Fayetteville at a glance
- Population: 2,804, the 44th-largest community in West Virginia out of 230 (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,911 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down about 3.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among West Virginia places: 44th of the state's 230 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 81% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: latitude 38.0641, longitude -81.1087 (US Census Bureau Gazetteer).
- Nearest larger cities: Oak Hill, WV (7 mi); Beckley, WV (20 mi); Summersville, WV (21 mi); Charleston, WV (35 mi); South Charleston, WV (38 mi) — straight-line distances, US Census Bureau populations.
- Smaller places close by: Ansted, WV (5 mi); Thurmond, WV (7 mi); Gauley Bridge, WV (9 mi) (US Census Bureau).
What a personal loan costs in Fayetteville
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
West Virginia lending rules that apply in Fayetteville
Read the table as the compliance picture for a lender serving Fayetteville: 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 Fayetteville
Run through this list before signing anything in Fayetteville:
- 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.