Privacy & Security

Alaska Cash Advance

Cash advance loans are appealing to many people because they are quick and easy to attain with no credit check. This is one of the most convenient ways to get the money that you need right away. If you need a cash advance as soon as possible, then can help. It's very easy to get a loan with us, and you can apply online to get instant approval. It only takes a few minutes to fill out an application, and your money will be deposited in your account the same day. You can see from the laws listed below that an Alaska cash advance is not legal. However, has a group of lenders that can offer cash advances in all 50 states including Alaska.

At the beginning of 2006, the Alaska cash advance laws were still in place. The Small Loan Act caps the interest rates annually at 36% according to the Alaska Public Interest Research Group. This doesn't apply to loans that are $500 or less. Therefore, the cash advance loan business doesn't follow the law that makes it subject to a legal challenge from Alaska Legal Services Corporation.

Jean Ann Fox will be visiting Alaska as part of a series of discussion forums sponsored by the Alaska Public Interest Research Group. Ms Fox, of the Consumer Federation of America, has a lot of experience in the cash advance loan business in states across the nation. Cash advance lending is working in Alaska without legal authorization or approval. The legislature hasn't granted cash advance lenders an exception from the general usury law that caps 10.25 percent annual interest rates in Alaska. The companies that lend less than $500 to consumers are exempt from the Alaska Small Loan Law. They're not licensed as small loan companies by the state. Ms Fox stated that the industry is flourishing in that legal vacuum.

There are no legal Alaska cash advance lenders, but there are illegal lenders. The number of illegal lenders is undetermined. These kinds of lenders can take advantage of customers, so you need to be careful.

Bills can pile up quickly, and sometimes residents in Alaska don't have the finances to take care of them. It can be very stressful when you can't pay your bills. There is financial help available for Alaska residents and anyone who lives in the U.S. Our cash advance loan services are available for people who need money immediately. A cash advance will help you make the payments on all your bills. Receiving a quick cash advance can also help you pay day-to-day costs such as utilities, groceries, and automobile repairs. Go to and fill out the application.

Our company is committed to excellence and will give you unmatched service. The application process is very simple, and once you've finished filling it out, you'll quickly get a cash advance on your next paycheck. Our cash advance services are faster than any other service available, which is important when you need quick cash. We guarantee that our services are secure, so there's no need to worry about giving us your information. Take a few minutes to apply at, and you'll be relieved to have the money you need to pay your bills.

There are prohibitions placed on the cash advance business in Alaska. This is why there are no Alaska cash advance lenders. Businesses like this are not profitable in Alaska because these prohibitions include small interest rate caps and usury laws. There are 19 other states besides Alaska that prohibit these operations. Eight of the states require permits for the businesses to operate. Twenty-three states have regulations that govern how the lenders conduct their business.

When customers borrow money in Alaska, the banks are restricted to charging their customers 5% above the Twelfth Federal Reserve District Rate. This has caused problems for customers who only want to borrow a small amount of money. The banks aren't interested in giving customers small loans, so there's no way they can borrow only a small amount of money.

There's an interesting thing that came out of this law in Alaska. If the bank charges more than the allowable amount in interest charges, then a borrower can collect twice the sum of interest paid on a loan. This way, the banks make sure they adhere to the laws by not overcharging the Alaskan customer.

Loan splitting is also prohibited in Alaska under AS 6.20.230. This involves splitting two loans. With two different loans, the banks can take advantage and benefit from two interest rates. However, it's completely legal for a bank to approve a customer loan and then approve another loan later. This can only be done if the agreements don't state anything that violates loan-splitting restrictions.

Alaska Cash Advance - Cities

Anchorage Fairbanks Juneau Wasilla
Eagle River Hope Palmer