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Personal loans in Grantsville, WV

Taking out a personal loan in Grantsville means a fixed monthly payment for a set term, and the APR you are quoted rests on your credit, income and debts. With roughly 471 people, Grantsville ranks 151st of 230 Census places in West Virginia. Lenders in West Virginia work under state rate caps and licensing rules, each listed with its publisher in the table below.

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

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Grantsville at a glance

  • Population: a Census-estimated 471, placing it 151st among West Virginia's 230 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: 495 residents at the 2020 Census (US Census Bureau, 2020 count).
  • 2020 to 2023 change: a loss of about 4.8% since the 2020 count (US Census Bureau).
  • Rank among West Virginia places: 151st in population of 230 places (US Census Bureau).
  • Size percentile: it exceeds roughly 34% of West Virginia's Census places by population (US Census Bureau).
  • Coordinates: 38.9207, -81.0932 (US Census Bureau Gazetteer).
  • Nearest larger cities (within 120 miles): Glenville, WV (14 mi); Spencer, WV (16 mi); Elizabeth, WV (19 mi); Harrisville, WV (20 mi); Gassaway, WV (25 mi) (US Census Bureau populations).
  • Smaller places nearby: Auburn, WV (18 mi); Reedy, WV (18 mi); Sand Fork, WV (19 mi), per US Census Bureau estimates.

What a personal loan costs in Grantsville

The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.

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.

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.

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 Grantsville

Each row below is a West Virginia rule with its publisher and the date it was retrieved.

RuleDetailSource
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
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

How to compare offers in Grantsville

Before you commit to a personal loan in Grantsville, work through these steps:

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