Sands Point at a glance
- Population: 2,735, the 253rd-largest community in New York out of 595 (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,716 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 0.7% more residents than the 2020 Census base (US Census Bureau).
- Rank among New York places: 253rd by size among 595 communities (US Census Bureau).
- Size percentile: it exceeds roughly 57% of New York's Census places by population (US Census Bureau).
- Coordinates: it sits at 40.8534, -73.7036 in the US Census Bureau Gazetteer.
- Nearest larger cities: Port Washington North, NY (1 mi); Manorhaven, NY (1 mi); Sea Cliff, NY (3 mi); Kings Point, NY (3 mi); Flower Hill, NY (3 mi); US Census Bureau population estimates.
- Nearest smaller communities: Baxter Estates, NY (1 mi); Plandome Manor, NY (3 mi); Plandome, NY (3 mi), each a US Census place.
What a personal loan costs in Sands Point
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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.
New York lending rules that apply in Sands Point
The table lists the New York rules that apply to a loan made in Sands Point, each with the regulator that published it.
| 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 Sands Point
Before you share your details with a lender in Sands Point:
- 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.