Pilot Point at a glance
- Population: 61 people, the 139th-largest place among Alaska's 149 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 68 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 10.3% lower than the 2020 Census base (US Census Bureau).
- Rank among Alaska places: 139th-largest of 149 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 7% of Alaska's places have fewer residents (US Census Bureau).
- Coordinates: 57.5411, -157.7228 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Port Heiden, AK (51 mi); Chignik, AK (90 mi); Manokotak, AK (93 mi); Clark's Point, AK (94 mi); Dillingham, AK (109 mi) (US Census Bureau).
- Nearest smaller communities: Egegik, AK (46 mi), each a US Census place.
What a personal loan costs in Pilot Point
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Alaska lending rules that apply in Pilot Point
The sourced rows below are the rules a licensed lender must follow when lending in Alaska, and therefore in Pilot Point.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Pilot Point
The order below is a sensible way to approach a loan in Pilot Point:
- 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.