West Winfield at a glance
- Population: 735 residents, the 470th-largest of 595 places in New York (US Census Bureau, Vintage 2023).
- 2020 Census base: 746 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: down about 1.5% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among New York places: 470th out of 595 Census places (US Census Bureau).
- Size percentile: roughly 21% of New York's places have fewer residents (US Census Bureau).
- Coordinates: 42.8838, -75.1914 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Waterville, NY (10 mi); Richfield Springs, NY (11 mi); Ilion, NY (12 mi); Frankfort, NY (12 mi); Mohawk, NY (13 mi); each population is a US Census Bureau estimate.
- Smaller towns nearby: Clayville, NY (7 mi); Oriskany Falls, NY (14 mi); Madison, NY (16 mi) (US Census Bureau).
What a personal loan costs in West Winfield
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
New York lending rules that apply in West Winfield
The sourced rows below are the rules a licensed lender must follow when lending in New York, and therefore in West Winfield.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in West Winfield
Run through this list before signing anything in West Winfield:
- 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.