Henderson at a glance
- Population: roughly 221 people; 197th of 230 places in West Virginia (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 228 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 3.1% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among West Virginia places: the 197th-largest of 230 (US Census Bureau, 2023 estimate).
- Size percentile: it exceeds roughly 14% of West Virginia's Census places by population (US Census Bureau).
- Coordinates: it sits at 38.8310, -82.1353 in the US Census Bureau Gazetteer.
- Nearest larger cities: Point Pleasant, WV (1 mi); Gallipolis, OH (3 mi); Middleport, OH (12 mi); Rio Grande, OH (14 mi); Hartford City, WV (14 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Cheshire, OH (8 mi); Leon, WV (11 mi); Centerville (Thurman), OH (17 mi), per US Census Bureau estimates.
What a personal loan costs in Henderson
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
West Virginia lending rules that apply in Henderson
The sourced rows below are the rules a licensed lender must follow when lending in West Virginia, and therefore in Henderson.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Henderson
These steps are the ones that most affect the offer you receive in Henderson:
- 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.