Liberty Lake at a glance
- Population: 13,188 (US Census Bureau, Vintage 2023 subcounty estimate), the 74th-largest of 281 places in Washington.
- 2020 Census base: 12,002 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 9.9% higher than at the 2020 Census (US Census Bureau).
- Rank among Washington places: 74th-largest of 281 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 74% of the places in Washington (US Census Bureau).
- Coordinates: 47.6685, -117.1042 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Spokane Valley, WA (6 mi); Post Falls, ID (8 mi); Coeur d'Alene, ID (15 mi); Spokane, WA (15 mi); Hayden, ID (16 mi) (US Census Bureau).
- Nearest smaller communities: State Line, ID (4 mi); Hauser, ID (8 mi); Millwood, WA (8 mi) (Census populations).
What a personal loan costs in Liberty Lake
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Washington lending rules that apply in Liberty Lake
Each row below is a Washington rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Liberty Lake
Before you commit to a personal loan in Liberty Lake, work through these steps:
- 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.