Payday loans in Alaska: what the law allows
Yes. Alaska allows payday loans up to $500, with a fee limit of $5 origination fee plus $15 per $100 (or 15%, whichever is less). We haven't confirmed Alaska's car title loan rules yet.
Alaska
Payday loans
Allowed
Car title loans
Not confirmed yet
- Largest loan
- $500
- Fee limit
- $5 origination fee plus $15 per $100 (or 15%, whichever is less)
- Shortest term
- 14 days
- Renewals (rollovers)
- Allowed
“A licensee, including a licensee with more than one location, may not make advances to an advance recipient that exceed $500 outstanding in advances to the recipient at one time.”
Alaska Division of Banking and SecuritiesLook up a lender's license
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
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Common questions
Are payday loans legal in Alaska?
Yes. Alaska allows payday loans up to $500, with a fee limit of $5 origination fee plus $15 per $100 (or 15%, whichever is less).
Are car title loans legal in Alaska?
We haven't confirmed Alaska's car title loan rules yet.
How do I check a lender's license in Alaska?
Look the lender up with Alaska Division of Banking and Securities, which licenses lenders in Alaska.
Do these rules protect service members?
Yes. The Military Lending Act limits payday and car title loans for covered service members to 36%, in every state.
Information, not legal advice. Laws change; confirm with the state regulator.