Colville at a glance
- Population: a Census-estimated 5,037, placing it 121st among Washington's 281 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 4,929 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: up roughly 2.2% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Washington places: 121st of the state's 281 Census places (US Census Bureau).
- Size percentile: ahead of around 57% of Washington places in population terms (US Census Bureau).
- Coordinates: 48.5454, -117.8985 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Airway Heights, WA (64 mi); Sandpoint, ID (64 mi); Spokane, WA (64 mi); Spokane Valley, WA (68 mi); Rathdrum, ID (70 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Kettle Falls, WA (9 mi); Marcus, WA (11 mi); Chewelah, WA (20 mi), each a US Census place.
What a personal loan costs in Colville
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Washington lending rules that apply in Colville
The sourced rows below are the rules a licensed lender must follow when lending in Washington, and therefore in Colville.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 12% per annum, or four points above the Federal Reserve bill rate, whichever is higher (RCW 19.52.020) Source says: any rate of interest shall be legal so long as the rate of interest does not exceed the higher of: (a) Twelve percent per annum | Washington State Legislature (RCW) as of 2026-09-16 |
| Payday lending status | Licensed; small loans capped at $700 or 30% of monthly income, max 45 days, fees 15% on first $500 and 10% above (RCW 31.45) Source says: Payday lenders must be licensed by DFI — including online lenders that do business with Washington residents. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Loan Company license required (Consumer Loan Act, RCW 31.04.035) Source says: No person may engage in any activity subject to this chapter without first obtaining and maintaining a license in accordance with this chapter. | Washington State Legislature (RCW) as of 2026-09-16 |
| State lending regulator | Washington State Department of Financial Institutions (DFI) Source says: DFI licenses and regulates financial institutions and service providers in Washington. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
How to compare offers in Colville
Before you share your details with a lender in Colville:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Washington using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.