Payday Loans in Alaska | Cash Day USA

Requirements

What Do You Need to Apply?

Here is what we ask for to verify your loan eligibility in Alaska:

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Be at least 18 years old

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Valid government-issued photo ID

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Alaska citizen or permanent resident

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Proof of income (pay stub, bank statement, etc.)

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Active checking or savings account

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Valid email address and phone number

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Not currently in bankruptcy

Process

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.

Locations

Our Locations in Alaska

We deliver emergency assistance across the state. Visit the nearest location to get a payday loan in Alaska:

📍 Anchorage, AK ★ 4.8 (0)

At 6200 Lake Otis Pkwy #200, 99507
99507

(360) 215-8606

Payday Loans Installment Loans

View Location Details → Visit Store →

Rates & Terms

Alaska Rates & Terms

Payday loans in Alaska are regulated with specific limits and protections. The maximum loan amount is $500 with a standard term of 14-31 days. A typical 14-day loan carries an APR of approximately 12.5% APR.

Finance Charge	APR (14-day)	APR (31-day)
$20	521.43%	235.48%
$35	456.25%	206.05%
$50	434.52%	196.24%
$65	423.66%	191.33%
$80	417.14%	188.39%

📄 View In-store Rates PDF

Protection

How Alaska Laws Protect You

Alaska law and state regulations are designed to give borrowers important protections:

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Loan amount capped at $500 per borrower at any one time

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Minimum loan term of 14 days — no due date before your next payday

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One renewal allowed, followed by a mandatory 14-day cooling-off period

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Finance charge capped at 15% of the loan amount plus a one-time $5 origination fee

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Lenders must disclose all fees and APR before you sign

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Borrowers have the right to rescind the loan by the end of the next business day at no cost

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Installment repayment plan available after first renewal — no additional fees

Why Choose Us

About Cash Day USA in Alaska

Cash Day USA is a licensed direct lender serving Alaska residents. We specialize in fast, transparent payday loans designed for short-term emergency cash needs. With 1 convenient locations across Alaska plus a fully online application available 24/7, getting the emergency cash you need has never been easier.

We perform only a soft credit check with no impact on your FICO score. Our income-based approval means borrowers with bad credit or no credit history are welcome to apply. Over 140,000 customers nationwide have trusted us with their short-term lending needs.

Our Alaska customers rate us 4.8/5 stars across 1 locations. We're committed to transparent lending practices and compliance with all Alaska regulations.

⚠️ Customer Notice

Short-term loans are intended to cover urgent, short-term financial needs and should not be used as a long-term financial solution. If you are experiencing ongoing financial difficulty, we encourage you to seek free credit counseling. Typical payday loans cover a period of 14 to 31 days. Continued use over several months can result in significant costs.

Get quick cash in Alaska today!

Apply online or visit one of our 1 Alaska locations — it takes only minutes.

Apply Now

FAQ

Frequently Asked Questions about Alaska Payday Loans

Find answers to common questions about getting payday loans in Alaska:

How can I get in touch with the Anchorage store?

You can reach our Anchorage team by phone at (360) 215-8606 or by email at alaska@cashdayusa.com. We are happy to help with any questions before, during, or after your loan.

What is the maximum loan amount in Alaska?

Alaska law limits payday loans to $500 per borrower at any one time. If you need more, an installment loan may be available for up to $5,000 with repayment terms of up to 24 months, subject to eligibility.

When do I need to repay the loan?

Your repayment date will be clearly stated in your loan agreement — typically on or after your next payday, with a minimum term of 14 days. Payment is usually withdrawn automatically via ACH. We recommend ensuring your account has sufficient funds on the due date. Contact us in advance if you need to discuss options.

What does ACH/EFT authorization mean?

When you sign the loan agreement you authorize us to electronically debit your bank account for the full repayment amount on the due date. This authorization remains in place until the loan is repaid in full. If you wish to cancel it, you must do so in writing before the due date.

Can I refinance or renew my Alaska payday loan?

Yes. Alaska law permits one renewal of a payday loan. After the first renewal, a mandatory 14-day cooling-off period applies, or you may request an installment repayment plan with no additional fees. The refinance fee is $15 per $100 borrowed.

Can I apply if I live outside Anchorage?

Absolutely. You can apply fully online from any city in Alaska — Fairbanks, Juneau, Wasilla, Sitka, or anywhere else. The entire process is digital and secure, so there is no need to travel to our store.