Branchville at a glance
- Population: roughly 120 people; 221st of 227 places in Virginia (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 120 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: under a tenth of a percent either way (US Census Bureau Vintage 2023 estimate).
- Rank among Virginia places: 221st by size among 227 communities (US Census Bureau).
- Size percentile: about 3% of Virginia's Census places are smaller (US Census Bureau).
- Coordinates: 36.5698 / -77.2501, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Boykins, VA (3 mi); Severn, NC (5 mi); Newsoms, VA (8 mi); Conway, NC (9 mi); Capron, VA (10 mi) (US Census Bureau).
- Nearest smaller communities: Como, NC (15 mi); Lasker, NC (15 mi); Harrellsville, NC (31 mi) (Census populations).
What a personal loan costs in Branchville
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Virginia lending rules that apply in Branchville
The table carries the Virginia rate and licensing rules that apply to consumer loans made in Branchville.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Branchville
Before you share your details with a lender in Branchville:
- 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.