Davis at a glance
- Population: 581 — 140th in West Virginia, which has 230 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 598 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population fell about 2.8% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among West Virginia places: 140th of 230 by population (US Census Bureau, Vintage 2023).
- Size percentile: it exceeds roughly 39% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 39.1279, -79.4603.
- Nearest larger cities (within 120 miles): Thomas, WV (2 mi); Parsons, WV (12 mi); Mountain Lake Park, MD (19 mi); Petersburg, WV (20 mi); Oakland, MD (20 mi) (US Census Bureau populations).
- Nearest smaller towns: Hendricks, WV (10 mi); Hambleton, WV (10 mi); Bayard, WV (11 mi) (US Census Bureau).
What a personal loan costs in Davis
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
West Virginia lending rules that apply in Davis
Read the table as the compliance picture for a lender serving Davis: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Davis
The steps below are worth completing first when you borrow in Davis:
- 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.