North Hills at a glance
- Population: 5,370 residents, the 162nd-largest of 595 places in New York (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 5,463 (US Census Bureau).
- 2020 to 2023 change: down about 1.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among New York places: 162nd in population of 595 places (US Census Bureau).
- Size percentile: roughly 73% of New York's places have fewer residents (US Census Bureau).
- Coordinates: 40.7764, -73.6778 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Williston Park, NY (2 mi); Great Neck Plaza, NY (3 mi); Mineola, NY (3 mi); East Hills, NY (3 mi); New Hyde Park, NY (3 mi) — straight-line distances, US Census Bureau populations.
- Smaller towns nearby: Roslyn Estates, NY (1 mi); Munsey Park, NY (2 mi); Lake Success, NY (2 mi) (US Census Bureau).
What a personal loan costs in North Hills
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.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
New York lending rules that apply in North Hills
The New York rate caps and licensing rules that reach North Hills are listed below, each with its source and retrieval date.
| 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 North Hills
Before you share your details with a lender in North Hills:
- 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.