Iaeger at a glance
- Population: roughly 230 people; 195th of 230 places in West Virginia (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 256 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a loss of about 10.2% since the 2020 count (US Census Bureau).
- Rank among West Virginia places: 195th of 230 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 15% of places in West Virginia are smaller (US Census Bureau).
- Coordinates: it sits at 37.4690, -81.8113 in the US Census Bureau Gazetteer.
- Nearest larger cities: Gilbert, WV (11 mi); Welch, WV (12 mi); War, WV (13 mi); Kimball, WV (17 mi); Gary, WV (17 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Bradshaw, WV (8 mi); Davy, WV (9 mi); Keystone, WV (20 mi) (US Census Bureau).
What a personal loan costs in Iaeger
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
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.
West Virginia lending rules that apply in Iaeger
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Iaeger
Run through this list before signing anything in Iaeger:
- 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.