Personal loans in Virginia Beach, VA
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Virginia Beach, VA.
The median household in Virginia Beach earns $92,968 a year, about the same as the Virginia median of $93,170. About 9% of residents live below the federal poverty line, and 34.9% of households rent their home.
Virginia law that applies in Virginia Beach
| Rate cap | Licensed consumer finance lenders may charge a single annual interest rate of no more than 36%, computed only on the unpaid principal (no add-on or compounding). |
|---|---|
| License required | Yes. |
| Loan sizes covered | Installment loans of $300 to $35,000, with terms of 6 to 120 months, repayable in at least six substantially equal payments. |
Full rules with statute citations: Personal Loans in Virginia. Cities in Virginia cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Virginia Beach
Lenders that serve Virginia Beach typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Virginia Beach
What Virginia Beach borrowers use it for
keep getting to work while the shop fixes it
Need money nowthe fastest options online
Emergencieshandle the unexpected the same week
Holiday expensesgifts and travel without maxing a card
Loans for your situation
How to get a personal loan in Virginia Beach
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Virginia Beach
64 FDIC-insured bank branches from 17 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Truist Bank | 10 | 635 Lynnhaven Pkwy, Virginia Beach 23452 |
| Dollar Bank, Federal Savings Bank | 9 | 998 Independence Blvd, Virginia Beach 23455 |
| Wells Fargo Bank, National Association | 8 | 6563 College Park Sq, Virginia Beach 23464 |
| Bank of America, National Association | 6 | 1091 Independence Blvd, Virginia Beach 23455 |
| TowneBank | 6 | 984 First Colonial Rd, Virginia Beach 23454 |
| Atlantic Union Bank | 4 | 5472 Indian River Rd, Virginia Beach 23464 |
| PNC Bank, National Association | 4 | 4860 Virginia Beach Blvd, Virginia Beach 23462 |
| Fulton Bank, National Association | 3 | 4429 Bonney Rd, Virginia Beach 23462 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Virginia Beach
39 credit-union locations from 9 credit unions.
| Credit union | Location |
|---|---|
| Abnb | 5288 Providence Rd, Virginia Beach 23464 |
| 1St Advantage | 5386 Kempsriver Dr Ste 104, Virginia Beach 23464 |
| Va Beach Postal | 501 Viking Dr # A, Virginia Beach 23452 |
| Navy Federal Credit Union | 2261 Upton Dr, Virginia Beach 23454 |
| Pentagon | 4920 Haygood Rd, Virginia Beach 23455 |
| Langley | 930 First Colonial Rd, Virginia Beach 23454 |
| Chartway | 5700 Cleveland St, Virginia Beach 23462 |
| Bayport | 4388 Holland Rd, Virginia Beach 23452 |
| Beach Municipal | 4164 Virginia Beach Blvd, Virginia Beach 23452 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Virginia Beach city · Payday Loans in Virginia Beach · Title Loans in Virginia Beach
Frequently asked questions
Can I get a personal loan with bad credit in Virginia Beach?
Possibly. Lenders in our network consider applicants with fair and bad credit across Virginia, including Virginia Beach. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Virginia Beach, VA?
36% simple annual interest on licensed $300-$35,000 installment loans.
How fast can I get a personal loan in Virginia Beach?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
How do I apply for a personal loan with bad credit in Virginia Beach?
Start by gathering your ID, proof of income and bank account details. Then complete our online form with accurate information about your income and the amount you need. Lenders in our network review your request, and many respond within minutes. Asking for an amount that fits your income can improve your chances. If you're approved, you'll review the full terms before signing.
Are personal loans bad for your credit?
Not necessarily. Checking offers often uses a soft inquiry that doesn't affect your score, though a lender may do a hard pull before final approval. Once you have the loan, on-time payments can help build your credit history, especially with lenders that report to the major bureaus, while missed payments can lower your score. Virginia Beach residents can see their options in about 3 minutes.
How long does it take to get a personal loan in Virginia Beach?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Virginia Beach.
How do installment loans work in Virginia Beach?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Virginia Beach residents can see installment loan offers with our free 3-minute form.
Do I need to visit a store in Virginia Beach?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.