East Bank at a glance
- Population: 791 — 117th in West Virginia, which has 230 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 821 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 3.7% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among West Virginia places: 117th of 230 by population (US Census Bureau, Vintage 2023).
- Size percentile: it exceeds roughly 49% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: mapped at 38.2153, -81.4441 by the US Census Bureau Gazetteer.
- Nearest larger cities: Chesapeake, WV (5 mi); Belle, WV (5 mi); Montgomery, WV (7 mi); Marmet, WV (7 mi); Charleston, WV (14 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Cedar Grove, WV (1 mi); Glasgow, WV (1 mi); Pratt, WV (3 mi) (US Census Bureau).
What a personal loan costs in East Bank
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
West Virginia lending rules that apply in East Bank
The West Virginia rate caps and licensing rules that reach East Bank are listed below, each with its source and retrieval date.
| 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 East Bank
Before you share your details with a lender in East Bank:
- 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.