Personal loans in Larsen Bay, AK

With roughly 33 residents, Larsen Bay is a small community, and the lending rules its borrowers live under are written in Alaska, not by the city. An estimated 33 people make their home in Larsen Bay, a figure that ranks 145th in Alaska.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

A 2020-to-2023 comparison shows Larsen Bay down by about 2.9%. Which products a lender may offer to Larsen Bay's 33 residents follows from the Alaska consumer-lending framework. Pull your credit reports and line up at least three offers before you apply from Larsen Bay. Borrowers who want a bigger city can look to Old Harbor, AK about 33 miles away.

Larsen Bay by the numbers

The figures below are Larsen Bay's own — Census population, land area and coordinates — followed by the Alaska rules.

Population: 33 residents; Larsen Bay is the 145th-largest of 149 places in Alaska (US Census Bureau, Vintage 2023).
Population trend: About 2.9% below the 2020 Census base.
Change in people: the 2020-to-2023 comparison is a loss of about 1 residents.
Size percentile: about 3% of Alaska communities are smaller than Larsen Bay (33 residents).
Land and density: 4.0 square miles of land carry roughly 8 residents per square mile.
By land area: Larsen Bay ranks 109th among Alaska's 149 places, at 4.0 sq mi.
Water area: Larsen Bay has 2.27 square miles of water, ranking 64th of 149 places in Alaska.
State share: roughly 0.0% of Alaska's residents live in Larsen Bay (33 people).
National rank: Larsen Bay is the 19,193rd most populous of the 19,457 Census places covered here.
Growth in Alaska: Larsen Bay stands 44th by percentage change from 2020 to 2023, among 149 places.
Against the state trend: Larsen Bay's 2.9% change compares with a Alaska average of -3.1% across its 149 places.
Density rank: Larsen Bay places 123rd among Alaska's places by people per square mile.
Density vs Alaska: Larsen Bay's 8 people per square mile compare with a state median of 40.
Location: mapped by the US Census Bureau at 57.5299, -154.0012.
Nearest larger cities: Old Harbor (33 mi); Akhiok (41 mi); Port Lions (48 mi); Kodiak (61 mi); Ouzinkie (63 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
Within a 50-mile radius: 0 smaller Census places.
At 100 miles: 5 larger Census places fall inside that radius.

Larsen Bay on the map

Inside Larsen Bay's boundaries lie roughly 4.0 square miles of land and 2.27 square miles of water. The resulting density is about 8 people per square mile. The largest place in Alaska, Anchorage, lies about 302 miles away. Counting outward 50 miles, 3 larger communities surround Larsen Bay. Within the same 50 miles lie 0 smaller Census places.

Steps to take before a Larsen Bay loan

Before you hand your details to a lender in Larsen Bay, where the population is near 33:

Start with the credit file: order the reports, fix the errors, then apply.
Test your amount and term in the personal loan calculator first.
Collect three or more offers and compare them on APR, not on the advertised rate.
Confirm the Alaska licence with the regulator named above before committing.
Do not borrow more than the expense calls for, even if a lender approves a larger amount.
Decide the purpose and how you will repay it before approaching any lender.
If the balances are already a strain, seek nonprofit credit counselling before adding a loan.

In Larsen Bay as elsewhere in Alaska, the written terms — not the advertisement — are what count for its 33 residents.

Larsen Bay in state context

Set beside Alaska's 149 places, Larsen Bay ranks 145th by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 44th of 149 Alaska places, putting it near the 70th percentile for growth. Its roughly 8 residents per square mile place it 123rd among Alaska's places. Between 2020 and 2023 the count changed by roughly 1 residents.

Lender access in Larsen Bay

Larsen Bay is sparsely settled, with about 8 people per square mile and 3 larger places within 50 miles. What is available to Larsen Bay's 33 borrowers is set by Alaska licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Old Harbor, AK about 33 miles away.

The Alaska lending rules that reach Larsen Bay

The rows below set out what a licensed lender must follow in Alaska, and so for Larsen Bay's roughly 33 residents.

Rule	Detail	Source
State lending regulator	Alaska Department of Commerce, Community, and Economic Development (Division of Banking and Securities) Source says: "department means the Department of Commerce, Community, and Economic Development". The Division of Banking and Securities (commerce.alaska.gov/web/dbs) administers the department's lending license programs.	Alaska Legislature — Alaska Statutes § 06.50.900(5) as of 2026-09-16
Maximum legal interest rate (usury cap)	10.5% per annum default; by contract, the greater of 10% or 5 percentage points above the 12th Federal Reserve District advance rate (loans over $25,000 exempt) Source says: "The rate of interest in the state is 10.5 percent a year and no more on money after it is due"; "more than the greater of 10 percent or five percentage points above the annual rate charged member banks for advances by the 12th Federal Reserve District".	Alaska Legislature — Alaska Statutes § 45.45.010 as of 2026-09-16
Payday lending status	Permitted — licensed deferred deposit advances; max $500 outstanding per borrower; origination fee ≤$5; fee ≤$15 per $100 or 15%; minimum 14-day term Source says: "may not make advances to an advance recipient that exceed $500 outstanding in advances to the recipient at one time"; "a fee that does not exceed $15 for each $100 of an advance, or 15 percent of the total amount of the advance".	Alaska Legislature — Alaska Statutes §§ 06.50.410, 06.50.460 as of 2026-09-16

Compare personal loan offers Run the numbers first

Common questions

What are my options in Larsen Bay if my credit is poor?

Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Larsen Bay is the same as anywhere in Alaska.

What loan size can I expect in Larsen Bay?

Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.

Do I have to pledge anything to borrow in Larsen Bay?

For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.

Does comparing loans in Larsen Bay cost me credit score points?

Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Akhiok, AK — population 64
Old Harbor, AK — population 207
Port Lions, AK — population 165
Ouzinkie, AK — population 102
Kodiak, AK — population 5,354
Newhalen, AK — population 150
Nondalton, AK — population 118
Seldovia, AK — population 248