Loans in Richmond city, VA: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Richmond city, VA.
The median household in Richmond city earns $64,587 a year, 31% below the Virginia median of $93,170. About 18% of residents live below the federal poverty line, and 56.5% of households rent their home.
What you need for a payday loan in Richmond city
Here's what to have on hand before you start your payday loan request in Richmond city:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Richmond city
What Richmond city borrowers use it for
the fastest options online
Moving costsdeposits, trucks and first-week expenses
Rent duecover a short gap before payday
Emergencieshandle the unexpected the same week
Loans for your situation
Which loans are available in Richmond city
Payday Loans Legal
Payday-style loans are legal in Virginia only as 'short-term loans' from lenders licensed under Chapter 18 of Title 6.2, as rewritten by the Fairness in Lending Act (effective…
Personal Loans
36% simple annual interest on licensed $300-$35,000 installment loans.
Title Loans Legal
Car title loans are legal in Virginia from lenders licensed under Chapter 22 of Title 6.2.
Banks and credit unions in Richmond city
Banks with branches in Richmond city
38 FDIC-insured bank branches from 16 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Truist Bank | 8 | 919 E Main St, Richmond 23219 |
| Wells Fargo Bank, National Association | 6 | 1021 E Cary St, Richmond 23219 |
| Atlantic Union Bank | 4 | 1051 E Cary St, Richmond City 23219 |
| TowneBank | 3 | 7013 Three Chopt Rd, Richmond 23226 |
| SouthState Bank, National Association | 3 | 1776 Staples Mill Rd, Richmond 23230 |
| Bank of America, National Association | 2 | 1600 W Broad St, Richmond 23220 |
| Fulton Bank, National Association | 2 | 9030 Stony Point Pkwy, Richmond 23235 |
| JPMorgan Chase Bank, National Association | 2 | 1302 E Cary St, Richmond 23219 |
| Peoples Bank | 1 | 320 N 1st St, Richmond 23219 |
| Manufacturers and Traders Trust Company | 1 | 3124 W Broad St, Richmond 23230 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Richmond city
16 credit-union locations from 9 credit unions.
| Credit union | Location |
|---|---|
| Virginia | 10 N Nansemond St Ste 6, Richmond 23221 |
| 1St Advantage | 1204 Broad Rock Blvd, Richmond 23224 |
| Richmond Heritage | 50 W Commerce Rd, Richmond 23224 |
| Argent | 400 N 8Th St, Richmond 23219 |
| Dominion Energy Credit Union | 600 Canal Place, Richmond 23219 |
| Rva Financial | 1700 Robin Hood Rd, Richmond 23220 |
| Credit Union Of Richmond Incorporat | 1601 Ownby Ln, Richmond 23220 |
| Hopewell Chemical | 1601 Ownby Ln, Richmond 23220 |
| Richmond Virginia Fire Police Credi | 900 Hermitage Rd, Richmond 23220 |
Source: NCUA credit union branch data, June 30, 2026.
Cities in Richmond city
All Virginia counties and cities
Frequently asked questions
Are payday loans legal in Richmond city?
Richmond city follows Virginia law. Payday-style loans are legal in Virginia only as 'short-term loans' from lenders licensed under Chapter 18 of Title 6.2, as rewritten by the Fairness in Lending Act (effective January 1, 2021).
Are title loans legal in Richmond city?
Car title loans are legal in Virginia from lenders licensed under Chapter 22 of Title 6.2.
Where can I get a small loan in Richmond city?
Options include 38 bank and 16 credit-union locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Richmond city?
Fill out our short online form from anywhere in Richmond city. We share it with lenders in our network that serve Virginia; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I get a loan in Richmond city with bad credit?
Yes, many lenders in our network work with Richmond city residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Can I get an emergency loan in Richmond city?
Yes. When an unexpected bill comes up, Richmond city residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.
Can I get a loan in Richmond city on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Richmond city residents can start any time, and it takes about 3 minutes.
Can I apply for a loan online in Richmond city?
Yes. You don't need to visit a branch or storefront anywhere in Richmond city. Our secure online form works on your phone or computer, takes about 3 minutes, and connects you with lenders in our network that serve Virginia. If you're approved and accept an offer, funds go directly to your bank account, often by the next business day.