Kenmore at a glance
- Population: 23,391, the 48th-largest community in Washington out of 281 (US Census Bureau, Vintage 2023).
- 2020 Census base: 23,914 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 2.2% below the 2020 Census base (US Census Bureau).
- Rank among Washington places: 48th in population of 281 places (US Census Bureau).
- Size percentile: about 83% of places in Washington are smaller (US Census Bureau).
- Coordinates: 47.7499 / -122.2472, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Bothell, WA (3 mi); Kirkland, WA (4 mi); Shoreline, WA (5 mi); Lynnwood, WA (6 mi); Edmonds, WA (7 mi) (US Census Bureau).
- Smaller towns nearby: Lake Forest Park, WA (2 mi); Brier, WA (3 mi); Mountlake Terrace, WA (4 mi) (US Census Bureau).
What a personal loan costs in Kenmore
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
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 Kenmore
The table lists the Washington rules that apply to a loan made in Kenmore, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Kenmore
These steps are the ones that most affect the offer you receive in Kenmore:
- 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.