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Personal loans in Chapmanville, WV

A personal loan in Chapmanville is a fixed-payment installment loan, and the rate you are offered turns on your credit, your income and your existing debts. About 956 people live in Chapmanville, which ranks 104th of 230 Census places in West Virginia. Every lender serving West Virginia must observe the state's rate caps and licensing rules, shown with their sources below.

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

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Chapmanville at a glance

  • Population: about 956 residents, ranking 104th of 230 Census places in West Virginia (US Census Bureau, Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 Census recorded 1,019 residents here (US Census Bureau).
  • 2020 to 2023 change: a loss of about 6.2% since the 2020 count (US Census Bureau).
  • Rank among West Virginia places: 104th out of 230 Census places (US Census Bureau).
  • Size percentile: about 55% of places in West Virginia are smaller (US Census Bureau).
  • Coordinates: 37.9709, -82.0204 (Census Gazetteer, US Census Bureau).
  • Nearest larger cities within 120 miles: Logan, WV (8 mi); Madison, WV (14 mi); Hamlin, WV (22 mi); Williamson, WV (25 mi); Oceana, WV (29 mi) (US Census Bureau).
  • Smaller places close by: Mitchell Heights, WV (5 mi); West Logan, WV (7 mi); Danville, WV (13 mi) (US Census Bureau).

What a personal loan costs in Chapmanville

Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.

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.

Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.

West Virginia lending rules that apply in Chapmanville

The table lists the West Virginia rules that apply to a loan made in Chapmanville, each with the regulator that published it.

RuleDetailSource
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
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

How to compare offers in Chapmanville

The order below is a sensible way to approach a loan in Chapmanville:

  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 Chapmanville?
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 Chapmanville are the same as elsewhere in West Virginia.
How much can I borrow with a personal loan in Chapmanville?
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 Chapmanville 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 Chapmanville 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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