Weber City at a glance
- Population: 1,238 people, the 124th-largest place among Virginia's 227 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,249 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 0.9% lower than the 2020 Census base (US Census Bureau).
- Rank among Virginia places: 124th out of 227 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 45% of Virginia's Census places by population (US Census Bureau).
- Coordinates: it sits at 36.6237, -82.5634 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Gate City, VA (2 mi); Mount Carmel, TN (7 mi); Kingsport, TN (7 mi); Church Hill, TN (11 mi); Bluff City, TN (19 mi) (US Census Bureau).
- Nearest smaller towns: Clinchport, VA (11 mi); Nickelsville, VA (12 mi); Duffield, VA (14 mi) (US Census Bureau).
What a personal loan costs in Weber City
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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.
Virginia lending rules that apply in Weber City
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 12% per year maximum contract rate, except as otherwise permitted by law (Va. Code § 6.2-303) Source says: no contract shall be made for the payment of interest on a loan at a rate that exceeds 12 percent per year | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| Payday lending status | Legal via licensed short-term lenders; interest capped at a 36% simple annual rate plus limited fees (Va. Code § 6.2-1817) Source says: Interest at a simple annual rate not to exceed 36 percent | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer finance license required from the State Corporation Commission (Va. Code § 6.2-1501) Source says: No person shall engage in the business of making loans to individuals for personal, family, household, or other nonbusiness purposes | Virginia General Assembly (Code of Virginia) as of 2026-09-16 |
| State lending regulator | Virginia State Corporation Commission, Bureau of Financial Institutions (BFI) Source says: The Bureau of Financial Institutions (BFI) is a regulatory division of the Virginia State Corporation Commission (SCC.) | Virginia State Corporation Commission (SCC) as of 2026-09-16 |
How to compare offers in Weber City
Run through this list before signing anything in Weber City:
- 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 Virginia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.