Camden-on-Gauley at a glance
- Population: about 122 residents, ranking 223rd of 230 Census places in West Virginia (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 127 (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 3.9% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among West Virginia places: 223rd in population of 230 places (US Census Bureau).
- Size percentile: ahead of around 3% of West Virginia places in population terms (US Census Bureau).
- Coordinates: mapped at 38.3690, -80.5975 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Cowen, WV (4 mi); Richwood, WV (11 mi); Addison (Webster Springs), WV (13 mi); Summersville, WV (14 mi); Sutton, WV (22 mi) (US Census Bureau populations).
- Smaller towns nearby: Thurmond, WV (38 mi); Auburn, WV (52 mi); New Castle, VA (66 mi) (US Census Bureau).
What a personal loan costs in Camden-on-Gauley
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
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 Camden-on-Gauley
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Regulated 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 |
| State lending regulator | West 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 status | Traditional 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 |
How to compare offers in Camden-on-Gauley
Run through this list before signing anything in Camden-on-Gauley:
- 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 West Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.