- Payday loans in Wasilla follow Alaska law (Alaska Statutes chapter 06.50 (Deferred Deposit Advances)).
- We could not verify a fee cap for Alaska; check current limits with the Alaska Division of Banking and Securities.
- The nearest larger city is Anchorage, about 29 miles away.
Wasilla at a glance
| Wasilla | |
|---|---|
| Population (2024 Census estimate) | 10,318 |
| Change since 2020 | +13.2% (growing fast) |
| County | Matanuska-Susitna Borough |
| Size rank among 93 Alaska places we cover | 4th |
| Share of Alaska’s population | 1.4% |
| Nearest larger city | Anchorage (about 29 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Matanuska-Susitna Borough | 1 |
| Other towns within 25 miles | 2 (about 8,852 residents) |
| Typical payday APR statewide (CRL 2023) | 424% |
There is no separate Wasilla payday law: Alaska rules apply here, and any lender serving Wasilla residents, online or in person, needs a license from the Alaska Division of Banking and Securities.
Credit unions near Wasilla
No credit union has its main office in Wasilla, but these are based elsewhere in Matanuska-Susitna Borough (NCUA, June 2026):
- Matanuska Valley Federal Credit Union in Palmer (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
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Payday loan rules that apply in Wasilla
In short, Alaska rules that cover Wasilla include: licensing: lenders must be licensed by the Division of Banking and Securities; limits: set by AS 06.50; check the Division’s deferred deposit page for current amounts and fees. See the full Alaska payday loan rules.
What a $300 loan costs in Wasilla
The Center for Responsible Lending put the typical APR on a $400 payday loan in Alaska at 424% (June 2023). We could not verify a fee cap for Alaska; check current limits with the Alaska Division of Banking and Securities. Check any offer with our payday loan calculator.
Other help in Matanuska-Susitna Borough before you borrow
Before a payday loan, Wasilla residents can usually find something cheaper:
- Local assistance through 211 covering Matanuska-Susitna Borough.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Wasilla
The nearest larger city is Anchorage, about 29 miles away. See all 93 Alaska cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Wasilla?
Yes. Payday loans are legal in Wasilla under Alaska state law, and lenders must be licensed by the Alaska Division of Banking and Securities.
How much does a payday loan cost in Wasilla?
We could not verify a fee cap for Alaska; check current limits with the Alaska Division of Banking and Securities. The typical statewide APR was 424% in 2023.
Where is the nearest credit union to Wasilla?
No credit union is headquartered in Wasilla, but Matanuska Valley Federal Credit Union is based in Palmer, also in Matanuska-Susitna Borough.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Alaska Division of Banking and Securities — Deferred deposit advance
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary