Bowling Green at a glance
- Population: the Census estimates 1,225 residents, ranking 125th of 227 places in Virginia (Vintage 2023).
- 2020 Census base: 1,166 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: up roughly 5.1% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Virginia places: 125th by size among 227 communities (US Census Bureau).
- Size percentile: about 45% of Virginia's Census places are smaller (US Census Bureau).
- Coordinates: 38.0533 latitude, -77.3475 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Fredericksburg, VA (19 mi); Ashland, VA (21 mi); Colonial Beach, VA (24 mi); Tappahannock, VA (28 mi); Warsaw, VA (33 mi) (US Census Bureau).
- Nearest smaller communities: Port Royal, VA (11 mi); Montross, VA (29 mi); Mineral, VA (31 mi) (Census populations).
What a personal loan costs in Bowling Green
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Virginia lending rules that apply in Bowling Green
The Virginia rate caps and licensing rules that reach Bowling Green are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Bowling Green
Run through this list before signing anything in Bowling Green:
- 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.