Blackstone at a glance
- Population: 3,336 (US Census Bureau, Vintage 2023 subcounty estimate), the 75th-largest of 227 places in Virginia.
- 2020 Census base: 3,359 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: down about 0.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Virginia places: 75th of 227 by population (US Census Bureau, Vintage 2023).
- Size percentile: larger than about 67% of the Census places in Virginia (US Census Bureau).
- Coordinates: 37.0818, -78.0028 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: South Hill, VA (26 mi); Farmville, VA (26 mi); Petersburg, VA (35 mi); Colonial Heights, VA (36 mi); Emporia, VA (37 mi); each population is a US Census Bureau estimate.
- Nearest smaller places: Crewe, VA (10 mi); Kenbridge, VA (11 mi); Burkeville, VA (13 mi) (US Census Bureau estimates).
What a personal loan costs in Blackstone
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Virginia lending rules that apply in Blackstone
The sourced rows below are the rules a licensed lender must follow when lending in Virginia, and therefore in Blackstone.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Virginia State Corporation Commission, Bureau of Financial Institutions (BFI) Source says: The Bureau of Financial Institutions (BFI) is a regulatory division of the Virginia State Corporation Commission (SCC.) | Virginia State Corporation Commission (SCC) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per year maximum contract rate, except as otherwise permitted by law (Va. Code § 6.2-303) Source says: no contract shall be made for the payment of interest on a loan at a rate that exceeds 12 percent per year | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| Payday lending status | Legal via licensed short-term lenders; interest capped at a 36% simple annual rate plus limited fees (Va. Code § 6.2-1817) Source says: Interest at a simple annual rate not to exceed 36 percent | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer finance license required from the State Corporation Commission (Va. Code § 6.2-1501) Source says: No person shall engage in the business of making loans to individuals for personal, family, household, or other nonbusiness purposes | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
How to compare offers in Blackstone
Before you share your details with a lender in Blackstone:
- 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 Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.