Richburg at a glance
- Population: 410 residents, the 547th-largest of 595 places in New York (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 417 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 1.7% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among New York places: 547th of the state's 595 Census places (US Census Bureau).
- Size percentile: roughly 8% of New York's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 42.0888, -78.1565 by the US Census Bureau Gazetteer.
- Nearest larger cities: Bolivar, NY (1 mi); Shinglehouse, PA (9 mi); Portville, NY (10 mi); Cuba, NY (11 mi); Wellsville, NY (11 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Oswayo, PA (14 mi); Almond, NY (27 mi); Ellicottville, NY (29 mi), each a US Census place.
What a personal loan costs in Richburg
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
New York lending rules that apply in Richburg
The table carries the New York rate and licensing rules that apply to consumer loans made in Richburg.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Richburg
The steps below are worth completing first when you borrow in Richburg:
- 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.