Bainbridge at a glance
- Population: 1,255 people, the 384th-largest place among New York's 595 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,279 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 1.9% below the 2020 Census base (US Census Bureau).
- Rank among New York places: 384th-largest of 595 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 35% of places in New York are smaller (US Census Bureau).
- Coordinates: latitude 42.3018, longitude -75.4798 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Sidney, NY (4 mi); Oxford, NY (11 mi); Greene, NY (15 mi); Norwich, NY (16 mi); Deposit, NY (17 mi) (US Census Bureau).
- Smaller places close by: Afton, NY (6 mi); Unadilla, NY (9 mi); Gilbertsville, NY (14 mi) (US Census Bureau).
What a personal loan costs in Bainbridge
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
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.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
New York lending rules that apply in Bainbridge
Each row below is a New York rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Bainbridge
A few practical steps will make the process in Bainbridge less costly:
- 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.