Personal loans in Chevak, AK
Every figure below is Alaska's own, applied to Chevak's 908 residents, with the publisher and retrieval date attached. The roughly 908 people who live in Chevak borrow under Alaska rules; city hall sets no personal-loan rate. Roughly 908 residents live in Chevak, the 29th-largest community in Alaska. Chevak lost roughly 4.6% of its population across the 2020-to-2023 comparison. Work out your debt-to-income ratio first; lenders weigh it heavily, and Chevak's 908 residents are no exception. A larger market lies at Hooper Bay, AK about 17 miles away.
Chevak: the sourced local profile
Only a few things actually differ by place — population, area, location, and the Alaska rules a lender must follow — and they are below.
- Population: 908 — Chevak ranks 29th of 149 communities in Alaska (US Census Bureau, Vintage 2023).
- Population trend: A decline of about 4.6% across the 2020-to-2023 comparison.
- People gained or lost: about 44 fewer since the 2020 base.
- Size percentile: Chevak sits ahead of around 81% of Alaska places, at 908 people.
- Density: roughly 794 residents per square mile, spread over 1.1 sq mi of land.
- Land area rank: Chevak's 1.1 square miles rank 136th of 149 places in Alaska.
- State share: roughly 0.2% of Alaska's residents live in Chevak (908 people).
- National rank: Chevak is the 10,655th most populous of the 19,457 Census places covered here.
- Growth rank: Chevak ranks 110th among Alaska's 149 places for the 2020-to-2023 change.
- Against the state trend: Chevak's 4.6% change compares with a Alaska average of -3.1% across its 149 places.
- Density rank: Chevak places 10th among Alaska's places by people per square mile.
- Density vs Alaska: Chevak's 794 people per square mile compare with a state median of 40.
- Location: coordinates 61.5296, -165.5941 (US Census Bureau Gazetteer).
- Nearest larger cities: Hooper Bay (17 mi). Lenders licensed in the state serve Chevak whether or not they keep a local branch.
- Smaller places nearby: Scammon Bay (22 mi); Toksook Bay (71 mi); Nunam Iqua (71 mi).
- Within a 50-mile radius: 1 smaller Census places.
- Larger places within 100 miles: 1.
What is available to Chevak borrowers
Chevak is moderately settled, with about 794 people per square mile and 1 larger places within 50 miles. A Alaska licence lets a lender serve Chevak without a local office, so branch density does not change what its 908 residents are offered. For a larger market, the closest option is Hooper Bay, AK about 17 miles away.
Chevak on the map
Inside Chevak's boundaries lie about 1.1 square miles of land, with no significant water area recorded. That land carries about 794 people per square mile. The state's population centre of gravity, Anchorage, is roughly 539 miles away. Within 50 miles of Chevak there are 1 larger Census places. Within the same 50 miles lie 1 smaller Census places.
Chevak against the rest of Alaska
Within Alaska, Chevak holds roughly 0.2% of all residents, the 29th-largest share among 149 places. For population change between 2020 and 2023, Chevak ranks 110th of 149 in Alaska (about the 26th percentile). Its roughly 794 residents per square mile place it 10th among Alaska's places. The population moved by about 44 people between 2020 and 2023, a 4.6% shift.
The anatomy of a Chevak personal loan
Chevak is a small community of about 908 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Chevak. A longer term lowers the monthly payment on a Chevak loan but raises total interest, so the smallest payment is not the cheapest loan.
Alaska consumer-lending rules applied in Chevak
This table holds the Alaska rate and licensing rules for consumer loans made to Chevak's 908 residents.
| 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 |
| Payday lending status | Permitted — licensed deferred deposit advances; max $500 outstanding per borrower; origination fee ≤$5; fee ≤$15 per $100 or 15%; minimum 14-day term Source says: "may not make advances to an advance recipient that exceed $500 outstanding in advances to the recipient at one time"; "a fee that does not exceed $15 for each $100 of an advance, or 15 percent of the total amount of the advance". | Alaska Legislature — Alaska Statutes §§ 06.50.410, 06.50.460 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 |
Common questions
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Nearby places
- Scammon Bay, AK — population 578
- Hooper Bay, AK — population 1,308
- Toksook Bay, AK — population 638
- Nunam Iqua, AK — population 209
- Nightmute, AK — population 293
- Mekoryuk, AK — population 200
- Alakanuk, AK — population 723
- Emmonak, AK — population 787