Wyoming · Mountain
Debt consolidation in Wyoming
Adults in Wyoming with a credit file carry $3,990 in credit card debt on average, 8% below the national $4,350. 10.54% of those balances are 90 or more days past due.
- $3,990
- card debt per adult, 27th of 51
- 10.54%
- of card balances 90+ days late (US 12.36%)
- +27.5%
- card debt growth since 2019 (US +28.3%)
What Wyoming households owe
Card balances per adult are up 27.5% since 2019, slower than the national +28.3% (21st fastest of 51). Balances fell from $3,130 in 2019 to $2,800 in 2020, when spending dropped and stimulus paid down cards, then climbed back to $3,990 by 2025.
Card debt is the most expensive balance most households carry, which is why it is usually the first target for consolidation. In Wyoming, cards, auto loans and student loans add up to $12,600 per adult, 19% below the national $15,470.
| Type | WY | US | WY change vs 2024 |
|---|---|---|---|
| Credit cards | $3,990 | $4,350 | +4.5% |
| Auto loans | $5,430 | $5,660 | -0.7% |
| Student loans | $3,180 | $5,460 | -9.9% |
| Mortgages | $40,830 | $44,300 | +3.9% |
| All household debt | $57,120 | $63,200 | +3.2% |
Personal loan rules in Wyoming
Wyoming caps consumer loans at 36% a year on the first $1,000 of the balance and 21% on the rest. Non-bank lenders need a license from the state Division of Banking.
- Consumer loans (all lenders, except pawnbrokers and post-dated check cashers): 36% a year on the part of the balance up to $1,000 and 21% on the part above $1,000 (actuarial method); a minimum finance charge of up to $30 is allowed (Wyo. Stat. Ann. § 40-14-310(f), (g))
The National Consumer Law Center puts the highest APR allowed in Wyoming at 36% on a $500, six-month loan and 31% on a $2,000, two-year loan (Predatory Installment Lending in the States: How Well Do the States Protect Consumers Against High-Cost Installment Loans?, NCLC, December 2025).
Non-bank lenders need a state license to make these loans. License: Consumer lender license (Wyo. Stat. Ann. § 40-14-302(b)).
A 2021 law (H.B. 8) repealed the old split between 'supervised loans' and other loans, so the higher rates now apply to more loans. Supervised financial organizations (banks and similar) are exempt from the license requirement.
Compare rate caps in every state. Checked 2026-09-30. Summary for general information, not legal advice. Laws change, and banks chartered in other states may follow different rules. Sources: Wyoming Statutes Title 40; NCLC, Predatory Installment Lending in the States (Dec. 2025), Maps 1 and 2 and Appendix C.
How many Wyoming borrowers are behind
10.54% of credit card balances in Wyoming were seriously delinquent (90+ days) at the end of 2025. That is 1.8 points below the national rate of 12.36%, placing Wyoming 32nd of 51 for card delinquency (1st is the highest). The rate rose 1.5 points in the past year, from 9.05% in 2024. In 2019 the share was 7.53%.
Auto loan delinquency in Wyoming stood at 3.49% (US 5.18%), and student loan delinquency at 9.55% (US 8.25%). If your payments are current, you are in a better position to qualify for a lower rate. If not, read our guide to consolidation loans with bad credit .
Wyoming next to its neighbors
Among the 8 Mountain states, Wyoming has the 5th highest card debt per adult.
- Nevada: $5,060 per adult, 16.28% 90+ days late
- Colorado: $4,910 per adult, 11.06% 90+ days late
- Arizona: $4,530 per adult, 13.67% 90+ days late
- Utah: $4,260 per adult, 9.45% 90+ days late
- Wyoming: $3,990 per adult, 10.54% 90+ days late
- Idaho: $3,870 per adult, 9.52% 90+ days late
- Montana: $3,850 per adult, 9.78% 90+ days late
- New Mexico: $3,520 per adult, 11.9% 90+ days late
Ten years of card debt in Wyoming
Card debt per adult in Wyoming has changed +47.8% since 2015 and +4.5% in the last year alone (US +4.1%).
| Year | WY | US |
|---|---|---|
| 2015 | $2,700 | $2,800 |
| 2019 | $3,130 | $3,390 |
| 2020 | $2,800 | $2,970 |
| 2024 | $3,820 | $4,180 |
| 2025 | $3,990 | $4,350 |
What consolidating could save at WY numbers
Take the Wyoming average of $3,990 and pay it off in 36 months. At a 24% card APR the payment is about $157 a month and the interest about $1,645. With a 12% consolidation loan the payment drops to about $133 and the interest to about $781, a difference of $865.
People who carry a balance usually owe more than the per-adult average. On $10,000 the same comparison is $4,124 of card interest against $1,957 on the loan. These rates are examples, not offers. Your APR depends on your credit, income and the lender, and an origination fee reduces the savings. See what lenders look for.
Your options in Wyoming
- Debt consolidation loan: one fixed payment and end date, worth it when the APR is clearly below your card rates. How to compare offers.
- Debt management plan: a nonprofit credit counseling agency negotiates lower rates with your card issuers. Useful if you cannot qualify for a loan. DMP vs consolidation.
- Balance transfer card: a 0% introductory APR can beat a loan if you can clear the balance before the promo ends. Balance transfer vs personal loan.
Checking a lender in Wyoming
Non-bank consumer lenders in Wyoming are licensed by the Wyoming Division of Banking. Before you accept an offer, look up the lender's license. To report a problem, file with the Wyoming Attorney General, Consumer Protection and Antitrust Unit or the CFPB. Never pay upfront fees for debt relief.
Wyoming debt consolidation FAQ
How much credit card debt does the average person in Wyoming have?
$3,990 per adult with a credit file at the end of 2025, according to New York Fed Consumer Credit Panel/Equifax data. That is 8% below the US figure of $4,350 and ranks 27th of 51. The figure includes people with no card balance, so people who do carry a balance typically owe more.
Are more people in Wyoming falling behind on credit cards?
10.54% of card balances in Wyoming were 90 or more days past due in 2025, compared with 7.53% in 2019 (up 3.0 points). The national rate was 12.36%.
Can a consolidation loan lower what borrowers in Wyoming pay in interest?
It can if the loan APR is well below your card APRs. On a $3,990 balance paid off over 36 months, a 24% card APR costs about $1,645 in interest and a 12% loan about $781. Rates depend on your credit and the lender, loans are not available in every state, and fees can shrink the savings.
Does debt consolidation hurt your credit in Wyoming?
Checking offers uses a soft inquiry and does not affect your score. Accepting a loan adds a hard inquiry and a new account, which can dip your score briefly, while paying down card balances usually helps over time.
Source: Federal Reserve Bank of New York Consumer Credit Panel/Equifax, State Level Household Debt Statistics 2003-2025 (February 2026), Q4 figures per adult with a credit file. Ranks and changes computed by Smart Debt Relief across 50 states and DC. Not affiliated with or endorsed by the Federal Reserve Bank of New York. Full state table and CSV.