Lawrenceville at a glance
- Population: 1,001 — 139th in Virginia, which has 227 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,015 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population fell about 1.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Virginia places: 139th of 227 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 39% of places in Virginia are smaller (US Census Bureau).
- Coordinates: mapped at 36.7565, -77.8539 by the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: South Hill, VA (15 mi); Emporia, VA (18 mi); Kenbridge, VA (21 mi); Blackstone, VA (24 mi); Roanoke Rapids, NC (24 mi) (US Census Bureau).
- Smaller places close by: Alberta, VA (7 mi); Brodnax, VA (11 mi); La Crosse, VA (14 mi) (US Census Bureau).
What a personal loan costs in Lawrenceville
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.
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.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Virginia lending rules that apply in Lawrenceville
The table carries the Virginia rate and licensing rules that apply to consumer loans made in Lawrenceville.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal via licensed short-term lenders; interest capped at a 36% simple annual rate plus limited fees (Va. Code § 6.2-1817) Source says: Interest at a simple annual rate not to exceed 36 percent | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer finance license required from the State Corporation Commission (Va. Code § 6.2-1501) Source says: No person shall engage in the business of making loans to individuals for personal, family, household, or other nonbusiness purposes | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| State lending regulator | Virginia State Corporation Commission, Bureau of Financial Institutions (BFI) Source says: The Bureau of Financial Institutions (BFI) is a regulatory division of the Virginia State Corporation Commission (SCC.) | Virginia State Corporation Commission (SCC) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per year maximum contract rate, except as otherwise permitted by law (Va. Code § 6.2-303) Source says: no contract shall be made for the payment of interest on a loan at a rate that exceeds 12 percent per year | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
How to compare offers in Lawrenceville
The order below is a sensible way to approach a loan in Lawrenceville:
- 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 Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.