lender, bank, or credit union, expect a straightforward process when applying for the best loans in Wyoming.

For starters, shop around and gather quotes from multiple lenders. Be sure to jot down loan amounts, APRs, monthly payments, loan terms, and any fees and penalties. Confirm if your interest rates are fixed versus variable and the loan is unsecured or secured.

Once you’ve shopped around for a loan, gather all of your documentation. Each loan provider will ask for one or more of a combination of proof of identity, income, and address.

From there, seek pre-qualification or pre-approval. Pre-qualification usually requires prospective borrowers to complete a short online form asking for their name, address, annual income, and desired loan amount.

Once you have completed the pre-qualification process, you should expect to receive a pre-approval letter which may request additional supporting documentation, such as pay stubs, W-2 forms, and housing costs.

Once all supporting documentation is submitted, expect to close your loan in anywhere from one to seven business days, depending on the lender. Typical approval times for banks, credit unions, and online direct lenders are also one to seven business days.

Average Credit Score in Wyoming

According to Experian’s 2020 Consumer Credit Review, the average FICO score in Wyoming was 719 in 2020 and 722 in 2021.

The +3 increase in credit scores from 2021 to 2021 in Wyoming follows a nationwide trend of steadily rising credit scores, with the average U.S. credit score hitting a record high of 714. However, the average U.S. debt balance ($96,371) saw a 3.9% increase over the prior year, accounting for auto, mortgage, personal, and student loan balances.

Using FICOs own score rating categories, a 680 credit score is considered “fair” relative to higher scoring —740-799 (“very good”) and 800-850 (“exceptional).

The states with the highest credit scores include Vermont, Wisconsin, New Hampshire, Washington, North Dakota, South Dakota, Massachusetts, Nebraska, and Oregon.

The states with the lowest credit scores are Louisiana, Alabama, Oklahoma, Texas, Georgia, Arkansas, South Carolina, New Mexico, and West Virginia.

Despite Wyoming’s above-average credit score, the Bureau of Consumer Financial Protection’s Community Credit Profile report cites one out of every five Wyoming adults with limited credit histories.

Reporting further breaks down percentages by credit file, with roughly 11.2% of Wyoming adults having no credit file, 4.4% with a thin credit file (less than five credit accounts on record, 4.3% with a stale credit file (borrowers lacking recent activity), and 80.1% with a current, active credit file with five or more creditors on record.

Average Personal Loan Debt in Wyoming

Debt states for Wyoming residents vary depending on the type of debt.

According to Experian, Wyoming residents’ average personal loan balance was $24,421 in 2020 and $26,413 for a year-over-year +8.2% change. Only two states saw higher year-over-year percentage changes, the District of Columbia (+17%) and New Mexico (+9.1%), putting Wyoming in dubious territory.

By generation (nationally), Generation Z saw the highest percentage change (+10.9%), followed by Millenials (9%), Generation X (+6.7%), Baby Boomers (+3.4%), and the Silent Generation (1.2%).

Other types of debt to consider are federal and private student loan debts. According to Lending Tree, Wyoming residents have an average federal and private student loan balance of $29,315, significantly lower than the national average of $36,689. This balance places Wyoming squarely in 49th place, with federal private student loan debt the highest (not surprisingly) in the District of Columbia ($52,049).

Frequently Asked Questions

What can I not use my personal loan for in Wyoming?

Generally, personal loans are not tapped for larger purchases, such as real estate, investments, and college tuition. Instead, consider it more of an option for medical emergencies, unplanned vacations, home renovations, and other shorter-term projects and events.

Can I get a Wyoming personal loan with 550?

Yes! Many lenders are willing to offer personal loans in exchange for a subprime 550 credit score. However, they generally come with less flexible terms, such as a required co-signer with a higher income and credit score. However, not all hope is lost if you decide to apply on your own. Secured personal loans are an excellent choice, using collateral to make you less of a risk to the lender.

What is the minimum salary to obtain a personal loan in Wyoming?

Income requirements depend on the lender. Instead of providing an annual income, many lenders ask that you adhere to a debt-to-income ratio of 55% or less. In their eyes, the lower the percentage, the higher the likelihood you will be able to repay the loan back.

How We Pick These Lenders?

To select  the best lenders, we perform exhaustive research process, pouring through the fine print from hundreds of online lenders, banks, credit unions, and other funding sources. They are chosen on the strength of APRs, loan amounts, repayment periods,  lending structure, and online reviews. No predatory lenders here!

Our lender recommendations also factor in state-specific consumer behavior and average credit scores. For example, Wyoming residents enjoying a higher-than-average credit score (722), so our recommendations also include a nice mix of banks and credit unions which historically have offered lower APRs over online lenders.

The team at ElitePersonalFinance provides only the latest, up-to-date non-biased reviews on highly competitive lending products and services. If you have any feedback or suggestions, we’d love to hear from you!

Send us an email at, and we’ll get back to you as soon as possible.


Wyoming residents have no shortage of reputable funding sources to secure money for their next project. Whether it is for a home renovation, an impromptu wedding, emergency medical services, or something similar, ElitePersonalFinance is ready to lend a hand in selecting your best Wyoming personal loan options.

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