Personal loans in New Britain, CT
New Britain counts about 74,080 people, and what is genuinely local about borrowing here is limited — Connecticut law does the governing.
To lend to New Britain's 74,080 residents, a company must hold a Connecticut licence, and each sourced row below names the regulator behind it. At about 74,080 residents, New Britain is larger than roughly 72% of the places in Connecticut. Use the calculator on this page to price an amount and term before you commit in New Britain. From the 2020 Census base to the 2023 estimate, the population declined by about 0.1%. Borrowers who want a bigger city can look to Hartford, CT about 8 miles away.
New Britain by the numbers
Read the local figures below as context; read the sourced Connecticut table as the rulebook a lender here must follow.
- Population: 74,080 people, a figure that places New Britain 8th among the 29 Census places in Connecticut (US Census Bureau, Vintage 2023).
- Population trend: Lower by roughly 0.1% since the 2020 count.
- Absolute change: 75 residents lost between 2020 and 2023.
- Size percentile: about 72% of Connecticut communities are smaller than New Britain (74,080 residents).
- Land and density: 13.4 square miles of land carry roughly 5,530 residents per square mile.
- Land area: New Britain covers 13.4 square miles, the 15th-largest area among Connecticut's 29 places.
- Water area: New Britain has 0.07 square miles of water, ranking 22nd of 29 places in Connecticut.
- Within Connecticut: about 5.4% of the state's population lives in New Britain.
- National rank: New Britain is 498th of 19,457 places nationwide.
- Growth rank: New Britain's 2020-to-2023 change ranks 21st of 29 places in Connecticut.
- Against the state trend: New Britain's 0.1% change compares with a Connecticut average of +2.5% across its 29 places.
- Density in Connecticut: New Britain ranks 5th by people per square mile.
- Against the state median: New Britain runs about 5,530 residents per square mile, where the Connecticut median is 2,915.
- Location: it lies at 41.6766, -72.7862 in the Census Gazetteer.
- Nearest larger cities: Hartford (8 mi); Waterbury (15 mi); New Haven (26 mi); Springfield (33 mi); Bridgeport (40 mi). A branch is convenient; it is not what sets your APR.
- Smaller places close by: Bristol (8 mi); Meriden (10 mi); Middletown (11 mi).
- Smaller neighbours: 35 places smaller than New Britain sit within 50 miles.
- Larger places within 100 miles: 29.
How Connecticut law applies in New Britain
For the roughly 74,080 residents of New Britain, the rules below are Connecticut's own; each row carries its publisher and retrieval 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 |
| Payday lending status | Not permitted — payday loans (small loans at more than 12% APR) are void and unenforceable unless made by exempt persons; licensed small loan companies may charge up to 36% APR Source says: "Connecticut Banking Law considers such loans as void and unenforceable"; "Small Loan licensees can charge up to 36% annual percentage rate (APR)". | 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 |
How personal loans work in New Britain
Most loans made to New Britain's 74,080 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Federal Truth in Lending rules require a New Britain lender to disclose the APR and finance charge before you sign. Shortening the term on a New Britain loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Land, water and location for New Britain
Inside New Britain's boundaries lie roughly 13.4 square miles of land and 0.07 square miles of water. With 74,080 residents, the land area yields roughly 5,530 people per square mile. For the state's biggest city, Bridgeport, the distance is roughly 40 miles. A 50-mile radius around New Britain takes in 6 places that are larger. Within the same 50 miles lie 35 smaller Census places.
How New Britain compares across Connecticut
Among Connecticut's 29 places, New Britain sits at 8th for population, a share of roughly 5.4% of the state. On the 2020-to-2023 trend, New Britain stands 21st among Connecticut's 29 places — roughly the 28th percentile. At about 5,530 people per square mile, New Britain is the 5th most densely settled place in Connecticut. Between 2020 and 2023 the count changed by roughly 75 residents.
How lenders reach New Britain
With about 5,530 residents per square mile, New Britain is densely built, and 6 larger Census places sit within 50 miles. A Connecticut licence lets a lender serve New Britain without a local office, so branch density does not change what its 74,080 residents are offered. The nearest bigger place is Hartford, CT about 8 miles away.
Common questions
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Nearby places
- Hartford, CT — population 119,669
- Meriden, CT — population 60,111
- Bristol, CT — population 61,601
- Middletown, CT — population 47,984
- Waterbury, CT — population 114,990
- Naugatuck, CT — population 31,820
- Torrington, CT — population 35,550
- New Haven, CT — population 135,319