MoneyGeek’s Pick on Best Personal Loan Lender in West Virginia: Truist

To help you find the best personal loans in West Virginia, MoneyGeek ranked the state’s various credit providers, considering over 30 data points.

We evaluated a lender’s offerings regarding the loan amount, repayment terms and interest rate. Our team also assessed factors that affect your chances of getting approved, such as minimum credit score, gross income and other requirements.

Additionally, we studied a company’s ability to deliver quality service. We also checked the ease of their application process and if they have mobile apps.

Best Overall Personal Loan Lender in West Virginia: Truist

  • Truist

    • 8.14% to 18.99%APR Range
    • NoneMinimum Credit Score
    • $3,500 to $50,000Loan Amount Range
    • 6 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds


Best Personal Loan Lender for Bad Credit in West Virginia: Upgrade

  • Upgrade

    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds


Best Personal Loan Lender for Good Credit in West Virginia: SoFi

  • SoFi

    • 5.74% to 20.28%APR Range
    • 680Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 12 to 60 monthsRepayment Terms
    • Two DaysTime to Receive Funds


Best Loan Lender for Debt Consolidation in West Virginia: Lending Club

  • LendingClub

    • 7.04% to 35.89%APR Range
    • 600Minimum Credit Score
    • $1,000 to $40,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds


Best for Home Improvement in West Virginia: Marcus by Goldman Sachs

  • Marcus by Goldman Sachs

    • 6.99% to 19.99%APR Range
    • 660Minimum Credit Score
    • $3,500 to $40,000Loan Amount Range
    • 36 to 84 monthsRepayment Terms
    • Same DayTime to Receive Funds

    Marcus by Goldman Sachs

How to Choose the Best Personal Loan Lender in West Virginia for You

In West Virginia, the average personal loan debt is $17,091. Due to their flexibility, personal loans have become a popular way to settle both planned and unplanned expenses.

Although personal loans are unsecured and have straightforward requirements, you should consider several factors when applying for a loan. MoneyGeek broke down the steps you can take to get the best personal loan in West Virginia.


Ask Yourself the Important Questions

Before applying for a personal loan, ask yourself some important questions to help you make more informed financial decisions.

  • How much money do you need? Personal loans are best used to cover sudden expenses or to consolidate debt. Since the interest on these unsecured loans can be high, you should apply only for the amount that you truly need.
  • What’s your credit score? Lenders have different requirements when it comes to credit scores. Know your credit score and research the company’s minimum before applying.
  • Can you afford the monthly payment? Calculate your net income less your monthly expenses to see if you can afford a new monthly loan payment. Late payments or defaulting on your loan can seriously affect your credit score.
  • Do you have existing debts? Loan providers will take a look at your outstanding debt. If you have a high debt-to-income ratio, they may decline your loan application (unless you’re using your new loan to consolidate existing debt).

Do Your Research

It makes sense to gather all the information you can before applying for a loan. Scrutinize the company’s policies regarding interest rates, monthly payments, credit checks and more. Likewise, be aware of any restrictions the loan might have. Some providers won’t let you spend the money to pay for education expenses or buy stocks and other investments.

MoneyGeek collected all the information you need when applying for a personal loan in West Virginia. However, our analyses are based on generalizations, and our findings may not apply to your needs and situation. Conduct your own research to find the best personal loan provider for you.



A personal loan is a big financial commitment, and you need to be sure it’s the best choice for you. As with any major financial decision, it makes sense to wait for a day or two before making your choice. This will give you time to assess the situation with fresh eyes and a more objective outlook.

Remember that personal loans often come with high interest rates. If you’re using it to pay for unnecessary expenses, consider saving instead of borrowing.


Read the Fine Print

If you’ve decided that a personal loan is the best option for you, revisit your favorite lender’s offer. Look beyond their marketing slogans and study their fine print.

Consider details such as if there are any prepayment penalties, origination fees or other fees that can add to your expenses.


Apply for the Loan

Once you’ve assessed all your options, studied all the details and feel good about your preferred lender, the time has come to apply for a personal loan. You should prepare documents that lenders usually require, such as your proof of employment and income.

Most lenders will allow you to apply for a loan online. This is a convenient option, as you can do the entire process at home. However, you can also call or visit a provider’s office to learn more about their procedures and policies.

What to Do if You Can’t Get a Personal Loan in West Virginia

If your loan application is denied, don’t worry. Lenders in West Virginia deny personal loans for various reasons, such as low credit scores and insufficient income.

You can always contact the lender and ask why they didn’t approve your application. It may be possible for your loan’s terms to be modified, which will reverse their initial decision. This can include asking for a shorter term or decreasing your loan amount.

You can also apply at a different company, but you should improve your financial profile first. Address the reasons why your initial loan was denied to have a better chance of approval the next time you apply for a loan.

If you’re strapped for cash, beware of payday loans. They are short-term loans with extremely high interest rates and predatory policies. In fact, payday loans are banned in 16 states, including West Virginia.

Frequently Asked Questions About Personal Loans in West Virginia

The best personal loan provider in West Virginia for you is determined by your individual needs and financial profile. MoneyGeek answered some frequently asked questions to help you make better-informed decisions.

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We reviewed more than 30 personal loan lenders using 35+ individual data points across six key categories: loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

Within each ranking criteria category, we considered several individual data points that we feel carry the most weight when choosing a personal loan lender. These factors include APR ranges, available loan amount, minimum credit score, minimum income amount, application fees and disbursement time.

Here at MoneyGeek, we value you, the consumer, so we also factor in each lender’s customer support, business ratings and additional features that could make your experience easier and more accessible — like prequalification, payment options and mobile apps.

After careful consideration and calculation, our picks are decided and chosen with your best interest in mind. Our personal loan recommendations and expert tips are meant to help you make the best decision when choosing a lender that meets your needs.

  • Payday Loan Information for Consumers. "West Virginia." Accessed March 31, 2022.

The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.