New Jersey Payday Loans laws and regulations

Short-term loans, or Payday advance are legal in New Jersey according to the state’s law. You can apply both online and in-store with a simple application form. If you qualify, you can get from $100 to $1,000 cash loan within 1 – 2 business days. Terms typically vary from 14 to 31 days. Then you are to repay the loan in full with your next paycheck. New Jersey laws regulate payday loan minimum and maximum amounts, interest rates and terms. Check the table below:

Legal StatusAvailable (with some restrictions)
Max Loan AmountN/A
Min Loan AmountN/A
Max Loan TermN/A
Min Loan TermN/A
Repayment TermN/A
Max APR30.00%
Min APRN/A
Average APRN/A
Finance ChargesN/A
Cooling-off PeriodNone

How Do New Jersey Payday Loans Work?

New Jersey Payday Loans are designed to help borrowers get emergency financing between paychecks. It’s quick money to pay for unexpected expenses such as urgent bills, car repair, dental or medical service, etc. The process from applying to getting the loan takes only a few minutes and is as easy as ABC:

  1. Complete a simple application form online.
  2. Get instant approval decision from direct lender.
  3. The money will be deposited into your bank account on the same day.

If you need cash immediately, visit the lender’s store at your location in New Jersey and get a Payday Loan in cash.

Do I Qualify For New Jersey Payday Loans?

To qualify for a short-term cash advance in New Jersey, you just need to meet some simple requirements:

  • New Jersey residence
  • Proof of regular income
  • Active checking account with direct deposit
  • Valid phone number and e-mail address
  • Social Security Number
  • Government issued ID.

Payday Loan with bad credit in New Jersey it's real?

New Jersey direct lenders don’t require any minimum credit score to you with short-term financing. Bad credit borrowers also qualify for Payday Loans in New Jersey. However, the better score you have, the lower interest rates you are going to be charged. So, it’s a good idea to improve your credit in order to get better deals.

New Jersey Payday Loans with No Credit Check

No credit check payday loans provide you with instant financing. Lenders do no hard inquiries to any of the major credit bureaus which saves lots of time. Besides, you can apply with any credit. Payday lenders consider your credit history to be not the most important factor for approval. They base their decision on other criteria. That’s why Payday Loans are so easy and fast!

Get a Payday loans in New Jersey fast same day!

If you need a loan today, New Jersey Payday Loans are the best choice. If you apply on a weekday, and manage to submit the loan request before 11am, you can get the money on the same day after approval. There’re also weekend Payday Loans available even on Saturday and Sunday. For the most urgent financing, try 1 hour Payday Loans no credit check. Just apply online.