Personal loans in Parsons, WV

Local context for Parsons

Read the local figures below as context; read the sourced West Virginia table as the rulebook a lender here must follow.

• Population: the Census counts 1,289 residents in Parsons (Vintage 2023 subcounty estimate), the 86th-largest figure among West Virginia's 230 places.
• Population trend: About 2.8% below the 2020 Census base.
• Net change: roughly 37 fewer people than the 2020 Census counted.
• Size percentile: roughly 63% of West Virginia places rank below Parsons.
• Population density: 1,149 people per square mile on 1.1 square miles of land.
• Land area: Parsons covers 1.1 square miles, the 91st-largest area among West Virginia's 230 places.
• Water area rank: Parsons ranks 42nd among West Virginia's 230 places, with 0.08 sq mi.
• Within West Virginia: about 0.2% of the state's population lives in Parsons.
• Nationally: Parsons is the 9,284th-largest of 19,457 Census places in the dataset.
• Growth rank: Parsons ranks 101st among West Virginia's 230 places for the 2020-to-2023 change.
• State comparison: West Virginia's places average -3.0% for 2020-to-2023, against Parsons's 2.8%.
• Density rank: Parsons is the 95th most densely settled place in West Virginia.
• Density vs West Virginia: Parsons's 1,149 people per square mile compare with a state median of 1,021.
• Location: 39.0945, -79.6785 (US Census Bureau Gazetteer).
• Nearest larger cities: Belington (15 mi); Elkins (15 mi); Philippi (20 mi); Grafton (25 mi); Terra Alta (25 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller places close by: Hambleton (2 mi); Hendricks (3 mi); Montrose (8 mi).
• Smaller neighbours: 52 places smaller than Parsons sit within 50 miles.
• At 100 miles: 197 larger Census places fall inside that radius.

Before you apply in Parsons

For Parsons's roughly 1,289 residents, these are the steps that most influence the offer:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Test your amount and term in the personal loan calculator first.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Confirm the West Virginia licence with the regulator named above before committing.
5. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Make sure the new payment leaves room in a budget you already keep.
7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

None of these steps is Parsons-specific: the same West Virginia licensing and disclosure rules reach all 1,289 residents.

Getting a loan in Parsons

At roughly 1,149 people per square mile, Parsons is moderately settled; 27 larger places lie within 50 miles. What is available to Parsons's 1,289 borrowers is set by West Virginia licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Belington, WV about 15 miles away.

What a Parsons borrower is actually offered

In Parsons, a small community of about 1,289, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Parsons's 1,289 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Parsons loan but raises total interest, so the smallest payment is not the cheapest loan.

The state rulebook for Parsons

Read the table as a lender's compliance picture for Parsons: the rule, the sourced figure, the publisher and the date.

Parsons on the map

The Census Gazetteer records 1.1 square miles of land and 0.08 square miles of water within Parsons. Spread across it are roughly 1,149 residents per square mile. The state's population centre of gravity, Charleston, is roughly 117 miles away. Parsons has 27 larger places within a 50-mile radius. Within the same 50 miles lie 52 smaller Census places.