Marshall at a glance
- Population: 471, the 63rd-largest community in Alaska out of 149 (US Census Bureau, Vintage 2023).
- 2020 Census base: 492 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: roughly 4.3% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Alaska places: 63rd out of 149 Census places (US Census Bureau).
- Size percentile: about 58% of Alaska's Census places are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 61.8716, -162.0609.
- Nearest larger cities: Pilot Station, AK (27 mi); St. Mary's, AK (41 mi); Mountain Village, AK (55 mi); Nunapitchuk, AK (70 mi); Bethel, AK (75 mi) — straight-line distances, US Census Bureau populations.
- Smaller places close by: Russian Mission, AK (23 mi); Upper Kalskag, AK (61 mi); Lower Kalskag, AK (61 mi) (US Census Bureau).
What a personal loan costs in Marshall
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Alaska lending rules that apply in Marshall
The sourced rows below are the rules a licensed lender must follow when lending in Alaska, and therefore in Marshall.
| 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 Marshall
These steps are the ones that most affect the offer you receive in Marshall:
- 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.