Louisa at a glance
- Population: a Census-estimated 2,150, placing it 92nd among Virginia's 227 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 1,983 (US Census Bureau).
- 2020 to 2023 change: population rose about 8.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Virginia places: 92nd-largest of 227 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 59% of places in Virginia are smaller (US Census Bureau).
- Coordinates: mapped at 38.0166, -77.9997 by the US Census Bureau Gazetteer.
- Nearest larger cities: Orange, VA (17 mi); Charlottesville, VA (26 mi); Culpeper, VA (31 mi); Ashland, VA (34 mi); Fredericksburg, VA (34 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Mineral, VA (5 mi); Gordonsville, VA (13 mi); Madison, VA (29 mi) (Census populations).
What a personal loan costs in Louisa
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
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.
Virginia lending rules that apply in Louisa
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Louisa
Here is a short checklist for comparing personal loans in Louisa:
- 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.