Swanton at a glance
- Population: 2,385, the 12th-largest community in Vermont out of 40 (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,350 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: up roughly 1.5% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Vermont places: 12th out of 40 Census places (US Census Bureau).
- Size percentile: roughly 70% of places in Vermont rank below it by population (US Census Bureau).
- Coordinates: 44.9245, -73.1194 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): St. Albans, VT (8 mi); Plattsburgh, NY (23 mi); Winooski, VT (30 mi); Essex Junction, VT (30 mi); Burlington, VT (30 mi) (US Census Bureau).
- Nearest smaller communities: Alburgh, VT (10 mi); Rouses Point, NY (13 mi); Enosburg Falls, VT (16 mi) (Census populations).
What a personal loan costs in Swanton
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
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 repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Vermont lending rules that apply in Swanton
The sourced rows below are the rules a licensed lender must follow when lending in Vermont, and therefore in Swanton.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 12% per annum general legal rate; 18% permitted for certain single-payment loans by regulated lenders (9 V.S.A. § 41a) Source says: the rate of interest or the sum allowed for forbearance or use of money shall be 12 percent per annum computed by the actuarial method | Vermont General Assembly (Vermont Statutes Online) as of 2026-09-16 |
| Payday lending status | Prohibited — payday loans (postdated check lending) are explicitly banned in Vermont Source says: Payday loans (loans contingent on a postdated payment instrument) are explicitly banned. | Vermont Attorney General as of 2026-09-16 |
| Small-loan / installment lender licensing | Lender license required from the Commissioner (8 V.S.A. ch. 73, § 2201) Source says: Without first obtaining a license under this chapter from the Commissioner, a person shall not | Vermont General Assembly (Vermont Statutes Online) as of 2026-09-16 |
| State lending regulator | Vermont Department of Financial Regulation (DFR), Banking Division Source says: The Banking Division regulates the below listed non-depository financial services. | Vermont Department of Financial Regulation (DFR) as of 2026-09-16 |
How to compare offers in Swanton
A few practical steps will make the process in Swanton 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 Vermont using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.