Saddle Rock at a glance
- Population: roughly 981 people; 422nd of 595 places in New York (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 984 residents here (US Census Bureau).
- 2020 to 2023 change: about 0.3% below the 2020 Census base (US Census Bureau).
- Rank among New York places: 422nd largest of 595 (US Census Bureau).
- Size percentile: roughly 29% of New York's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 40.7944, -73.7493 by the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Great Neck Estates, NY (1 mi); Great Neck, NY (1 mi); Great Neck Plaza, NY (1 mi); Kensington, NY (1 mi); Kings Point, NY (2 mi) (US Census Bureau).
- Smaller towns nearby: Russell Gardens, NY (2 mi); Plandome Manor, NY (3 mi); Matinecock, NY (10 mi) (US Census Bureau).
What a personal loan costs in Saddle Rock
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.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
New York lending rules that apply in Saddle Rock
The table lists the New York rules that apply to a loan made in Saddle Rock, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Saddle Rock
Before you share your details with a lender in Saddle Rock:
- 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.