Exmore at a glance
- Population: 1,431 residents, the 113th-largest of 227 places in Virginia (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,480 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down about 3.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Virginia places: 113th of 227 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 50% of places in Virginia are smaller (US Census Bureau).
- Coordinates: 37.5295, -75.8283 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Crisfield, MD (31 mi); Kilmarnock, VA (33 mi); Poquoson, VA (38 mi); Chincoteague, VA (39 mi); Pocomoke City, MD (40 mi) (US Census Bureau populations).
- Smaller towns nearby: Belle Haven, VA (2 mi); Nassawadox, VA (4 mi); Painter, VA (5 mi) (US Census Bureau).
What a personal loan costs in Exmore
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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 Exmore
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Exmore
The order below is a sensible way to approach a loan in Exmore:
- 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.