People tend to think of Anchorage as a port in a barren wasteland but that’s completely untrue. This is a major city with all the trees and wildlife you’d find in a rural setting just outside the city. This city has temperatures similar to Montana or North Dakota most of the year with cold winters and hot summers.

Alaska is often considered the last frontier of natural resources and is a very popular destination for tourists who want to see glaciers and wildlife or just experience the region in a low population area to camp, fish and hunt.

Prices in Anchorage can be higher than normal for certain items and it’s pretty common for people to need a payday loan to help make ends meet or to have a nicer holiday season or vacation. These are legal in this state and have fairly decent interest rates.

Payday Loan Rates In Anchorage

Maximum Loan Amount: $500

Maximum Finance Rate: $17.50 on every $100 borrowed with a repayment period of 14 days. 3% extra per month can be added if loan defaults.

Annual Percentage Rate: 456.25%

Minimum Payoff Time: 10-31 Days

Extensions Allowed: One rollover allowed. Repayment plan may be arranged if inability to pay in time.

Top Payday Loan Companies in Anchorage

Money Mart
5905 Lake Otis Parkway
Anchorage, AK
(907) 222-6724

Money Mart is a well known payday loan company that has offices across the US and has quite a few local offices in Anchorage, Alaska. This company has reasonable rates and lets you have a little bit of leeway when it comes to paying back your loan.

MoneyWorks, Inc.
Suite 101, 401 East Northern Lights Boulevard
Anchorage, AK
(907) 337-2274 ‎

MoneyWorks is a physical only company so as of 2012 you can’t apply online but if you live nearby you can get some good deals here. They have a small membership program so you may not even need to bring ID to cash checks or get payday loans once they know you.

Cash America Pawn
150 Muldoon Road, Anchorage, AK
(877) 421-2000
cashamerica.com

Cash America Pawn offers you the ability to not just get larger payday loans but you can also get smaller loans on jewelry, tools, electronics and other goods as long as they are worth something and in good shape. This helps give you some good options for some quick cash.

Advance Til Payday
618 Gambell St # A
Anchorage, AK
(907) 646-9292 ‎

Advance Til Payday is another physical store in Anchorage that caters to people in the nearby regions. You can get a payday loan here of up to $500 minus the service fees and you’ll have up to a month to pay it back in full.

ColorTyme Sales and Lease
1920 West Dimond Boulevard
Anchorage, AK
Bayshore Mall
(907) 677-7988
renttoowndimondanchorageak.com

ColorTyme is a rent to own company where you can get furniture, appliances and electronics for your home but they also have a large payday loan department. This is a very customer friendly business and they will work with you in quite a few ways to help you get what you need.