Oriskany Falls at a glance
- Population: 643 people, the 487th-largest place among New York's 595 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 659 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down about 2.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among New York places: the 487th-largest of 595 (US Census Bureau, 2023 estimate).
- Size percentile: it is larger than about 18% of the places in New York (US Census Bureau).
- Coordinates: latitude 42.9380, longitude -75.4636 (US Census Bureau Gazetteer).
- Nearest larger cities: Waterville, NY (4 mi); Clinton, NY (9 mi); Hamilton, NY (9 mi); Morrisville, NY (10 mi); Vernon, NY (10 mi); each population is a US Census Bureau estimate.
- Smaller towns nearby: Madison, NY (4 mi); Munnsville, NY (7 mi); Clayville, NY (11 mi) (US Census Bureau).
What a personal loan costs in Oriskany Falls
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
New York lending rules that apply in Oriskany Falls
The New York rate caps and licensing rules that reach Oriskany Falls are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Licensed Lender license required (Banking Law Article 9, sections 340-361); administered via NMLS Source says: "The Department of Financial Services uses the Nationwide Multistate Licensing System and Registry (NMLS) to manage the Licensed Lender License." | New York State Department of Financial Services as of 2026-09-16 |
| State lending regulator | New York State Department of Financial Services (DFS) Source says: "Notify the Department of Financial Services at (800) 342-3736 if you believe payday loans are being made in New York" | New York State Department of Financial Services as of 2026-09-16 |
| Criminal usury in the second degree (Penal Law 190.40) | Interest rate exceeding 25% per annum; class E felony Source says: "at a rate exceeding twenty-five per centum per annum or the equivalent rate for a longer or shorter period" | New York State Senate (Open Legislation) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 16% per annum maximum civil rate (Banking Law 14-a; General Obligations Law 5-501) Source says: "The maximum rate of interest provided for in section 5-501 of the general obligations law shall be sixteen per centum per annum." | New York State Senate (Open Legislation) as of 2026-09-16 |
| Payday lending status | Illegal in New York State, in person, by telephone, or over the Internet Source says: "Payday loans are illegal in New York State." | New York State Department of Financial Services as of 2026-09-16 |
How to compare offers in Oriskany Falls
These steps are the ones that most affect the offer you receive in Oriskany Falls:
- 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 New York using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.