Find Payday Loans in West Virginia
Cash advance businesses are not allowed to issue more than one loan to a consumer at any given time. Virginia law permits payday loan providers to resort to a private right of action against defaulting or delinquent borrowers. However, lenders are prohibited from instituting a criminal action.
Under West Virginia law, a loan cannot exceed $45,000.
The loan term is not specified.
West Virginia law does not specify the number of rollovers or extensions that a borrower can utilize.
The small loans interest rate on loans valued at $2,000 or less in West Virginia is capped at 31% per year.
Virginia law does not specify payday loan fee schedules and APR.