Scottsville at a glance
- Population: about 537, 160th by size in Virginia of 227 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 522 residents here (US Census Bureau).
- 2020 to 2023 change: about 2.9% more residents than the 2020 Census base (US Census Bureau).
- Rank among Virginia places: 160th-largest of 227 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: larger than about 30% of the Census places in Virginia (US Census Bureau).
- Coordinates: latitude 37.8113, longitude -78.4882 (US Census Bureau Gazetteer).
- Nearest larger cities: Charlottesville, VA (16 mi); Gordonsville, VA (28 mi); Waynesboro, VA (29 mi); Louisa, VA (30 mi); Amherst, VA (35 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Dillwyn, VA (19 mi); Stanardsville, VA (34 mi); Mineral, VA (34 mi) (US Census Bureau).
What a personal loan costs in Scottsville
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Virginia lending rules that apply in Scottsville
The table carries the Virginia rate and licensing rules that apply to consumer loans made in Scottsville.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Scottsville
Here is a short checklist for comparing personal loans in Scottsville:
- 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.