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Personal loans in Pax, WV

Rate ceilings, licensing requirements and product limits for Pax are all set at the West Virginia level. With roughly 130 residents, Pax is a small community, and the lending rules its borrowers live under are written in West Virginia, not by the city. At about 130 residents, Pax is larger than roughly 4% of the places in West Virginia. From the 2020 Census base to the 2023 estimate, the population declined by about 3.7%. Read the disclosure for an origination fee and any prepayment penalty before signing in Pax. The next larger city is Mount Hope, WV about 5 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Pax by the numbers

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

Borrowing reach in Pax

At roughly 681 people per square mile, Pax is moderately settled; 73 larger places lie within 50 miles. Lenders licensed in West Virginia reach Pax's 130 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Mount Hope, WV about 5 miles away.

How Pax compares across West Virginia

Pax is the 220th-largest of 230 Census places in West Virginia and contains about 0.0% of the state's people. On the 2020-to-2023 trend, Pax stands 138th among West Virginia's 230 places — roughly the 40th percentile. Its roughly 681 residents per square mile place it 166th among West Virginia's places. Within 50 miles sit 3 smaller Census places, alongside the 73 that are larger.

What West Virginia law requires in Pax

For the roughly 130 residents of Pax, the rules below are West Virginia's own; each row carries its publisher and retrieval date.

RuleDetailSource
State lending regulatorWest 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 statusTraditional 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

A practical checklist for Pax borrowers

Before you hand your details to a lender in Pax, where the population is near 130:

  1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
  2. Model the payment on the calculator before a lender models it for you.
  3. Get several pre-qualifications and compare APR side by side before choosing.
  4. Make sure the lender appears in the West Virginia regulator's licence list.
  5. Test the payment against your current bills before you commit.
  6. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  7. Borrow only what the purpose requires, not the maximum you are offered.

What differs between Pax and the rest of West Virginia is not the process but the borrower's own file, among the 130 people here.

Inside a Pax personal loan

Most loans made to Pax's 130 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Pax's rank of 220th in West Virginia: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Pax loan but raises total interest, so the smallest payment is not the cheapest loan.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Pax if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Pax is the same as anywhere in West Virginia.
What loan size can I expect in Pax?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Pax?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Pax cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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