Ad

PAYDAY LOANApplication Form

How much would you like to borrow?

By submitting your information you claim you have read and understood and agree to Privacy Policy, Terms of Use, Responsible Lending and Marketing Practices

New Jersey Payday Loans

New Jersey Payday Loans

4.2551150895141

Get quick and easy cash advance in New Jersey with a fast and simple online application.

You can apply for bad credit unsecured Payday Loans in New Jersey online and get the funding within 1 - 2 business days. You'll get an instant decision from the top direct lenders who can help you solve your urgent financial problems. 

Need emergency cash? Apply for Fast Payday Loans Online with no credit check required. Bad credit won't be a problem for approval. Financing is likely to be granted within 1 - 2 business days.

START ONLINE APPLICATION

Why Choose Compacom for Payday Loans in New jersey

If you've come across urgent financial needs and the next pay day is far away, Compacom will help you get instant cash today with fast and easy Online Payday Loans from the best New jersey direct lender. More than 536 668 trust us and they have clear-cut reasons.
Quick and Easy
Apply for a fast payday loan online right now and pay the money back with your next paycheck.
No Hard Credit Check
Get guaranteed instant approval decision without hard inquiry no matter what your credit is.
Safe and Reliable
Get connected with the best legit direct lenders. OLA certified. Trusted by thousands of US borrowers.

How New jersey Payday Loans Online Work - 3 Easy Steps to Instant Cash

Complete a simple application form online in minutes at the best New jersey lender's website.
If you qualify, you'll be approved fast same day. Check your rates and sign a loan agreement.
Get your Payday Loans fast with a direct deposit to your bank account.
Start Now

Are Payday Loans Legal in New Jersey?

Loan Rates and Fees, Laws and Regulations in New Jersey.

Payday Loans are restricted in New Jersey by N.J. Stat. Ann. tit. 17:1 et seq. caps the APR to 30%1.

Law statusavailable
MIN Loan AmountNone
MAX Loan AmountNone
MIN. Loan TermNone
MAX. Loan TermNone
MAX APR30%
Additional feesNone
NSF feeNone
Collateral or guarantorNone, unsecured
Number of simultaneous loansNone
Cooling off periodNone
RolloverNot allowed
Extension, repayment planNot allowed
Default penaltiesNot allowed
Credit score requirementsAvailable for Bad Credit
Apply online

Apply for Online Payday Loans and get instant decision from top lending organizations

Top Rated Payday Loan Companies

Rates last updated May 22nd, 2024
4.537037037037
(810 votes)
Funded Justice
$1,000
Max Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

200%
Min APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit
5
(1 vote)
E-Skills Loans
$1,000
Max Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

Available for Bad Credit
4.7931873479319
(822 votes)
Smart Pig
$1,000
Max Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

15,5%
Min MPR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit
4.5059328968903
(4K+ votes)
LEND YOU
$1,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

17,5%
MIN MPR

The minimal percentage allowed that actually represents monthly cost of your loan. The MPR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit
4.1394025604552
(1K+ votes)
Indylend
$1,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

200%
MIN APR

The percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral, or Co-signer

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

We are soon expanding to the following cities of New jersey. For instant cash advance at these locations you can use our online application form

Things to Know about Payday Loans in NJ

According to the U.S. Census Bureau, the median household income in New Jersey is $85,751, which is higher than the national median household income of $68,703. However, the state's poverty rate is 9.4%, with 853,000 residents living below the poverty line. Over 1.5 million payday loans are taken out in New Jersey a year, with the average loan amount being $495. Additionally, a survey conducted by the New Jersey Credit Union League found that 29% of New Jersey residents reported having no savings.

How to Apply for a Payday Loan in NJ

To apply for a payday loan in NJ, follow these steps:

  1. Find a licensed lender: Make sure the lender you choose is licensed to operate in New Jersey.

  2. Gather required information: You'll need to provide personal information such as your name, address, phone number, and email address. You'll also need to provide your employment information, including your employer's name and contact information, your job title, and your monthly income.

  3. Complete the application: Fill out the online application form or visit a physical location to fill out a paper application.

  4. Provide necessary documentation: You may be required to provide additional documentation, such as a copy of your ID or proof of income.

  5. Wait for approval: Once your application is submitted, the lender will review your information and decide whether to approve your loan.

  6. Receive funds: If your loan is approved, the lender will typically deposit the funds directly into your bank account the same day or provide you with a check.

  7. Repay the loan: Make sure you understand the terms of the loan and when it's due. Repay the loan on time to avoid additional fees and potential damage to your credit score.

What are the Requirements?

To qualify for a $100 - $500 payday loan in New Jersey, you must meet certain requirements, which may vary depending on the lender. Some of the general requirements to get a payday loan in NJ are:

  1. You must be at least 18 years old
  2. You must be a US citizen or a permanent resident
  3. You must have a valid ID or driver's license
  4. You must have a verifiable source of income
  5. You must have an active checking account in your name

Additionally, some lenders may require you to provide proof of income, such as a recent pay stub or bank statement, and may also conduct a credit check. It is important to carefully review the terms and requirements of each lender before applying for a payday loan in NJ.

Is Bad Credit OK?

In New Jersey, bad credit is generally accepted when applying for a payday loan. According to recent statistics, the average credit score in NJ is around 696, which is considered a good score. However, a significant number of residents still have bad credit due to various reasons such as missed payments, bankruptcy, or maxed out credit cards.

Approximately 20% of NJ residents have a credit score below 600, which is considered poor. These individuals may find it challenging to qualify for traditional loans from banks and credit unions. That's where payday loans can be a valuable option for those who need access to quick cash but have poor credit. As a reasonable and affordable alternative, you can apply for a tribal payday loan with guaranteed approval even to bad credit borrowers. Keep in mind that payday loans come with high-interest rates, so it's crucial to pay them back on time to avoid falling into a cycle of debt.

Online Payday Loans allow borrowers to get guaranteed emergency financing of small amounts from 100 to 1,500 instant cash even if they have a bad credit score. All credits are considered by New Jersey direct lenders with no hard credit check possible.

Cash Advance and other Money Offers in New jersey

Up to $5,000 instant cash with guaranteed approval from direct lender with a few months of scheduled installments.
$5,000 - $35,000 quick loans for any personal needs. Available for any credit score and don't require any collateral.
Fast Title Loans secured by your vehicle title as collateral. No inspection. No credit checks. Instant cash for bad credit same day.

FAQ

 
Can I get a Payday Loan in New Jersey with bad credit?
 
Can I get a no credit check Payday Loan in New Jersey?
 
How long does it take to get a Payday Loan in New Jersey?
 
Can I get a Tribal Loan in New Jersey?

Payday Loans Hub

In the Payday Loans Hub, we've collected all the useful guides and resources on Payday Loans. Our experts conducted thorough research to give you the answer to any possible question on the topic.

Top Articles

Start online application
Profile