Moundsville at a glance
- Population: about 7,724, 17th by size in West Virginia of 230 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 8,083 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 4.4% below the 2020 Census base (US Census Bureau).
- Rank among West Virginia places: 17th in population of 230 places (US Census Bureau).
- Size percentile: larger than about 93% of the Census places in West Virginia (US Census Bureau).
- Coordinates: 39.9221 latitude, -80.7421 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Wheeling, WV (11 mi); Steubenville, OH (31 mi); Washington, PA (31 mi); Weirton, WV (35 mi); Canonsburg, PA (38 mi); US Census Bureau population estimates.
- Smaller places close by: Glen Dale, WV (2 mi); Shadyside, OH (3 mi); McMechen, WV (4 mi) (US Census Bureau).
What a personal loan costs in Moundsville
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 Moundsville
The table carries the West Virginia rate and licensing rules that apply to consumer loans made in Moundsville.
| 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 Moundsville
Here is a short checklist for comparing personal loans in Moundsville:
- 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.