Old Bennington at a glance
- Population: a Census-estimated 132, placing it 39th among Vermont's 40 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 134 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 1.5% lower than the 2020 Census base (US Census Bureau).
- Rank among Vermont places: the 39th-largest of 40 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 2% of places in Vermont rank below it by population (US Census Bureau).
- Coordinates: 42.8849 latitude, -73.2143 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: North Bennington, VT (3 mi); Hoosick Falls, NY (7 mi); Cambridge, NY (13 mi); North Adams, MA (15 mi); Valley Falls, NY (18 mi); US Census Bureau population estimates.
- Smaller towns nearby: Newfane, VT (29 mi); Fenwick, CT (120 mi) (US Census Bureau).
What a personal loan costs in Old Bennington
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Vermont lending rules that apply in Old Bennington
The table carries the Vermont rate and licensing rules that apply to consumer loans made in Old Bennington.
| 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 Old Bennington
Before you share your details with a lender in Old Bennington:
- 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.