CashWhat Do You Need to Apply?
Here is what we ask for to verify your loan eligibility in Alaska:
How to Get a Payday Loan in Alaska
Applying through Cash Day USA is a quick, simple, and secure process:
Apply Online or In-Store
Fill out our quick online form or visit our Anchorage location. Provide your ID, proof of income, and bank account details. Takes only a few minutes.
Get Approved in Minutes
We run a soft credit check with no impact on your score and review your application instantly. Most customers receive a decision in under 5 minutes.
Receive Your Cash
Once approved and signed, funds are deposited directly to your bank account — same day if approved before 10:30 AM on a weekday, or pick up cash in-store.
*Loans originated before 10:30 AM on weekdays are typically funded the same day. Applications after 10:30 AM or on weekends are processed on the next banking day.
Alaska Rates & Terms
In Alaska, payday loans have a minimum term of 14 days and cannot exceed $500 per borrower at any given time. The finance charge is up to 15% of the loan amount plus a non-refundable origination fee of up to $5.
A typical 14-day loan carries an annual percentage rate (APR) of approximately 390%–435%. One renewal is permitted, after which a 14-day cooling-off period applies, or you may opt into an installment repayment plan at no additional charge.
*The finance charge includes a $5 origination fee that is non-refundable.
| Loan Amount | Finance Charge | Total Payment | APR (14-day) | APR (31-day) |
|---|---|---|---|---|
| $100 | $20 | $120 | 521.43% | 235.48% |
| $200 | $35 | $235 | 456.25% | 206.05% |
| $300 | $50 | $350 | 434.52% | 196.24% |
| $400 | $65 | $465 | 423.66% | 191.33% |
| $500 | $80 | $580 | 417.14% | 188.39% |
How Alaska Laws Protect You
Alaska law and state regulations are designed to give borrowers important protections:
About Cash Day USA in Alaska
Cash Day USA is a state-licensed direct lender serving customers in Alaska since 2019. We believe every Alaskan deserves access to transparent, fair emergency credit — without the runaround of traditional banks.
Our Anchorage location on Lake Otis Parkway is staffed by friendly, knowledgeable team members who can walk you through the entire process in person. Prefer to stay home? Our fully online application takes just a few minutes, and you can get a decision instantly — any time of day or night.
We are fully licensed and compliant with Alaska Statute § 06.50, ensuring every loan we offer meets state consumer-protection standards. Over 140,000 customers nationwide have trusted us with their short-term borrowing needs.
Get quick cash in Alaska today!
Apply online or visit one of our Alaska locations — it takes only minutes.
Apply Now