Personal loans in Drakes Branch, VA

With 518 residents, Drakes Branch outranks about 28% of the communities in Virginia. Compare APR, not the interest rate, because the APR folds in most fees on a Drakes Branch loan. A lender that serves Drakes Branch operates under Virginia lending statutes and a Virginia supervisor. For a bigger market, look to Keysville, VA about 7 miles away.

Drakes Branch: population, trend and location

Two layers matter for a Drakes Branch borrower: the local population picture and Virginia's consumer-lending statutes.

• Population: the Census counts 518 residents in Drakes Branch (Vintage 2023 subcounty estimate), the 164th-largest figure among Virginia's 227 places.
• Population trend: A loss of roughly 2.3% between 2020 and 2023.
• Net change: roughly 12 fewer people than the 2020 Census counted.
• Size percentile: bigger than about 28% of the places in Virginia, with 518 residents in Drakes Branch.
• Population density: 125 people per square mile on 4.1 square miles of land.
• Land area rank: Drakes Branch's 4.1 square miles rank 69th of 227 places in Virginia.
• Share of state population: Drakes Branch's 518 residents are about 0.0% of Virginia.
• National rank: Drakes Branch sits 13,014th by population among the 19,457 places in this dataset.
• Growth rank: Drakes Branch's 2020-to-2023 change ranks 191st of 227 places in Virginia.
• Against the state trend: Drakes Branch's 2.3% change compares with a Virginia average of -0.0% across its 227 places.
• Density rank: Drakes Branch is the 221st most densely settled place in Virginia.
• Density vs Virginia: Drakes Branch's 125 people per square mile compare with a state median of 823.
• Location: latitude 36.9933, longitude -78.6009 (Census Gazetteer).
• Nearest larger cities: Keysville (7 mi); Chase City (15 mi); Brookneal (20 mi); Victoria (21 mi); Farmville (24 mi). Larger metros often have more branches, but online lenders reach Drakes Branch on the same terms.
• Smaller places nearby: Charlotte Court House (5 mi); Phenix (10 mi); Scottsburg (19 mi).
• Within a 50-mile radius: 15 smaller Census places.
• Within 100 miles: 146 places are larger than Drakes Branch.

How lenders reach Drakes Branch

With about 125 residents per square mile, Drakes Branch is lightly settled, and 26 larger Census places sit within 50 miles. Distance to a branch rarely matters for Drakes Branch's 518 residents: the application is online and the price follows your credit file. The nearest larger city, Keysville, VA about 7 miles away.

What a Drakes Branch borrower is actually offered

A Drakes Branch personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 518 residents. Two numbers drive a Drakes Branch loan: the APR, which includes fees, and the term, which decides how long you keep paying. Because the payment is fixed, the total cost of a Drakes Branch loan is knowable in advance — unlike a revolving card balance.

Land, water and location for Drakes Branch

The Census Gazetteer records about 4.1 square miles of land within Drakes Branch, with no significant water area listed. That land carries about 125 people per square mile. The state's population centre of gravity, Virginia Beach, is roughly 143 miles away. Drakes Branch has 26 larger places within a 50-mile radius. The 100-mile radius contains 146 larger places.

Drakes Branch's place among Virginia's 227 places

Drakes Branch is the 164th-largest of 227 Census places in Virginia and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 191st of 227 Virginia places, putting it near the 16th percentile for growth. At about 125 people per square mile, Drakes Branch is the 221st most densely settled place in Virginia. The population moved by about 12 people between 2020 and 2023, a 2.3% shift.

What Virginia law requires in Drakes Branch

These are Virginia's sourced lending facts as they reach Drakes Branch's 518 residents; the state has no city-level rate rule.