South Blooming Grove at a glance
- Population: roughly 3,840 people; 199th of 595 places in New York (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 3,917 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 2.0% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among New York places: 199th in population of 595 places (US Census Bureau).
- Size percentile: it is larger than about 67% of the places in New York (US Census Bureau).
- Coordinates: 41.3737 latitude, -74.1670 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Kiryas Joel, NY (2 mi); Washingtonville, NY (4 mi); Monroe, NY (4 mi); Woodbury, NY (5 mi); Chester, NY (6 mi) (US Census Bureau).
- Smaller towns nearby: Harriman, NY (5 mi); Maybrook, NY (8 mi); Cornwall-on-Hudson, NY (9 mi) (US Census Bureau).
What a personal loan costs in South Blooming Grove
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
New York lending rules that apply in South Blooming Grove
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in South Blooming Grove
Before you commit to a personal loan in South Blooming Grove, work through these steps:
- 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.