Car Title Loans in Alaska2026 Guide
Title loans are not permitted in Alaska due to strict small loan interest rate caps.
Legal Status & Regulations
Governing Law
Alaska Stat. § 06.60.010
Last Reviewed: April 2026
Law Summary
Alaska effectively prohibits high-interest title lending through the Alaska Small Loans Act (Alaska Stat. § 06.60.010). The law imposes a strict interest rate cap on consumer loans, which makes the typical high-APR title loan model unfeasible for lenders. Any loan secured by a vehicle title must comply with these low-rate caps, protecting 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
Consumer Finance & State Regulations Research
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