Danville at a glance
- Population: 640 — 135th in West Virginia, which has 230 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 675 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a decline of roughly 5.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among West Virginia places: 135th of 230 by population (US Census Bureau, Vintage 2023).
- Size percentile: ahead of around 41% of West Virginia places in population terms (US Census Bureau).
- Coordinates: it sits at 38.0818, -81.8352 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Madison, WV (2 mi); Chapmanville, WV (13 mi); Logan, WV (18 mi); Marmet, WV (18 mi); Chesapeake, WV (19 mi) (US Census Bureau populations).
- Nearest smaller places: Mitchell Heights, WV (15 mi); Sylvester, WV (16 mi); West Logan, WV (17 mi) (US Census Bureau estimates).
What a personal loan costs in Danville
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
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-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
West Virginia lending rules that apply in Danville
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 31% per year on unsecured loans of $3,500 or less; 27% on $3,500–$15,000; 18% above $15,000 (W. Va. Code § 46A-4-107) Source says: the loan finance charge, calculated according to the actuarial method, may not exceed 31 percent per year | West Virginia Legislature (West Virginia Code) as of 2026-09-16 |
| Payday lending status | Traditional payday lending is generally prohibited; check cashers are regulated under W. Va. Code ch. 32A Source says: Traditional "Payday Lenders" are generally prohibited within this state. | West Virginia Division of Financial Institutions (WV DFI) as of 2026-09-16 |
| Small-loan / installment lender licensing | Regulated consumer lender license required from the Commissioner (W. Va. Code § 46A-4-101) Source says: Unless a person has first obtained a license from the commissioner authorizing the person to make regulated consumer loans | West Virginia Legislature (West Virginia Code) as of 2026-09-16 |
| State lending regulator | West Virginia Division of Financial Institutions (WV DFI) Source says: The West Virginia Division of Financial Institutions is charged with the regulation and supervision of financial institutions chartered by the State of West Virginia. | West Virginia Division of Financial Institutions (WV DFI) as of 2026-09-16 |
How to compare offers in Danville
These steps are the ones that most affect the offer you receive in Danville:
- 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 West Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.