Personal loans in Phelps, NY

From the 2020 Census base to the 2023 estimate, the population declined by about 0.8%. Rate ceilings, licensing requirements and product limits for Phelps are all set at the New York level. Use the calculator on this page to price an amount and term before you commit in Phelps. A larger market lies at Clifton Springs, NY about 4 miles away.

Phelps: population, trend and location

What follows is Phelps's place in the Census record, alongside the New York rules that govern a personal loan made here.

• Population: 1,856 people, a figure that places Phelps 314th among the 595 Census places in New York (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is negative, near 0.8%.
• Absolute change: 15 residents lost between 2020 and 2023.
• Size percentile: bigger than about 47% of the places in New York, with 1,856 residents in Phelps.
• Population density: about 1,604 people per square mile (Census land area 1.2 sq mi).
• Land area: Phelps covers 1.2 square miles, the 345th-largest area among New York's 595 places.
• Share of state population: Phelps's 1,856 residents are about 0.0% of New York.
• Nationally: Phelps is the 7,890th-largest of 19,457 Census places in the dataset.
• Growth rank: Phelps's 2020-to-2023 change ranks 186th of 595 places in New York.
• Versus New York: the state average change is -1.1%, while Phelps moved 0.8%.
• Density in New York: Phelps ranks 280th by people per square mile.
• Density in context: Phelps's 1,604 people per square mile sit against a New York median of 1,515.
• Location: mapped by the US Census Bureau at 42.9581, -77.0621.
• Nearest larger cities: Clifton Springs (4 mi); Newark (6 mi); Geneva (8 mi); Waterloo (11 mi); Palmyra (11 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Nearest smaller towns: Shortsville (8 mi); Manchester (9 mi); Rushville (16 mi) — useful context for the surrounding area.
• Smaller neighbours: 46 places smaller than Phelps sit within 50 miles.
• Larger places within 100 miles: 112.

What is available to Phelps borrowers

Phelps is a moderately settled community of about 1,856 people, with 42 larger places inside a 50-mile radius. What is available to Phelps's 1,856 borrowers is set by New York licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Clifton Springs, NY about 4 miles away.

Phelps: area, density and distance

The Census Gazetteer records about 1.2 square miles of land within Phelps, with no significant water area listed. With 1,856 residents, the land area yields roughly 1,604 people per square mile. New York, the largest place in New York, is about 226 miles from Phelps. Within 50 miles of Phelps there are 42 larger Census places. The 100-mile radius contains 112 larger places.

What to do before borrowing in Phelps

These steps shape the offer you get in Phelps, a place of about 1,856 people:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Model the payment on the calculator before a lender models it for you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Confirm the lender holds a New York licence by checking the regulator named above.
5. Be clear on what the loan is for and how it gets repaid.
6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

None of these steps is Phelps-specific: the same New York licensing and disclosure rules reach all 1,856 residents.

New York consumer-lending rules applied in Phelps

Read the table as a lender's compliance picture for Phelps: the rule, the sourced figure, the publisher and the date.

The anatomy of a Phelps personal loan

In Phelps, a small community of about 1,856, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Phelps can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Phelps loan is knowable in advance — unlike a revolving card balance.