Omak at a glance
- Population: about 5,004 residents, ranking 122nd of 281 Census places in Washington (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 4,859 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 3.0% more residents than the 2020 Census base (US Census Bureau).
- Rank among Washington places: 122nd of 281 by population (US Census Bureau, Vintage 2023).
- Size percentile: ahead of around 57% of Washington places in population terms (US Census Bureau).
- Coordinates: 48.4223 / -119.5306, per the US Census Bureau Gazetteer.
- Nearest larger cities: Colville, WA (75 mi); Ephrata, WA (77 mi); Wenatchee, WA (78 mi); East Wenatchee, WA (78 mi); Quincy, WA (83 mi); US Census Bureau population estimates.
- Nearest smaller towns: Okanogan, WA (4 mi); Riverside, WA (6 mi); Conconully, WA (14 mi) (US Census Bureau).
What a personal loan costs in Omak
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
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.
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.
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.
Washington lending rules that apply in Omak
The sourced rows below are the rules a licensed lender must follow when lending in Washington, and therefore in Omak.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Omak
These steps are the ones that most affect the offer you receive in Omak:
- 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.