Ellenboro at a glance
- Population: 243, the 193rd-largest community in West Virginia out of 230 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 223 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 9.0% since the 2020 count (US Census Bureau).
- Rank among West Virginia places: 193rd by size among 230 communities (US Census Bureau).
- Size percentile: about 16% of West Virginia's Census places are smaller (US Census Bureau).
- Coordinates: 39.2700, -81.0557 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Harrisville, WV (4 mi); Pennsboro, WV (5 mi); St. Marys, WV (12 mi); Belmont, WV (13 mi); West Union, WV (15 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Cairo, WV (7 mi); Pullman, WV (8 mi); Auburn, WV (16 mi) — US Census Bureau populations.
What a personal loan costs in Ellenboro
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
West Virginia lending rules that apply in Ellenboro
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Ellenboro
Before you commit to a personal loan in Ellenboro, 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 West Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.