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Lending Laws of Alaska

Alaska’s maximum loan amount is $500. Before you borrow that much, though, you should try to figure out the least amount of money you need for your loan. Remember, the less money you borrow, the less money you’ll have to pay back. The loan term in Alaska maxes out at 14 days, but you can extend your loan up to two times. That means you get two rollovers. The maximum finance rate and fees are $5 plus either $15 per $100 borrowed or 15%, whichever is lower.

In Alaska, you can apply for multiple cash advances. We suggest you only get one at a time, though. If you default on your loan, your lender is allowed to charge you a $30 NSF fee and up to $700 in court costs (on top of the amount of the payment). Remember, though, these are the maximum collection fees the lender can charge you. You will want to read through your specific agreement to see the charges associated with your specific lender and your specific loan.

Lenders in Alaska are not allowed to pursue criminal action against you unless you close the account associated with your check.

Alaska (AK)

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About Alaska

Alaska is in the Northwest corner of the continent of North America. Alaska does not touch any other US state. It has borders with Canada, the Arctic Ocean, the Pacific Ocean, and the Bering Strait.

Alaska is the biggest state in the United States. It is the 4th least populated state (there are 3 other states with fewer people living there.) It has the lowest population density of all the states. About half of the population of Alaska lives in the Anchorage metropolitan area. 722,718 people live in Alaska.

The United States bought Alaska from Russia on March 30, 1867. This was called the Alaska Purchase. It cost $7.2 million. Today, that would be $120 million. The price was about $0.02 per acre ($4.74/km2). Alaska became an organized (or incorporated) territory on May 11, 1912. It became the 49th state on January 3, 1959.

The capital city is Juneau, but the biggest city is Anchorage. Alaska is the biggest state in the United States, but it almost has the least people. Alaska has almost 20% of all the land in the U.S., but only about 0.2% of the people. It is not connected to any other states by American land, but it is connected to Canada.

Alaska has many glaciers, some of which are can be seen from passing cruise ships. Some are coastal, and others are not by the ocean. It is a popular tourist destination, as there is a very rich culture along with beautiful scenery. There are many wild animals in Alaska. Some of them are the brown bear, the moose, and the wolf.

Over 30000+ Alaska People using BRiLOANS for their emergency needs.