Hendricks at a glance
- Population: 220 people, the 198th-largest place among West Virginia's 230 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 228 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: down roughly 3.5% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among West Virginia places: 198th by size among 230 communities (US Census Bureau).
- Size percentile: larger than about 14% of the Census places in West Virginia (US Census Bureau).
- Coordinates: 39.0756, -79.6287 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Parsons, WV (3 mi); Thomas, WV (9 mi); Davis, WV (10 mi); Elkins, WV (16 mi); Belington, WV (17 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Hambleton, WV (1 mi); Montrose, WV (10 mi); Harman, WV (12 mi) — US Census Bureau populations.
What a personal loan costs in Hendricks
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
West Virginia lending rules that apply in Hendricks
The West Virginia rate caps and licensing rules that reach Hendricks 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 Hendricks
Before you share your details with a lender in Hendricks:
- 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.