Personal loans in Mountain Village, AK

The first question in Mountain Village is not the rate on offer but whether the payment fits; about 594 people live here under Alaska lending law. About 594 people live in Mountain Village, placing it 48th of 149 Census places in Alaska.

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

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The closest larger place is Alakanuk, AK about 53 miles away. The trend for Mountain Village between 2020 and 2023 is downward by roughly 4.2%. Consumer lending that reaches Mountain Village's 594 residents is governed by Alaska statute; no city ordinance changes it. Price two or three terms so you can see which payment is truly affordable in Mountain Village.

Mountain Village: population, trend and location

Here is the sourced Census picture for Mountain Village, plus the Alaska lending rules that apply to a loan taken out here.

Population: about 594, ranked 48th of 149 places in Alaska (Census Vintage 2023 subcounty estimate).
Population trend: Roughly 4.2% fewer residents than the 2020 Census counted.
Change in people: the 2020-to-2023 comparison is a loss of about 26 residents.
Size percentile: Mountain Village's 594 people outrank roughly 68% of the places in Alaska.
Density: roughly 141 residents per square mile, spread over 4.2 sq mi of land.
By land area: Mountain Village ranks 105th among Alaska's 149 places, at 4.2 sq mi.
Water area: Mountain Village has 1.20 square miles of water, ranking 79th of 149 places in Alaska.
Within Alaska: about 0.1% of the state's population lives in Mountain Village.
National rank: Mountain Village sits 12,474th by population among the 19,457 places in this dataset.
Growth in Alaska: Mountain Village stands 91st by percentage change from 2020 to 2023, among 149 places.
State comparison: Alaska's places average -3.1% for 2020-to-2023, against Mountain Village's 4.2%.
Density in Alaska: Mountain Village ranks 46th by people per square mile.
Density vs Alaska: Mountain Village's 141 people per square mile compare with a state median of 40.
Location: latitude 62.0919, longitude -163.6953 (Census Gazetteer).
Nearest larger cities: Alakanuk (53 mi); Emmonak (54 mi); Kotlik (65 mi); Chevak (73 mi); Hooper Bay (89 mi). Living near a larger metro rarely changes what is available in Mountain Village.
Smaller communities close by: St. Mary's (15 mi); Pilot Station (28 mi); Nunam Iqua (48 mi), each with its own Census population profile.
Smaller neighbours: 3 places smaller than Mountain Village sit within 50 miles.
Larger places within 100 miles: 5.

Mountain Village on the map

Inside Mountain Village's boundaries lie roughly 4.2 square miles of land and 1.20 square miles of water. With 594 residents, the land area yields roughly 141 people per square mile. The state's population centre of gravity, Anchorage, is roughly 476 miles away. Within 50 miles of Mountain Village there are 0 larger Census places. The 100-mile radius contains 5 larger places.

How lenders reach Mountain Village

Mountain Village is lightly settled, with about 141 people per square mile and 0 larger places within 50 miles. A Alaska licence lets a lender serve Mountain Village without a local office, so branch density does not change what its 594 residents are offered. The nearest larger city, Alakanuk, AK about 53 miles away.

What to do before borrowing in Mountain Village

These steps shape the offer you get in Mountain Village, a place of about 594 people:

Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
Use the loan calculator to test the payment on your intended amount and term.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Confirm the Alaska licence with the regulator named above before committing.
Be clear on what the loan is for and how it gets repaid.
When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
Read the disclosure for an origination fee and any prepayment penalty before signing.

What differs between Mountain Village and the rest of Alaska is not the process but the borrower's own file, among the 594 people here.

How a Mountain Village personal loan is priced

Mountain Village is a small community of about 594 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Mountain Village. Because the payment is fixed, the total cost of a Mountain Village loan is knowable in advance — unlike a revolving card balance.

Which Alaska laws govern a loan in Mountain Village

Read the table as a lender's compliance picture for Mountain Village: the rule, the sourced figure, the publisher and the date.

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
Small-loan / installment lender licensing	License required from the department to make loans of $25,000 or less at above-legal rates; $25,000 liquid assets and $25,000 bond required Source says: "without first obtaining a license from the department"; "liquid assets of at least $25,000".	Alaska Legislature — Alaska Statutes §§ 06.20.010, 06.20.040 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

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Common questions

What are my options in Mountain Village 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 Mountain Village is the same as anywhere in Alaska.

What loan size can I expect in Mountain Village?

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 Mountain Village?

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 Mountain Village 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

St. Mary's, AK — population 577
Pilot Station, AK — population 592
Kotlik, AK — population 628
Emmonak, AK — population 787
Alakanuk, AK — population 723
Nunam Iqua, AK — population 209
Marshall, AK — population 471
Nunapitchuk, AK — population 580