Trumansburg at a glance
- Population: 1,681 residents, the 339th-largest of 595 places in New York (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,773 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 5.2% below the 2020 Census base (US Census Bureau).
- Rank among New York places: 339th in population of 595 places (US Census Bureau).
- Size percentile: roughly 43% of New York's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 42.5403, -76.6636 by the US Census Bureau Gazetteer.
- Nearest larger cities: Lansing, NY (10 mi); Cayuga Heights, NY (10 mi); Ithaca, NY (11 mi); Watkins Glen, NY (15 mi); Groton, NY (16 mi) — straight-line distances, US Census Bureau populations.
- Smaller towns nearby: Interlaken, NY (6 mi); Lodi, NY (10 mi); Ovid, NY (12 mi) (US Census Bureau).
What a personal loan costs in Trumansburg
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Trumansburg
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Trumansburg
Before you commit to a personal loan in Trumansburg, 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.