Personal loans in Groton Long Point, CT
For the 517 people in Groton Long Point, Connecticut runs its own consumer-lending licensing, and the sourced table below lists the figures that apply.
The roughly 517 people who live in Groton Long Point borrow under Connecticut rules; city hall sets no personal-loan rate. The Census estimates 517 residents in Groton Long Point, which ranks it 28th of 29 places in Connecticut. Population in Groton Long Point dropped about 0.4% over the three years from 2020 to 2023. Price two or three terms so you can see which payment is truly affordable in Groton Long Point. The closest larger city is Groton, CT about 3 miles away.
Local context for Groton Long Point
What follows is Groton Long Point's place in the Census record, alongside the Connecticut rules that govern a personal loan made here.
- Population: an estimated 517 residents, 28th of 29 places in Connecticut (Census Vintage 2023 subcounty estimate).
- Population trend: A drop of about 0.4% from 2020 to 2023.
- People gained or lost: about 2 fewer since the 2020 base.
- Size percentile: with 517 residents, Groton Long Point is larger than about 3% of Connecticut's Census places.
- Density: roughly 1,211 residents per square mile, spread over 0.4 sq mi of land.
- Land area rank: Groton Long Point's 0.4 square miles rank 26th of 29 places in Connecticut.
- Water area: Groton Long Point has 0.02 square miles of water, ranking 25th of 29 places in Connecticut.
- Share of Connecticut: Groton Long Point holds about 0.0% of the state's population, some 517 people.
- National standing: Groton Long Point ranks 13,028th of 19,457 US places.
- Growth in Connecticut: Groton Long Point stands 22nd by percentage change from 2020 to 2023, among 29 places.
- Against the state trend: Groton Long Point's 0.4% change compares with a Connecticut average of +2.5% across its 29 places.
- Density rank: Groton Long Point places 23rd among Connecticut's places by people per square mile.
- Density vs Connecticut: Groton Long Point's 1,211 people per square mile compare with a state median of 2,915.
- Location: latitude 41.3142, longitude -72.0102 (Census Gazetteer).
- Nearest larger cities: Groton (3 mi); New London (5 mi); Stonington (6 mi); Norwich (17 mi); Jewett City (20 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller communities close by: Fenwick (18 mi); Dering Harbor (23 mi); West Hampton Dunes (52 mi), each with its own Census population profile.
- Within a 50-mile radius: 2 smaller Census places.
- Within 100 miles: 202 places are larger than Groton Long Point.
How Groton Long Point compares across Connecticut
Against Connecticut's other places, Groton Long Point accounts for about 0.0% of the state's population and ranks 28th of 29 by size. On the 2020-to-2023 trend, Groton Long Point stands 22nd among Connecticut's 29 places — roughly the 24th percentile. Its roughly 1,211 residents per square mile place it 23rd among Connecticut's places. Within 50 miles sit 2 smaller Census places, alongside the 25 that are larger.
Getting a loan in Groton Long Point
Groton Long Point is a moderately settled community of about 517 people, with 25 larger places inside a 50-mile radius. Whether Groton Long Point has a local branch or not, a Connecticut-licensed lender can serve its 517 people online on the same terms. The nearest larger city, Groton, CT about 3 miles away.
Connecticut rules behind a Groton Long Point personal loan
Read the table as a lender's compliance picture for Groton Long Point: the rule, the sourced figure, the publisher and the date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Connecticut Department of Banking Source says: "The Department of Banking considers payday loan companies as unlicensed small loan lenders". | Connecticut Department of Banking as of 2026-09-16 |
| Small-loan / installment lender licensing | Small loan license required for loans of $50,000 or less with an APR greater than 12% (Small Loan Lending and Related Activities Act, C.G.S. §§ 36a-555 to 36a-573) Source says: "Without having first obtained a small loan license from the commissioner pursuant to section 36a-565, no person shall". | Connecticut General Assembly — C.G.S. § 36a-556 (2026 Supplement) as of 2026-09-16 |
| Small-loan APR caps (§ 36a-558(d)) | Loans under $5,000: lesser of 36% APR or the Military Lending Act rate cap; loans $5,000–$50,000: 25% APR Source says: "an APR that exceeds the lesser of thirty-six per cent"; "an APR that exceeds twenty-five per cent". | Connecticut General Assembly — C.G.S. § 36a-558(d) (2026 Supplement) as of 2026-09-16 |
Groton Long Point: area, density and distance
The Census Gazetteer records 0.4 square miles of land and 0.02 square miles of water within Groton Long Point. Spread across it are roughly 1,211 residents per square mile. Bridgeport, the largest place in Connecticut, is about 62 miles from Groton Long Point. A 50-mile radius around Groton Long Point takes in 25 places that are larger. By land area it ranks 26th of 29 Connecticut places.
What a Groton Long Point borrower is actually offered
Most loans made to Groton Long Point's 517 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Two numbers drive a Groton Long Point loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Groton Long Point loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Common questions
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Nearby places
- Groton, CT — population 9,302
- New London, CT — population 27,560
- Stonington, CT — population 994
- Norwich, CT — population 39,881
- Jewett City, CT — population 3,451
- Fenwick, CT — population 43
- Dering Harbor, NY — population 35
- East Hampton, NY — population 1,546