Online Personal Loans in Virginia
Residents of the State of Virginia have a number of ways to get financial help when needed. Besides the classic ways of borrowing money, i.e. standard bank loans, credit cards there are many services that operate in Virginia to provide faster financial solutions. 36MonthLoans is one such service. Through us a resident of this state that is eligible for a loan can easily get access to lenders that provide both personal loans and personal lines of credit.
These two types of credit are very similar, the only difference being that with a personal line of credit you can withdraw the money as you please instead of receiving it all at one time. This method of borrowing is fast, convenient and perfect for emergencies. We hope this helps you make a better decision when it comes to borrowing and remember to always be a responsible borrower as we try to be a responsible loan matching service.
Virginia - Rates & Terms
$1,000 - $25,000
Interest Rate / APR:
Variable (more details
12 months - 36 months
If you meet the requirements and qualify for one of our personal loans we will provide you with a financial solution tailored to your needs, based on your financial eligibility. Once approved for a loan you will be provided the full details of the offer including: interest rate, repayment term, payment amount and the total cost of the loan.
Credit Scores in Virginia:
According to a study performed by Experian, one of the most important credit reporting agencies active in the United States at this time, the average credit score of Virginia was 694 in 2011, at the time this study took place.The average credit score of the United States was 587 at that time, ranking Virginia on the 22nd spot, with 7 points above average. The study had also shown a tendency for northern states to have a better average credit score than the southern ones. Virginia is at the border of this imaginary line and is one of the most southern states with such a good credit score.
More about Installment Loans in Virginia
The State of Virginia, also known as the Commonwealth of Virginia is located in the South Atlantic region of the USA and it occupies a total area of 42,774.2 square miles making it the 35th largest state in the United States of America. Virginia also ranks 12th by population and 14th according to the density of the population. The state of Virginia is also known as the Old Dominion, the Mother of Presidents and the Mother of States and was the first permanent New World English colony.
Virginia is an economically developed state with income streaming into the state budget from many different sources such as the local and federal government, military, business and farming. The Northern region of Virginia has the highest income in the state and is one of the 20 highest income counties in the USA.
The main industries that make up most of Virginia's income are: technology with computer chips being the state's main exported product in 2006, commerce, tourism (210,000 jobs were created in 2012 and that generated $21.2 billion), agriculture as well as others. As we can see from a quick glance at Virginia's economy and as we will see when we discuss the average credit score in this state, Virginia is one of the most fruitful states. This however does not mean that all residents have it easy. As with all states there are those that have great and not so great income. For the latter there are personal loans and personal lines of credit in Virginia that can be accessed by almost everyone, even subprime borrowers.
State of Virginia Economic Indicators:
- Income per capita: $44,762 (in 2010); 
- Average weekly wage: $968 (second quarter of 2013); 
- Average household income: $61,882 (2011); 
- State expenditures ($ in millions): 44,595; 
- Unemployment rate: 5.2% (April 2013)