Vergennes at a glance
- Population: 2,566 (US Census Bureau, Vintage 2023 subcounty estimate), the 11th-largest of 40 places in Vermont.
- 2020 Census base: 2,555 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: an increase of about 0.4% since the 2020 count (US Census Bureau).
- Rank among Vermont places: 11th out of 40 Census places (US Census Bureau).
- Size percentile: about 72% of Vermont's Census places are smaller (US Census Bureau).
- Coordinates: mapped at 44.1677, -73.2553 by the US Census Bureau Gazetteer.
- Nearest larger cities: South Burlington, VT (19 mi); Burlington, VT (22 mi); Winooski, VT (23 mi); Essex Junction, VT (23 mi); Montpelier, VT (35 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller places: Lake Placid, NY (37 mi); Cambridge, VT (37 mi); Jeffersonville, VT (39 mi) (US Census Bureau estimates).
What a personal loan costs in Vergennes
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Vermont lending rules that apply in Vergennes
The table carries the Vermont rate and licensing rules that apply to consumer loans made in Vergennes.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Vergennes
Before you commit to a personal loan in Vergennes, 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 Vermont using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.