✓ Legal & RegulatedReviewed: Aug 2025
AlaskaLoan Laws & Regulations
Official regulatory reference for borrowers and lenders in Alaska. Includes permitted loan types, APR caps, lender licensing requirements, borrower rights, and government source links.
Max Loan
$500
Typical APR
435% APR
Max Term
31 days
Legal Status
Legal
Alaska Lending Regulator
The Alaska Dept of Commerce oversees consumer lending in Alaska, including licensing, enforcement, and consumer complaint resolution. Before borrowing from any lender, verify their license using the official regulator lookup tool linked above.
Regulatory Details
Detailed regulatory data for Alaska is sourced directly from the Alaska Dept of Commerce. For the most current requirements, visit: https://www.commerce.alaska.gov/
Current Overview
Get fast payday loans in Alaska up to $500. Licensed lenders serving Anchorage, Fairbanks, and statewide with same-day approval.
Legal Status: Legal · APR Range: 435% APR · Max Amount: $500
Alaska Lending FAQ
Are payday loans legal in Alaska?▼
Yes. Payday loans are legal and regulated in Alaska under the oversight of the Alaska Dept of Commerce. Current APR range: 435% APR. Maximum loan: $500.
What is the maximum payday loan I can get in Alaska?▼
The maximum short-term loan amount in Alaska is $500. A $500 loan for 14 days in AK costs approximately $75 in fees. APR: 435%.
Who regulates payday lenders in Alaska?▼
The Alaska Dept of Commerce is the primary state regulator. You can verify any lender's license at https://www.commerce.alaska.gov/. Unlicensed lenders operating in Alaska are illegal — always verify before borrowing.
What are the alternatives to payday loans in Alaska?▼
Consider credit union PAL (Payday Alternative Loan) programs, licensed personal loan lenders, or non-profit credit counseling services in Alaska.