Hedgesville at a glance
- Population: the Census estimates 301 residents, ranking 180th of 230 places in West Virginia (Vintage 2023).
- 2020 Census base: the 2020 Census recorded 304 residents here (US Census Bureau).
- 2020 to 2023 change: about 1.0% below the 2020 Census base (US Census Bureau).
- Rank among West Virginia places: 180th largest of 230 (US Census Bureau).
- Size percentile: larger than about 22% of the Census places in West Virginia (US Census Bureau).
- Coordinates: 39.5544 / -77.9945, per the US Census Bureau Gazetteer.
- Nearest larger cities: Martinsburg, WV (7 mi); Clear Spring, MD (8 mi); Williamsport, MD (10 mi); Shepherdstown, WV (13 mi); Bath (Berkeley Springs), WV (13 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Harpers Ferry, WV (21 mi); Burkittsville, MD (22 mi); Rosemont, MD (25 mi) (US Census Bureau).
What a personal loan costs in Hedgesville
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
West Virginia lending rules that apply in Hedgesville
The West Virginia rate caps and licensing rules that reach Hedgesville are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Hedgesville
Run through this list before signing anything in Hedgesville:
- 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.