Wells River at a glance
- Population: 451 people, the 31st-largest place among Vermont's 40 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 436 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 3.4% growth over the 2020 Census base (US Census Bureau).
- Rank among Vermont places: 31st largest of 40 (US Census Bureau).
- Size percentile: about 22% of Vermont's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 44.1565, -72.0680 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Newbury, VT (5 mi); Barre, VT (22 mi); Lyndonville, VT (26 mi); Montpelier, VT (26 mi); Lebanon, NH (37 mi) (US Census Bureau populations).
- Nearest smaller towns: Marshfield, VT (19 mi); West Burke, VT (34 mi); Hyde Park, VT (41 mi) — US Census Bureau populations.
What a personal loan costs in Wells River
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Vermont lending rules that apply in Wells River
Each row below is a Vermont rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Wells River
The steps below are worth completing first when you borrow in Wells River:
- 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.