Grant Town at a glance
- Population: 674 residents, the 132nd-largest of 230 places in West Virginia (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 687 residents here (US Census Bureau).
- 2020 to 2023 change: population fell about 1.9% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among West Virginia places: 132nd of 230 by population (US Census Bureau, Vintage 2023).
- Size percentile: it exceeds roughly 43% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: mapped at 39.5608, -80.1779 by the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Rivesville, WV (4 mi); Barrackville, WV (4 mi); Fairmont, WV (6 mi); Monongah, WV (7 mi); Pleasant Valley, WV (8 mi) (US Census Bureau).
- Smaller places close by: Fairview, WV (4 mi); Farmington, WV (5 mi); Worthington, WV (8 mi) (US Census Bureau).
What a personal loan costs in Grant Town
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Grant Town
The West Virginia rate caps and licensing rules that reach Grant Town are listed below, each with its source and retrieval date.
| 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 Grant Town
Run through this list before signing anything in Grant Town:
- 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.