Boyce at a glance
- Population: 786 residents, the 148th-largest of 227 places in Virginia (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 752 (US Census Bureau).
- 2020 to 2023 change: roughly 4.5% higher than at the 2020 Census (US Census Bureau).
- Rank among Virginia places: 148th in population of 227 places (US Census Bureau).
- Size percentile: about 35% of Virginia's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 39.0932, -78.0601 in the US Census Bureau Gazetteer.
- Nearest larger cities: Berryville, VA (6 mi); Winchester, VA (8 mi); Stephens City, VA (8 mi); Middletown, VA (12 mi); Front Royal, VA (13 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Round Hill, VA (16 mi); Middleburg, VA (19 mi); Hillsboro, VA (20 mi) — US Census Bureau populations.
What a personal loan costs in Boyce
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 is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the 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.
Virginia lending rules that apply in Boyce
Read the table as the compliance picture for a lender serving Boyce: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Boyce
The steps below are worth completing first when you borrow in Boyce:
- 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.