Timberville at a glance
- Population: about 3,062 residents, ranking 79th of 227 Census places in Virginia (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 2,966 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: population rose about 3.2% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Virginia places: 79th largest of 227 (US Census Bureau).
- Size percentile: larger than about 65% of the Census places in Virginia (US Census Bureau).
- Coordinates: 38.6327 latitude, -78.7737 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Broadway, VA (2 mi); Harrisonburg, VA (15 mi); Luray, VA (17 mi); Bridgewater, VA (20 mi); Woodstock, VA (22 mi) (Census populations, approximate straight-line distance).
- Smaller places close by: New Market, VA (6 mi); Mount Jackson, VA (10 mi); Shenandoah, VA (13 mi) (US Census Bureau).
What a personal loan costs in Timberville
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
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.
Virginia lending rules that apply in Timberville
Each row below is a Virginia rule with its publisher and the date it was retrieved.
| 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 Timberville
Run through this list before signing anything in Timberville:
- 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.