Wyoming

The relevant statute is the Wyoming Uniform Consumer Credit Code, Wyo. Stat. §§40-14-101 through 40-14-702 ("WY-UCCC").

A. Actions creditor may take: WY-UCCC §40-14-219(a) - If buyer fails to perform certain duties imposed by the contract pertaining to insuring the collateral, the creditor may, if the contract so provides, pay for performance of buyer's duties and add the amounts paid to the debt.

B. Notices required: WY-UCCC §40-14-219(a) - Within a reasonable time after advancing such sums, creditor must notify buyer in writing of the amounts advanced, any charges with respect to this amount, any revised payment schedule, and a brief description of the insurance paid for, including the type and amount of coverage.

C. Charges permitted: Yes. WY-UCCC §40-14-219(b).

D. Finance charge allowed on creditor's payment: Yes. WY-UCCC §40-14-219(b) - A credit service charge may be made for sums advanced at the rate not exceeding the rate disclosed to buyer in the contract.

Click here to view relevant Wyoming Code and Regulations.