Holy Cross at a glance
- Population: about 170 residents, ranking 111th of 149 Census places in Alaska (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 178 residents here (US Census Bureau).
- 2020 to 2023 change: about 4.5% lower than the 2020 Census base (US Census Bureau).
- Rank among Alaska places: 111th largest of 149 (US Census Bureau).
- Size percentile: about 26% of Alaska's Census places are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 62.1851, -159.8588.
- Nearest larger cities (within 120 miles): Aniak, AK (43 mi); Upper Kalskag, AK (47 mi); Lower Kalskag, AK (49 mi); Grayling, AK (50 mi); Russian Mission, AK (56 mi) (US Census Bureau populations).
- Nearest smaller places: Anvik, AK (33 mi); Shageluk, AK (35 mi); Chuathbaluk, AK (47 mi) (US Census Bureau estimates).
What a personal loan costs in Holy Cross
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Alaska lending rules that apply in Holy Cross
The table carries the Alaska rate and licensing rules that apply to consumer loans made in Holy Cross.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
| 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 to compare offers in Holy Cross
The order below is a sensible way to approach a loan in Holy Cross:
- 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 Alaska using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.