North Bennington at a glance
- Population: about 1,705, 14th by size in Vermont of 40 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 1,716 (US Census Bureau).
- 2020 to 2023 change: down roughly 0.6% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Vermont places: 14th of the state's 40 Census places (US Census Bureau).
- Size percentile: it is larger than about 65% of the places in Vermont (US Census Bureau).
- Coordinates: 42.9206, -73.2409 (US Census Bureau Gazetteer).
- Nearest larger cities: Hoosick Falls, NY (6 mi); Cambridge, NY (10 mi); North Adams, MA (18 mi); Stillwater, NY (20 mi); Mechanicville, NY (23 mi); each population is a US Census Bureau estimate.
- Smaller towns nearby: Old Bennington, VT (3 mi); Valley Falls, NY (16 mi); Greenwich, NY (17 mi) (US Census Bureau).
What a personal loan costs in North Bennington
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Vermont lending rules that apply in North Bennington
The Vermont rate caps and licensing rules that reach North Bennington are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in North Bennington
Before you commit to a personal loan in North Bennington, work through these steps:
- 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.