Loans in Kodiak Island Borough, AK: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Kodiak Island Borough, AK.
The median household in Kodiak Island Borough earns $86,250 a year, 7% below the Alaska median of $92,788. About 9% of residents live below the federal poverty line, and 38.9% of households rent their home.
What you need for a payday loan in Kodiak Island Borough
Most Kodiak Island Borough applicants can finish in one sitting if they have these ready:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Kodiak Island Borough
What Kodiak Island Borough borrowers use it for
handle the unexpected the same week
Holiday expensesgifts and travel without maxing a card
Rent duecover a short gap before payday
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
Which loans are available in Kodiak Island Borough
Payday Loans Legal
Payday loans ("deferred deposit advances") are legal in Alaska from lenders licensed under AS 06.50.
Personal Loans
Licensed small lenders: 3%/month on the first $850, 2%/month on the part up to $10,000, and any agreed rate on the part from $10,000 to $25,000.
Title Loans Limited
We found no Alaska statute that authorizes car-title loans.
Banks and credit unions in Kodiak Island Borough
Banks with branches in Kodiak Island Borough
4 FDIC-insured bank branches from 4 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| First National Bank Alaska | 1 | 218 Center Ave, Kodiak 99615 |
| Wells Fargo Bank, National Association | 1 | 202 W Marine Way, Kodiak 99615 |
| KeyBank National Association | 1 | 422 W Marine Way, Kodiak 99615 |
| Northrim Bank | 1 | 2695 Mill Bay Rd, Kodiak 99615 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Kodiak Island Borough
2 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Global | 2685 Mill Bay Rd, Kodiak 99615 |
| Credit Union 1 | 111 Lower Mill Bay Rd, Kodiak 99615 |
Source: NCUA credit union branch data, June 30, 2026.
All Alaska counties and cities
Frequently asked questions
Are payday loans legal in Kodiak Island Borough?
Kodiak Island Borough follows Alaska law. Payday loans ("deferred deposit advances") are legal in Alaska from lenders licensed under AS 06.50.
Are title loans legal in Kodiak Island Borough?
We found no Alaska statute that authorizes car-title loans.
Where can I get a small loan in Kodiak Island Borough?
Options include 4 bank and 2 credit-union locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Kodiak Island Borough?
Fill out our short online form from anywhere in Kodiak Island Borough. We share it with lenders in our network that serve Alaska; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I get a loan in Kodiak Island Borough with bad credit?
Yes, many lenders in our network work with Kodiak Island Borough residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Where can I get a loan in Kodiak Island Borough, AK?
You can apply at banks, credit unions and lenders in Kodiak Island Borough, or apply online from anywhere in the county. Online requests are often the quickest way to reach several lenders at once. Our free form sends a single request to lenders in our network that serve Alaska residents, and many give a decision within minutes. It takes about 3 minutes to see if you qualify.
Can I get an emergency loan in Kodiak Island Borough?
Yes. When an unexpected bill comes up, Kodiak Island Borough residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.
Can I get a loan in Kodiak Island Borough on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Kodiak Island Borough residents can start any time, and it takes about 3 minutes.