Philadelphia at a glance
- Population: a Census-estimated 1,150, placing it 398th among New York's 595 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 1,177 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: a decline of roughly 2.3% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among New York places: 398th in population of 595 places (US Census Bureau).
- Size percentile: larger than about 33% of the Census places in New York (US Census Bureau).
- Coordinates: 44.1540, -75.7098 (US Census Bureau Gazetteer).
- Nearest larger cities: Black River, NY (11 mi); Carthage, NY (13 mi); West Carthage, NY (13 mi); Watertown, NY (16 mi); Gouverneur, NY (17 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Antwerp, NY (6 mi); Theresa, NY (6 mi); Evans Mills, NY (7 mi), each a US Census place.
What a personal loan costs in Philadelphia
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed 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.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
New York lending rules that apply in Philadelphia
The New York rate caps and licensing rules that reach Philadelphia are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Philadelphia
A few practical steps will make the process in Philadelphia less costly:
- 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.