Ilwaco at a glance
- Population: 1,116 residents, the 197th-largest of 281 places in Washington (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,087 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: an increase of about 2.7% since the 2020 count (US Census Bureau).
- Rank among Washington places: 197th by size among 281 communities (US Census Bureau).
- Size percentile: it is larger than about 30% of the places in Washington (US Census Bureau).
- Coordinates: 46.3127, -124.0267 (US Census Bureau Gazetteer).
- Nearest larger cities: Long Beach, WA (4 mi); Warrenton, OR (11 mi); Astoria, OR (13 mi); Gearhart, OR (20 mi); Seaside, OR (23 mi), each a US Census place with its estimated population.
- Smaller places close by: Cathlamet, WA (32 mi); Pe Ell, WA (39 mi); Manzanita, OR (41 mi) (US Census Bureau).
What a personal loan costs in Ilwaco
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Washington lending rules that apply in Ilwaco
Each row below is a Washington rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer Loan Company license required (Consumer Loan Act, RCW 31.04.035) Source says: No person may engage in any activity subject to this chapter without first obtaining and maintaining a license in accordance with this chapter. | Washington State Legislature (RCW) as of 2026-09-16 |
| State lending regulator | Washington State Department of Financial Institutions (DFI) Source says: DFI licenses and regulates financial institutions and service providers in Washington. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum, or four points above the Federal Reserve bill rate, whichever is higher (RCW 19.52.020) Source says: any rate of interest shall be legal so long as the rate of interest does not exceed the higher of: (a) Twelve percent per annum | Washington State Legislature (RCW) as of 2026-09-16 |
| Payday lending status | Licensed; small loans capped at $700 or 30% of monthly income, max 45 days, fees 15% on first $500 and 10% above (RCW 31.45) Source says: Payday lenders must be licensed by DFI — including online lenders that do business with Washington residents. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
How to compare offers in Ilwaco
A few practical steps will make the process in Ilwaco less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Washington using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.