West Virginia is a state of U.S. where payday loans are not legal. These loans typically charge interest rates ranging from 600-800% APR and are unlawful in West Virginia. But they are available online as and there are many lenders who provide West Virginia Payday Loans sitting outside the state. Hence residents of West Virginia can apply for the loan online and can procure the loan.

West Virginia Payday Loans interest on the loans valued at $2,000 or less is capped at 31% per year. The term for which the loan is given is not specified in law. Lenders are prohibited from initiating a criminal action against the borrower. Payday companies should always state clearly their APR and interest rate on the loan agreement, which must be signed by both you and an authorized representative of the lender.