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.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

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.

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.

RuleDetailSource
State lending regulatorConnecticut 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 licensingSmall 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.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Groton Long Point if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Groton Long Point is the same as anywhere in Connecticut.
What loan size can I expect in Groton Long Point?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Groton Long Point?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Groton Long Point cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Related