Portville at a glance
- Population: 887, the 443rd-largest community in New York out of 595 (US Census Bureau, Vintage 2023).
- 2020 Census base: 913 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down roughly 2.8% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among New York places: 443rd of 595 by population (US Census Bureau, Vintage 2023).
- Size percentile: larger than about 26% of the Census places in New York (US Census Bureau).
- Coordinates: latitude 42.0367, longitude -78.3373 (US Census Bureau Gazetteer).
- Nearest larger cities: Olean, NY (6 mi); Allegany, NY (9 mi); Shinglehouse, PA (9 mi); Bolivar, NY (9 mi); Cuba, NY (13 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Eldred, PA (6 mi); Richburg, NY (10 mi); Oswayo, PA (18 mi), per US Census Bureau estimates.
What a personal loan costs in Portville
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
New York lending rules that apply in Portville
Read the table as the compliance picture for a lender serving Portville: label, sourced figure, publisher and date.
| 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 Portville
Run through this list before signing anything in Portville:
- 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.