Brodnax at a glance
- Population: about 284, 194th by size in Virginia of 227 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 287 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down about 1.0% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Virginia places: the 194th-largest of 227 (US Census Bureau, 2023 estimate).
- Size percentile: about 15% of Virginia's Census places are smaller (US Census Bureau).
- Coordinates: latitude 36.7030, longitude -78.0319 (US Census Bureau Gazetteer).
- Nearest larger cities: La Crosse, VA (3 mi); South Hill, VA (6 mi); Lawrenceville, VA (11 mi); Alberta, VA (13 mi); Kenbridge, VA (19 mi); US Census Bureau population estimates.
- Smaller places nearby: Macon, NC (18 mi); Middleburg, NC (27 mi); Halifax, NC (36 mi), per US Census Bureau estimates.
What a personal loan costs in Brodnax
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Virginia lending rules that apply in Brodnax
The table lists the Virginia rules that apply to a loan made in Brodnax, each with the regulator that published it.
| 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 Brodnax
Before you commit to a personal loan in Brodnax, 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 Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.