Logan at a glance
- Population: roughly 1,337 people; 83rd of 230 places in West Virginia (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,437 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a loss of about 7.0% since the 2020 count (US Census Bureau).
- Rank among West Virginia places: 83rd of the state's 230 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 64% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: 37.8519 latitude, -81.9881 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Madison, WV (18 mi); Williamson, WV (20 mi); Oceana, WV (22 mi); Marmet, WV (35 mi); Wayne, WV (36 mi) (US Census Bureau).
- Nearest smaller towns: West Logan, WV (1 mi); Mitchell Heights, WV (4 mi); Chapmanville, WV (8 mi) — US Census Bureau populations.
What a personal loan costs in Logan
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
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 Logan
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Logan
Before you share your details with a lender in Logan:
- 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.