Wallburg at a glance
- Population: 3,188, the 208th-largest community in North Carolina out of 549 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 3,059 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 4.2% since the 2020 count (US Census Bureau).
- Rank among North Carolina places: 208th-largest of 549 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 62% of North Carolina's Census places are smaller (US Census Bureau).
- Coordinates: 36.0131, -80.1669 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Midway, NC (4 mi); Kernersville, NC (8 mi); Winston-Salem, NC (8 mi); Walkertown, NC (9 mi); High Point, NC (10 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Bethania, NC (15 mi); Tobaccoville, NC (18 mi); Walnut Cove, NC (19 mi) (US Census Bureau).
What a personal loan costs in Wallburg
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
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.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
North Carolina lending rules that apply in Wallburg
The table lists the North Carolina rules that apply to a loan made in Wallburg, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | For loans of $25,000 or less: greater of the 6-month U.S. Treasury bill rate + 6% or 16% (G.S. 24-1.1(c)); any agreed rate above $25,000 Source says: "plus six percent (6%), rounded upward or downward ... or sixteen percent (16%), whichever is greater" | North Carolina General Assembly as of 2026-09-16 |
| Payday lending status | Payday lenders shut down in North Carolina; online payday lending remains an enforcement target Source says: "Payday Lenders: Shut Down In NC, But Still Victimizing Borrowers Online" | North Carolina Department of Justice (Office of the Attorney General) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Finance Act license from the Commissioner of Banks required for loans of $25,000 or less charging more than Chapter 24 rates Source says: "Direct lenders seeking to charge rates higher than allowed under Chapter 24 on consumer term loans of twenty-five thousand dollars ($25,000) or less" | North Carolina Office of the Commissioner of Banks as of 2026-09-16 |
| State lending regulator | North Carolina Office of the Commissioner of Banks (NCCOB) Source says: "Lenders operating under the CFA must be licensed by and are subject to regulation by the NCCOB." | North Carolina Office of the Commissioner of Banks as of 2026-09-16 |
| Consumer Finance Act installment loan rates (G.S. 53-176) | 33% per annum on unpaid balance up to $4,000; 24% on $4,000-$8,000; 18% on the remainder (loans up to $12,000); 18% for loans above $12,000 Source says: "thirty-three percent (33%) per annum on that part of the unpaid principal balance not exceeding four thousand dollars ($4,000)" | North Carolina General Assembly as of 2026-09-16 |
How to compare offers in Wallburg
Before you share your details with a lender in Wallburg:
- 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 North Carolina using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.