Mitchell Heights at a glance
- Population: about 299, 181st by size in West Virginia of 230 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 316 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 5.4% below the 2020 Census base (US Census Bureau).
- Rank among West Virginia places: the 181st-largest of 230 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 21% of places in West Virginia rank below it by population (US Census Bureau).
- Coordinates: it sits at 37.9087, -81.9866 in the US Census Bureau Gazetteer.
- Nearest larger cities: West Logan, WV (3 mi); Logan, WV (4 mi); Chapmanville, WV (5 mi); Man, WV (13 mi); Danville, WV (15 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Kermit, WV (23 mi); Warfield, KY (24 mi); Sylvester, WV (24 mi) (US Census Bureau).
What a personal loan costs in Mitchell Heights
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Mitchell Heights
The West Virginia rate caps and licensing rules that reach Mitchell Heights are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mitchell Heights
Run through this list before signing anything in Mitchell Heights:
- 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.