Why get an Online Loan in West Virginia?
We get it. Sometimes, emergency expenses like household expenses come up and you need to get cash
immediately. Nevertheless, you don't have the income or credit to put it on your credit card.
Thankfully, getting an online loan in West Virginia is quick and easy. It doesn't matter if you live
in Charleston, Huntington, Morgantown, or Parkersburg, you can you loan deposited the same business day or if applying after 11am, the next business day.
How Much do Online Installment Loans in West Virginia Cost?
The maximum annual percentage rate allowed by law in West Virginia is 36% APR.
Finance Charges
Often, the APR includes the interest rate plus fees. In West Virginia, lenders may charge a maximum
of 36% APR.
Representative Example
For example, Sarah has an unexpected household expenses expense and needs cash
immediately. They can borrow up to $40,000 for up to 5 years
at 36% APR. The high APR can make this example loan extremely expensive; Sarah will pay back a total of $2,660 including a total of $1,710 in interest and fees!
What You Need
Before you can get an online loan in West Virginia, this is what you will need:
- You must be at least 18 years old
- Valid West Virginia driver license or government issued ID
- Checking or savings account
- Most recent pay stub
Terms for Online Installment Loans in West Virginia
Maximum loan terms in West Virginia:
- Maximum loan amont: $40,000
- Maximum rate, including fees: 36%
- Maximum loan length: $40,000
