Napakiak at a glance
- Population: 344, the 81st-largest community in Alaska out of 149 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 355 (US Census Bureau).
- 2020 to 2023 change: roughly 3.1% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Alaska places: 81st-largest of 149 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 46% of Alaska places in population terms (US Census Bureau).
- Coordinates: 60.6906 / -161.9866, per the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Napaskiak, AK (8 mi); Bethel, AK (10 mi); Kwethluk, AK (20 mi); Nunapitchuk, AK (21 mi); Akiak, AK (30 mi) (US Census Bureau populations).
- Smaller towns nearby: Lower Kalskag, AK (79 mi); Upper Kalskag, AK (80 mi); Nightmute, AK (98 mi) (US Census Bureau).
What a personal loan costs in Napakiak
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Napakiak
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Napakiak
Here is a short checklist for comparing personal loans in Napakiak:
- 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.