Weedsport at a glance
- Population: 1,768, the 321st-largest community in New York out of 595 (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,812 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a loss of about 2.4% since the 2020 count (US Census Bureau).
- Rank among New York places: 321st-largest of 595 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 46% of the places in New York (US Census Bureau).
- Coordinates: 43.0481, -76.5636 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Auburn, NY (8 mi); Skaneateles, NY (10 mi); Baldwinsville, NY (14 mi); Clyde, NY (16 mi); Solvay, NY (18 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Port Byron, NY (3 mi); Jordan, NY (5 mi); Elbridge, NY (6 mi) — US Census Bureau populations.
What a personal loan costs in Weedsport
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Weedsport
The sourced rows below are the rules a licensed lender must follow when lending in New York, and therefore in Weedsport.
| 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 Weedsport
The steps below are worth completing first when you borrow in Weedsport:
- 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.