Personal loans in Aleknagik, AK
The first question in Aleknagik is not the rate on offer but whether the payment fits; about 199 people live here under Alaska lending law. With 199 residents, Aleknagik outranks about 30% of the communities in Alaska.
Aleknagik lost roughly 4.8% of its population across the 2020-to-2023 comparison. To lend to Aleknagik's 199 residents, a company must hold a Alaska licence, and each sourced row below names the regulator behind it. Pull your credit reports and line up at least three offers before you apply from Aleknagik. The next larger city is Dillingham, AK about 16 miles away.
The Aleknagik data picture
Set out below is Aleknagik's local context next to the state-level rules that reach every lender here.
- Population: the Census counts 199 residents in Aleknagik (Vintage 2023 subcounty estimate), the 105th-largest figure among Alaska's 149 places.
- Population trend: Roughly 4.8% fewer residents than the 2020 Census counted.
- Absolute change: 10 residents lost between 2020 and 2023.
- Size percentile: roughly 30% of Alaska's places have fewer residents than Aleknagik's 199.
- Density: roughly 7 residents per square mile, spread over 26.5 sq mi of land.
- By land area: Aleknagik ranks 35th among Alaska's 149 places, at 26.5 sq mi.
- Water area: Aleknagik has 16.97 square miles of water, ranking 22nd of 149 places in Alaska.
- State population share: Aleknagik accounts for about 0.0% of everyone in Alaska.
- National standing: Aleknagik ranks 16,502nd of 19,457 US places.
- Growth rank: Aleknagik's 2020-to-2023 change ranks 118th of 149 places in Alaska.
- State comparison: Alaska's places average -3.1% for 2020-to-2023, against Aleknagik's 4.8%.
- Density in Alaska: Aleknagik ranks 125th by people per square mile.
- Density vs Alaska: Aleknagik's 7 people per square mile compare with a state median of 40.
- Location: 59.2890, -158.6643 (Census Gazetteer coordinates).
- Nearest larger cities: Dillingham (16 mi); Manokotak (40 mi); New Stuyahok (50 mi); Togiak (63 mi); Goodnews Bay (103 mi). A branch is convenient; it is not what sets your APR.
- Smaller communities close by: Clark's Point (32 mi); Ekwok (42 mi); Egegik (85 mi), each with its own Census population profile.
- Within a 50-mile radius: 2 smaller Census places.
- Larger places within 100 miles: 4.
What to do before borrowing in Aleknagik
A sensible order of operations for a loan in Aleknagik, home to about 199 people:
- Get your credit reports, dispute what is wrong, and only then start shopping.
- Test your amount and term in the personal loan calculator first.
- Line up several pre-qualified offers and let the APR decide.
- Check the Alaska regulator's records to confirm the lender is licensed here.
- Read the disclosure for an origination fee and any prepayment penalty before signing.
- Make sure the new payment leaves room in a budget you already keep.
- Pick the shortest term whose payment you can comfortably afford.
What differs between Aleknagik and the rest of Alaska is not the process but the borrower's own file, among the 199 people here.
How lenders reach Aleknagik
Aleknagik is a sparsely settled community of about 199 people, with 2 larger places inside a 50-mile radius. Whether Aleknagik has a local branch or not, a Alaska-licensed lender can serve its 199 people online on the same terms. The nearest larger city, Dillingham, AK about 16 miles away.
What Alaska law requires in Aleknagik
Alaska has no separate rate rule for Aleknagik; the sourced rows below are what reach every lender that serves its 199 people.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Alaska Department of Commerce, Community, and Economic Development (Division of Banking and Securities) Source says: "department means the Department of Commerce, Community, and Economic Development". The Division of Banking and Securities (commerce.alaska.gov/web/dbs) administers the department's lending license programs. | Alaska Legislature — Alaska Statutes § 06.50.900(5) as of 2026-09-16 |
| Small-loan / installment lender licensing | License required from the department to make loans of $25,000 or less at above-legal rates; $25,000 liquid assets and $25,000 bond required Source says: "without first obtaining a license from the department"; "liquid assets of at least $25,000". | Alaska Legislature — Alaska Statutes §§ 06.20.010, 06.20.040 as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10.5% per annum default; by contract, the greater of 10% or 5 percentage points above the 12th Federal Reserve District advance rate (loans over $25,000 exempt) Source says: "The rate of interest in the state is 10.5 percent a year and no more on money after it is due"; "more than the greater of 10 percent or five percentage points above the annual rate charged member banks for advances by the 12th Federal Reserve District". | Alaska Legislature — Alaska Statutes § 45.45.010 as of 2026-09-16 |
How Aleknagik compares across Alaska
Among Alaska's 149 places, Aleknagik sits at 105th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Aleknagik stands 118th among Alaska's 149 places — roughly the 21th percentile. By density, at about 7 people per square mile, it ranks 125th in Alaska. Between 2020 and 2023 the count changed by roughly 10 residents.
Aleknagik: area, density and distance
The Census Gazetteer records 26.5 square miles of land and 16.97 square miles of water within Aleknagik. With 199 residents, the land area yields roughly 7 people per square mile. The state's population centre of gravity, Anchorage, is roughly 347 miles away. A 50-mile radius around Aleknagik takes in 2 places that are larger. Within the same 50 miles lie 2 smaller Census places.
Common questions
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What loan size can I expect in Aleknagik?
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Does comparing loans in Aleknagik cost me credit score points?
Nearby places
- Dillingham, AK — population 2,126
- Clark's Point, AK — population 63
- Manokotak, AK — population 464
- Ekwok, AK — population 103
- New Stuyahok, AK — population 491
- Egegik, AK — population 34
- Togiak, AK — population 778
- Pilot Point, AK — population 61