Wesley Hills at a glance
- Population: a Census-estimated 6,167, placing it 143rd among New York's 595 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 6,146 residents here (US Census Bureau).
- 2020 to 2023 change: about 0.3% growth over the 2020 Census base (US Census Bureau).
- Rank among New York places: 143rd by size among 595 communities (US Census Bureau).
- Size percentile: larger than about 76% of the Census places in New York (US Census Bureau).
- Coordinates: 41.1576, -74.0790 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: New Square, NY (3 mi); Spring Valley, NY (3 mi); Airmont, NY (4 mi); Suffern, NY (5 mi); Chestnut Ridge, NY (5 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: New Hempstead, NY (2 mi); Montebello, NY (2 mi); Pomona, NY (3 mi) — US Census Bureau populations.
What a personal loan costs in Wesley Hills
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
New York lending rules that apply in Wesley Hills
The New York rate caps and licensing rules that reach Wesley Hills are listed below, each with its source and retrieval date.
| 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 Wesley Hills
A few practical steps will make the process in Wesley Hills 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 New York using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.