Alaska calls payday loans deferred deposit advances: short-term cash loans repaid in a lump sum, often through a held check or bank-account access. Confirm the exact repayment authorization and date.
Ask for the dollar fee, total repayment, and APR in writing. Check whether repayment leaves enough for basic expenses; a short-term lump sum can be much larger than the fee headline suggests.
Alaska says payday lenders, including out-of-state lenders, must be licensed. Check the Division of Banking and Securities’ license information; the Division investigates complaints. The state points to AS 06.50.400–06.50.560 for detailed limits.
Official reference: Alaska Division of Banking and Securities — Deferred Deposit Advances. Checked November 11, 2026.