Pennsboro at a glance
- Population: about 1,014, 99th by size in West Virginia of 230 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,054 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 3.8% below the 2020 Census base (US Census Bureau).
- Rank among West Virginia places: the 99th-largest of 230 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 57% of West Virginia places in population terms (US Census Bureau).
- Coordinates: it sits at 39.2841, -80.9661 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Harrisville, WV (7 mi); St. Marys, WV (15 mi); Sistersville, WV (19 mi); Salem, WV (21 mi); Paden City, WV (22 mi) (US Census Bureau).
- Nearest smaller places: Ellenboro, WV (5 mi); Pullman, WV (7 mi); West Union, WV (10 mi) (US Census Bureau estimates).
What a personal loan costs in Pennsboro
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.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
West Virginia lending rules that apply in Pennsboro
Read the table as the compliance picture for a lender serving Pennsboro: label, sourced figure, publisher and 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 Pennsboro
Before you share your details with a lender in Pennsboro:
- 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.