Leavenworth at a glance
- Population: 2,412, the 156th-largest community in Washington out of 281 (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,262 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up roughly 6.6% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Washington places: 156th by size among 281 communities (US Census Bureau).
- Size percentile: it is larger than about 44% of the places in Washington (US Census Bureau).
- Coordinates: it sits at 47.5947, -120.6639 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Cashmere, WA (11 mi); Wenatchee, WA (19 mi); East Wenatchee, WA (22 mi); Chelan, WA (35 mi); Ellensburg, WA (41 mi) (US Census Bureau populations).
- Smaller towns nearby: Entiat, WA (21 mi); Waterville, WA (28 mi); Rock Island, WA (29 mi) (US Census Bureau).
What a personal loan costs in Leavenworth
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
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.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Leavenworth
The Washington rate caps and licensing rules that reach Leavenworth are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Leavenworth
Before you commit to a personal loan in Leavenworth, work through these steps:
- 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.