Oakesdale at a glance
- Population: 392 people, the 245th-largest place among Washington's 281 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 395 (US Census Bureau).
- 2020 to 2023 change: down roughly 0.8% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Washington places: the 245th-largest of 281 (US Census Bureau, 2023 estimate).
- Size percentile: it is larger than about 13% of the places in Washington (US Census Bureau).
- Coordinates: 47.1305, -117.2464 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Rosalia, WA (10 mi); Garfield, WA (10 mi); Tekoa, WA (10 mi); Colfax, WA (15 mi); St. John, WA (16 mi) (US Census Bureau).
- Nearest smaller communities: Farmington, WA (10 mi); Latah, WA (11 mi); Malden, WA (13 mi), each a US Census place.
What a personal loan costs in Oakesdale
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
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 Oakesdale
The Washington rate caps and licensing rules that reach Oakesdale are listed below, each with its source and retrieval date.
| 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 Oakesdale
The steps below are worth completing first when you borrow in Oakesdale:
- 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.