Mansfield at a glance
- Population: roughly 328 people; 252nd of 281 places in Washington (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 328 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about the same as at the 2020 Census (US Census Bureau).
- Rank among Washington places: 252nd largest of 281 (US Census Bureau).
- Size percentile: about 10% of places in Washington are smaller (US Census Bureau).
- Coordinates: it sits at 47.8119, -119.6380 in the US Census Bureau Gazetteer.
- Nearest larger cities: Bridgeport, WA (14 mi); Chelan, WA (18 mi); Pateros, WA (21 mi); Brewster, WA (21 mi); Coulee City, WA (21 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Hartline, WA (26 mi); Elmer City, WA (34 mi); Wilson Creek, WA (36 mi) (Census populations).
What a personal loan costs in Mansfield
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Washington lending rules that apply in Mansfield
The sourced rows below are the rules a licensed lender must follow when lending in Washington, and therefore in Mansfield.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mansfield
These steps are the ones that most affect the offer you receive in Mansfield:
- 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.