Personal loans in Gassaway, WV
Two households in Gassaway with comparable incomes can still be offered different rates; the city's 734 residents are not the reason. From the 2020 Census base to the 2023 estimate, the population declined by about 3.3%.
Gassaway is home to roughly 734 people and stands 120th by size out of 230 Census places in West Virginia. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Gassaway loan. To lend to Gassaway's 734 residents, a company must hold a West Virginia licence, and each sourced row below names the regulator behind it. The closest larger place is Sutton, WV about 3 miles away.
Gassaway: population, trend and location
Most of what governs a Gassaway loan is written in West Virginia law rather than in the city; the sourced notes below make that split concrete.
- Population: 734 — Gassaway ranks 120th of 230 communities in West Virginia (US Census Bureau, Vintage 2023).
- Population trend: The 2020-to-2023 change is negative, near 3.3%.
- Absolute change: 25 residents lost between 2020 and 2023.
- Size percentile: bigger than about 48% of the places in West Virginia, with 734 residents in Gassaway.
- Population density: about 635 people per square mile (Census land area 1.2 sq mi).
- Land area: Gassaway covers 1.2 square miles, the 87th-largest area among West Virginia's 230 places.
- Water: Gassaway holds about 0.06 square miles, the 48th-largest water area in West Virginia.
- State population share: Gassaway accounts for about 0.1% of everyone in West Virginia.
- National rank: Gassaway is 11,575th of 19,457 places nationwide.
- Growth rank: Gassaway's 2020-to-2023 change ranks 126th of 230 places in West Virginia.
- State comparison: West Virginia's places average -3.0% for 2020-to-2023, against Gassaway's 3.3%.
- Density rank: Gassaway places 173rd among West Virginia's places by people per square mile.
- Density in context: Gassaway's 635 people per square mile sit against a West Virginia median of 1,021.
- Location: coordinates 38.6667, -80.7704 (US Census Bureau Gazetteer).
- Nearest larger cities: Sutton (3 mi); Glenville (19 mi); Summersville (27 mi); Weston (31 mi); Spencer (33 mi). Lenders licensed in the state serve Gassaway whether or not they keep a local branch.
- Smaller communities within reach: Flatwoods (7 mi); Burnsville (15 mi); Sand Fork (17 mi).
- Smaller places within 50 miles: 32 of them.
- At 100 miles: 145 larger Census places fall inside that radius.
How personal loans work in Gassaway
With roughly 734 residents, Gassaway is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Gassaway's rank of 120th in West Virginia: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Gassaway decides the split between a comfortable payment and the total interest you pay.
Before you apply in Gassaway
Complete these steps first when you borrow in Gassaway (734 residents):
- Start with the credit file: order the reports, fix the errors, then apply.
- Run the numbers on the personal loan calculator so you know the payment before you apply.
- Get several pre-qualifications and compare APR side by side before choosing.
- Verify the lender's West Virginia licence with the regulator listed on this page.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
- Look for an origination fee or prepayment penalty in the written disclosure.
- Make sure the new payment leaves room in a budget you already keep.
In Gassaway as elsewhere in West Virginia, the written terms — not the advertisement — are what count for its 734 residents.
Where Gassaway sits in West Virginia
Set beside West Virginia's 230 places, Gassaway ranks 120th by population and holds about 0.1% of the state total. On the 2020-to-2023 trend, Gassaway stands 126th among West Virginia's 230 places — roughly the 45th percentile. At about 635 people per square mile, Gassaway is the 173rd most densely settled place in West Virginia. By land area, its 1.2 square miles rank 87th of 230 places in West Virginia.
What is available to Gassaway borrowers
At roughly 635 people per square mile, Gassaway is moderately settled; 21 larger places lie within 50 miles. Lenders licensed in West Virginia reach Gassaway's 734 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Sutton, WV about 3 miles away.
Which West Virginia laws govern a loan in Gassaway
Read the table as a lender's compliance picture for Gassaway: the rule, the sourced figure, the publisher and the date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | West 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 status | Traditional 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 |
Common questions
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Nearby places
- Sutton, WV — population 836
- Flatwoods, WV — population 257
- Burnsville, WV — population 380
- Sand Fork, WV — population 175
- Glenville, WV — population 1,079
- Cowen, WV — population 469
- Camden-on-Gauley, WV — population 122
- Clay, WV — population 375