Point Pleasant at a glance
- Population: 3,908 (US Census Bureau, Vintage 2023 subcounty estimate), the 31st-largest of 230 places in West Virginia.
- 2020 Census base: 4,078 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: population fell about 4.2% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among West Virginia places: 31st in population of 230 places (US Census Bureau).
- Size percentile: it exceeds roughly 87% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: 38.8502, -82.1320 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Wellston, OH (29 mi); Hurricane, WV (30 mi); Jackson, OH (31 mi); Barboursville, WV (32 mi); Athens, OH (33 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Henderson, WV (1 mi); Gallipolis, OH (4 mi); Cheshire, OH (7 mi) (Census populations).
What a personal loan costs in Point Pleasant
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
West Virginia lending rules that apply in Point Pleasant
Read the table as the compliance picture for a lender serving Point Pleasant: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Point Pleasant
Before you commit to a personal loan in Point Pleasant, work through these steps:
- 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.