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Personal loans in Bolivar, WV

Taking out a personal loan in Bolivar means a fixed monthly payment for a set term, and the APR you are quoted rests on your credit, income and debts. Census estimates count about 1,005 residents in Bolivar, making it the 100th-largest of 230 places in West Virginia. The rate caps and licensing requirements that apply to a lender in West Virginia are set out in the sourced table below.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Bolivar at a glance

  • Population: roughly 1,005 people; 100th of 230 places in West Virginia (Census Vintage 2023 subcounty estimate).
  • 2020 Census base: 1,036 people (US Census Bureau, 2020 Census count).
  • 2020 to 2023 change: down about 3.0% from the 2020 Census base to the 2023 estimate (US Census Bureau).
  • Rank among West Virginia places: the 100th-largest of 230 (US Census Bureau, 2023 estimate).
  • Size percentile: it is larger than about 57% of the places in West Virginia (US Census Bureau).
  • Coordinates: it sits at 39.3242, -77.7517 in the US Census Bureau Gazetteer.
  • Nearest larger cities (120-mile radius): Brunswick, MD (7 mi); Lovettsville, VA (7 mi); Ranson, WV (7 mi); Shepherdstown, WV (8 mi); Charles Town, WV (8 mi) (US Census Bureau).
  • Nearest smaller towns: Harpers Ferry, WV (1 mi); Rosemont, MD (7 mi); Burkittsville, MD (8 mi) (US Census Bureau).

What a personal loan costs in Bolivar

A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.

Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.

West Virginia lending rules that apply in Bolivar

Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.

RuleDetailSource
State lending regulatorWest Virginia Division of Financial Institutions (WV DFI)
Source says: The West Virginia Division of Financial Institutions is charged with the regulation and supervision of financial institutions chartered by the State of West Virginia.
West Virginia Division of Financial Institutions (WV DFI)
as of 2026-09-16
Maximum legal interest rate (usury cap)31% per year on unsecured loans of $3,500 or less; 27% on $3,500–$15,000; 18% above $15,000 (W. Va. Code § 46A-4-107)
Source says: the loan finance charge, calculated according to the actuarial method, may not exceed 31 percent per year
West Virginia Legislature (West Virginia Code)
as of 2026-09-16
Payday lending statusTraditional payday lending is generally prohibited; check cashers are regulated under W. Va. Code ch. 32A
Source says: Traditional "Payday Lenders" are generally prohibited within this state.
West Virginia Division of Financial Institutions (WV DFI)
as of 2026-09-16
Small-loan / installment lender licensingRegulated consumer lender license required from the Commissioner (W. Va. Code § 46A-4-101)
Source says: Unless a person has first obtained a license from the commissioner authorizing the person to make regulated consumer loans
West Virginia Legislature (West Virginia Code)
as of 2026-09-16

How to compare offers in Bolivar

A few practical steps will make the process in Bolivar less costly:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in West Virginia using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Bolivar?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Bolivar are the same as elsewhere in West Virginia.
How much can I borrow with a personal loan in Bolivar?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Bolivar require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Bolivar hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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