Saxtons River at a glance
- Population: 472 (US Census Bureau, Vintage 2023 subcounty estimate), the 29th-largest of 40 places in Vermont.
- 2020 Census base: 475 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 0.6% lower than the 2020 Census base (US Census Bureau).
- Rank among Vermont places: 29th largest of 40 (US Census Bureau).
- Size percentile: about 28% of Vermont's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 43.1394, -72.5111 in the US Census Bureau Gazetteer.
- Nearest larger cities: Bellows Falls, VT (3 mi); Keene, NH (16 mi); Claremont, NH (19 mi); Ludlow, VT (20 mi); Manchester, VT (28 mi); US Census Bureau population estimates.
- Nearest smaller towns: Westminster, VT (5 mi); Newfane, VT (13 mi); Jacksonville, VT (28 mi) (US Census Bureau).
What a personal loan costs in Saxtons River
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
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.
Vermont lending rules that apply in Saxtons River
The table lists the Vermont rules that apply to a loan made in Saxtons River, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Saxtons River
The steps below are worth completing first when you borrow in Saxtons River:
- 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.