Winthrop at a glance
- Population: the Census estimates 578 residents, ranking 230th of 281 places in Washington (Vintage 2023).
- 2020 Census base: the 2020 count put the population at 501 (US Census Bureau).
- 2020 to 2023 change: roughly 15.4% higher than at the 2020 Census (US Census Bureau).
- Rank among Washington places: 230th out of 281 Census places (US Census Bureau).
- Size percentile: it is larger than about 18% of the places in Washington (US Census Bureau).
- Coordinates: latitude 48.4716, longitude -120.1791 (US Census Bureau Gazetteer).
- Nearest larger cities: Twisp, WA (8 mi); Okanogan, WA (28 mi); Omak, WA (30 mi); Brewster, WA (31 mi); Pateros, WA (32 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Conconully, WA (20 mi); Riverside, WA (31 mi); Mansfield, WA (52 mi) — US Census Bureau populations.
What a personal loan costs in Winthrop
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 every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
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.
Washington lending rules that apply in Winthrop
The Washington rate caps and licensing rules that reach Winthrop are listed below, each with its source and retrieval date.
| 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 Winthrop
The steps below are worth completing first when you borrow in Winthrop:
- 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.