Personal loans in Albin, WY

Personal loans in Albin, Wyoming work the same way they do across the state: you apply, a lender reviews your credit and income, and it prices the loan to the risk it sees. Albin has about 160 residents and ranks 83rd in Wyoming by population. Its population fell about 5.3% between the 2020 Census base and the 2023 estimate. The closest larger city is LaGrange, WY about 16 miles away.

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

What is specific to borrowing in Albin

Population: 160 (US Census Bureau, Vintage 2023 subcounty estimate) — the 83rd-largest place of 99 in Wyoming.
Population trend: Its population fell about 5.3% between the 2020 Census base and the 2023 estimate.
Size percentile: larger than about 16% of the Census places in Wyoming.
Location: 41.4169, -104.1015 (US Census Bureau Gazetteer).
Nearest larger cities: LaGrange (16 mi); Pine Bluffs (16 mi); Burns (21 mi); Kimball (27 mi); Dix (34 mi). Larger metros often have more walk-in branches, but online lenders serve Albin on the same terms.
Nearest smaller towns: Bushnell (17 mi); Yoder (36 mi); Grover (38 mi).

Wyoming lending rules that apply in Albin

Rule	Detail	Source
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
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

How a personal loan works in Albin

In Albin, as across Wyoming, the lender must disclose the loan's APR and finance charge before you sign, under the federal Truth in Lending Act. Use that disclosure: compare the APR, not the interest rate alone, because origination fees, and sometimes prepayment penalties, are folded into the APR. If a lender will not put the terms in writing, that is a reason to walk away.

Before you apply in Albin

Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
Run the numbers with our personal loan calculator so you know the payment before a lender tells you.
Pre-qualify with at least three lenders and compare the APR, not the interest rate.
Check the lender is licensed in Wyoming using the regulator listed above.
Read the disclosure for origination fees and any prepayment penalty before you sign.

Compare personal loan offers Run the numbers first

Advertising disclosure: Loansloth may receive a referral fee if you apply through the link above. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. Read the full disclosure.

Frequently asked questions

Can I get a personal loan with bad credit in Albin?

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 Albin are the same as elsewhere in Wyoming.

How much can I borrow with a personal loan in Albin?

Most personal loans range from about $1,000 to $50,000, but the amount you are approved for depends on the lender and your income and credit. Use our personal loan calculator to model the payment before you apply.

Does a personal loan in Albin 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 Albin 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

LaGrange, WY — population 378
Pine Bluffs, WY — population 1,121
Bushnell, NE — population 111
Burns, WY — population 368
Kimball, NE — population 2,192
Lyman, NE — population 254
Yoder, WY — population 132
Grover, CO — population 153