Car Title Loans in Alaska2026 Guide
Car title loans are prohibited in Alaska under the Alaska Small Loans Act (Alaska Stat. § 06.60.010). Understand state usury rate limits, consumer protections, and legal loan alternatives in 2026.
Legal Status & Regulations
Governing Law
Alaska Stat. § 06.60.010
Last Reviewed: April 2026
Law Summary
High-cost car title loans are illegal in Alaska. Under the Alaska Small Loans Act (Alaska Stat. § 06.60.010), consumer lenders are subject to strict interest rate caps supervised by the Division of Banking and Securities. Lenders cannot require vehicle titles as collateral for short-term high-APR financing. Any vehicle-secured loan issued in Alaska must comply with statutory rate caps, protecting state residents from predatory debt cycles.
Real Rate Example in Alaska
A $1,500 loan in Alaska at a typical market rate of APR over 30 days would result in approximately $150 in interest and fees. Always compare multiple offers to find the most competitive rate.
What Documents You Need
- A clear vehicle title in your name
- A valid government-issued ID (Driver's License)
- Proof of residency (Utility bill, etc.)
- Proof of income or ability to repay
- The vehicle itself for a quick inspection
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Title Loans Union Editorial Team
Loan Regulations & Guides
Our editorial team monitors state statutes, interest rate ceilings, and car title loan regulations across all 50 states. We analyze legal statutes, state regulatory filings, and consumer protection policies to provide clear, unbiased analysis of borrowing requirements and costs.
*Last reviewed: June 2026. Always verify with your state's financial regulatory body before applying. Laws change frequently.
Quick Info Card
Max Loan Amount
N/A
Max APR / Rate
N/A
Loan Term Range
Varies
Governing Body
AK Dept. of Commerce