Cambridge at a glance
- Population: 197, the 37th-largest community in Vermont out of 40 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 203 (US Census Bureau).
- 2020 to 2023 change: a loss of about 3.0% since the 2020 count (US Census Bureau).
- Rank among Vermont places: 37th out of 40 Census places (US Census Bureau).
- Size percentile: roughly 8% of places in Vermont rank below it by population (US Census Bureau).
- Coordinates: 44.6373 latitude, -72.8814 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Jeffersonville, VT (3 mi); Johnson, VT (10 mi); Hyde Park, VT (14 mi); Essex Junction, VT (15 mi); Morrisville, VT (15 mi) (US Census Bureau populations).
- Smaller towns nearby: Albany, VT (25 mi); Burke, NY (66 mi); Newfane, VT (115 mi) (US Census Bureau).
What a personal loan costs in Cambridge
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Vermont lending rules that apply in Cambridge
Read the table as the compliance picture for a lender serving Cambridge: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Prohibited — payday loans (postdated check lending) are explicitly banned in Vermont Source says: Payday loans (loans contingent on a postdated payment instrument) are explicitly banned. | Vermont Attorney General as of 2026-09-16 |
| Small-loan / installment lender licensing | Lender license required from the Commissioner (8 V.S.A. ch. 73, § 2201) Source says: Without first obtaining a license under this chapter from the Commissioner, a person shall not | Vermont General Assembly (Vermont Statutes Online) as of 2026-09-16 |
| State lending regulator | Vermont Department of Financial Regulation (DFR), Banking Division Source says: The Banking Division regulates the below listed non-depository financial services. | Vermont Department of Financial Regulation (DFR) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum general legal rate; 18% permitted for certain single-payment loans by regulated lenders (9 V.S.A. § 41a) Source says: the rate of interest or the sum allowed for forbearance or use of money shall be 12 percent per annum computed by the actuarial method | Vermont General Assembly (Vermont Statutes Online) as of 2026-09-16 |
How to compare offers in Cambridge
The order below is a sensible way to approach a loan in Cambridge:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Vermont using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.