Ardsley at a glance
- Population: 4,916, the 171st-largest community in New York out of 595 (US Census Bureau, Vintage 2023).
- 2020 Census base: 5,090 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: population fell about 3.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among New York places: 171st by size among 595 communities (US Census Bureau).
- Size percentile: about 71% of places in New York are smaller (US Census Bureau).
- Coordinates: 41.0135, -73.8393 (US Census Bureau Gazetteer).
- Nearest larger cities: Dobbs Ferry, NY (2 mi); Irvington, NY (2 mi); Hastings-on-Hudson, NY (3 mi); Elmsford, NY (3 mi); Scarsdale, NY (4 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Piermont, NY (4 mi); Rockleigh, NJ (5 mi); Alpine, NJ (5 mi) (US Census Bureau).
What a personal loan costs in Ardsley
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
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.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
New York lending rules that apply in Ardsley
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Ardsley
The steps below are worth completing first when you borrow in Ardsley:
- 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.