Personal loans in Farmington, WV

A single loan can carry different costs on either side of a state line, and Farmington sits on the West Virginia side of that line. Farmington ranks 162nd of 230 places in West Virginia, with a population near 398.

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

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.

Farmington counts about 398 people, and what is genuinely local about borrowing here is limited — West Virginia law does the governing. Farmington gained roughly 2.6% in population across the 2020-to-2023 comparison. Decide the purpose of the loan and your repayment plan before sharing any details with a Farmington lender. The closest larger place is Monongah, WV about 4 miles away.

Farmington by the numbers

Only a few things actually differ by place — population, area, location, and the West Virginia rules a lender must follow — and they are below.

The state rulebook for Farmington

The rows below set out what a licensed lender must follow in West Virginia, and so for Farmington's roughly 398 residents.

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

The geography behind Farmington

Inside Farmington's boundaries lie roughly 0.4 square miles of land and 0.01 square miles of water. With 398 residents, the land area yields roughly 959 people per square mile. The largest place in West Virginia, Charleston, lies about 109 miles away. Farmington has 99 larger places within a 50-mile radius. By land area it ranks 179th of 230 West Virginia places.

Farmington in state context

Among West Virginia's 230 places, Farmington sits at 162nd for population, a share of roughly 0.1% of the state. On the 2020-to-2023 trend, Farmington stands 6th among West Virginia's 230 places — roughly the 97th percentile. Its roughly 959 residents per square mile place it 126th among West Virginia's places. Between 2020 and 2023 the count changed by roughly 10 residents.

How lenders reach Farmington

Farmington is moderately settled, with about 959 people per square mile and 99 larger places within 50 miles. Distance to a branch rarely matters for Farmington's 398 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Monongah, WV about 4 miles away.

What a Farmington borrower is actually offered

Most loans made to Farmington's 398 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Because pricing is borrower-level, two people in Farmington can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Farmington loan but raises total interest, so the smallest payment is not the cheapest loan.

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 Farmington 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 Farmington is the same as anywhere in West Virginia.
What loan size can I expect in Farmington?
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 Farmington?
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 Farmington 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.

Nearby places

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