Burgaw at a glance
- Population: about 3,415, 199th by size in North Carolina of 549 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 3,083 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: population rose about 10.8% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among North Carolina places: 199th by size among 549 communities (US Census Bureau).
- Size percentile: about 64% of places in North Carolina are smaller (US Census Bureau).
- Coordinates: 34.5515 / -77.9230, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Wallace, NC (13 mi); Holly Ridge, NC (21 mi); Surf City, NC (23 mi); Wilmington, NC (24 mi); Leland, NC (24 mi) (US Census Bureau).
- Smaller places close by: St. Helena, NC (2 mi); Watha, NC (7 mi); Atkinson, NC (14 mi) (US Census Bureau).
What a personal loan costs in Burgaw
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
North Carolina lending rules that apply in Burgaw
Read the table as the compliance picture for a lender serving Burgaw: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Burgaw
Before you share your details with a lender in Burgaw:
- 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.