West Virginia Payday Loan Laws

By Shawn Martin


West Virginia State Flag
West Virginia State Flag

West Virginia payday loan laws were passed to discourage these companies from doing business in this state.

They must follow the small loan and usury laws. Since these laws are substantially below the payday loan industry norm, most online and brick and mortar payday loan companies are doing business illegally.

This means that basically anything goes. If you live in this state be very very careful doing any kind of business with these companies.

If you currently have a payday loan in West Virginia please contact us and we can help you determine if they are following the rules set forth for this state.

If your loan turns out to be in order you still need to pay it off in full and in the future try not to use these services.

Some facts to remember when considering a payday loan.

  • They are designed for huge interest rates and fees
  • They should be used only in emergencies
  • Borrow only what you can pay off on the first due date
  • Never roll over a payday loan

We can help!

If you are in trouble with payday loan debt we can help!

Check out our Payday loan repayment plan and fill out our form for a free no obligation quote on how we can help you.

I hope this information helps people understand how these companies work and how to use them.

2 thoughts on “West Virginia Payday Loan Laws”

  1. Refreshing to see a state trying to get a handle on these predatory practices. Of course, the state’s effort oftentimes spawns illegal acivity on the part of the payday loan companies. Vicious cycle, isn’t it?

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