Personal loans in Wakefield, VA

Compare APR, not the interest rate, because the APR folds in most fees on a Wakefield loan. From the 2020 Census base to the 2023 estimate, the population declined by about 1.2%. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Wakefield's 748 residents. For a bigger market, look to Waverly, VA about 7 miles away.

The Wakefield data picture

Most of what governs a Wakefield loan is written in Virginia law rather than in the city; the sourced notes below make that split concrete.

• Population: about 748 people live here, which puts Wakefield 150th of 227 Census places in Virginia (Vintage 2023).
• Population trend: A decline of about 1.2% across the 2020-to-2023 comparison.
• Absolute change: 9 residents lost between 2020 and 2023.
• Size percentile: roughly 34% of Virginia's places have fewer residents than Wakefield's 748.
• Land and density: 1.2 square miles of land carry roughly 601 residents per square mile.
• By land area: Wakefield ranks 146th among Virginia's 227 places, at 1.2 sq mi.
• Water area rank: Wakefield ranks 70th among Virginia's 227 places, with 0.04 sq mi.
• Share of Virginia: Wakefield holds about 0.0% of the state's population, some 748 people.
• National standing: Wakefield ranks 11,473rd of 19,457 US places.
• Growth in Virginia: Wakefield stands 147th by percentage change from 2020 to 2023, among 227 places.
• State comparison: Virginia's places average -0.0% for 2020-to-2023, against Wakefield's 1.2%.
• Density rank: Wakefield is the 152nd most densely settled place in Virginia.
• Density vs Virginia: Wakefield's 601 people per square mile compare with a state median of 823.
• Location: it lies at 36.9691, -76.9881 in the Census Gazetteer.
• Nearest larger cities: Waverly (7 mi); Windsor (18 mi); Courtland (18 mi); Franklin (20 mi); Smithfield (21 mi). For most borrowers the comparison happens online, not at a branch.
• Nearest smaller towns: Dendron (6 mi); Ivor (7 mi); Surry (14 mi).
• Smaller neighbours: 22 places smaller than Wakefield sit within 50 miles.
• At 100 miles: 81 larger Census places fall inside that radius.

Virginia rules behind a Wakefield personal loan

Below are the Virginia rules that apply to a loan made in Wakefield, each with the regulator that issued it.

Wakefield against the rest of Virginia

Within Virginia, Wakefield holds roughly 0.0% of all residents, the 150th-largest share among 227 places. Its 2020-to-2023 change ranks 147th of 227 Virginia places, putting it near the 35th percentile for growth. By density, at about 601 people per square mile, it ranks 152nd in Virginia. The population moved by about 9 people between 2020 and 2023, a 1.2% shift.

Where Wakefield sits

The Census Gazetteer records 1.2 square miles of land and 0.04 square miles of water within Wakefield. That land carries about 601 people per square mile. The state's population centre of gravity, Virginia Beach, is roughly 55 miles away. Within 50 miles of Wakefield there are 23 larger Census places. Within the same 50 miles lie 22 smaller Census places.

How lenders reach Wakefield

Wakefield is a moderately settled community of about 748 people, with 23 larger places inside a 50-mile radius. A Virginia licence lets a lender serve Wakefield without a local office, so branch density does not change what its 748 residents are offered. The nearest larger city, Waverly, VA about 7 miles away.

Before you apply in Wakefield

Complete these steps first when you borrow in Wakefield (748 residents):

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Model the payment on the calculator before a lender models it for you.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Virginia regulator's records to confirm the lender is licensed here.
5. Be clear on what the loan is for and how it gets repaid.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Look for an origination fee or prepayment penalty in the written disclosure.

None of these steps is Wakefield-specific: the same Virginia licensing and disclosure rules reach all 748 residents.