New Jersey Best Personal Loan Rates - September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current personal loan options available to borrowers in New Jersey include: Union County Employees Federal Credit UnionUnion County Employees Federal Credit Union10 Elizabethtown Plz Fl 3, Elizabeth, NJ, 07202 3451A+5.0 ★Texas Ratio: 1.38% offering Pledged Shares Loan at 6.00% APR, Local 1233 Federal Credit UnionLocal 1233 Federal Credit Union19 Fenwick St, Newark, NJ, 07114A+5.0 ★Texas Ratio: 0.27% offering Signature Loan D at 6.00% APR, Division 819 Transit Employees Credit UnionDivision 819 Transit Employees Credit Union186 Brookside Ave, Irvington, NJ, 07111A+5.0 ★Texas Ratio: 2.73% offering Unsecured Loans at 6.50% APR, Self Reliance NY Federal Credit UnionSelf Reliance NY Federal Credit Union477 Jeremiah Ave, Trenton, NJ, 08610A+5.0 ★Texas Ratio: 2.19% offering Personal Loan at 6.99% APR, and 1st Bergen Federal Credit Union1st Bergen Federal Credit Union392 Main St, Hackensack, NJ, 07601 5805A5.0 ★Texas Ratio: 6.49% offering Unsecured loans at 6.99% APR. Personal loan rates as of September 22, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare personal loan rates across New Jersey side-by-side. New Jersey personal loan rates currently start as low as 6.00% APR from Union County Employees Federal Credit Union at 10 Elizabethtown Plz Fl 3, Elizabeth, NJ, 07202 3451. Rates are continually updated, so we recommend checking back frequently.
We empower borrowers with transparent, proprietary financial health metrics, including A-F Safety Grades, verified Star Ratings, and Texas Ratios, so you can confidently borrow from a stable, highly-rated institution in New Jersey.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in New Jersey. Rates shown are typically “as low as” APRs for borrowers with excellent credit. Your final approved rate will depend on your credit history, credit score, income, and loan amount. Personal Loan Rates Last Updated and Verified: September 22, 2026
New Jersey Personal Loan Rates
No additional details available.
Loan Interest Rate Grid
Additional APR listed for this product: 7.50%, 12.50%, 14.50%, 17.50%. Based on individual applications
Rates as low as
Qualifications Required: qualifying borrowers; Back to School Special: Fixed 6.99% APR for qualifying borrowers on unsecured loans up to $2,500 for up to 24 months.
No additional details available.
As Low As
No additional details available.
up to $50,000; Published APR range: 7.25 - 15.25%.
As Low As
No additional details available.
No additional details available.
As low as; No prepayment penalties; Payment protection available
No additional details available.
As low as
1
No additional details available.
Rates as low as*
No additional details available.
up to $50,000; Published APR range: 8.00 - 16.00%.
No additional details available.
No additional details available.
Published rate range: 8.49% - 15.99%. interest rate based on credit score
Rates as low as*
Up to $15,000. Starting as low as 8.5%
Max $20,000; Rates are determined by your personal credit history and payment method, so your rate may differ. APR = Annual Percentage Rate. Rates subject to change at any time. Other restrictions & details may apply. These rates are advertised as low as.
As Low As; Up to $15,000
No additional details available.
No additional details available.
Rates include a 0.25% discount for direct deposit and electronic payment from a United Teletech checking account.
up to $50,000; Published APR range: 8.75 - 16.75%.
As low as; Rates effective as of 03/01/2025 * All Rates Are Subject to Change *
As Low As; Maximum Loan Amount: 35000
No additional details available.
No additional details available.
With credit score of 750 and above. Max of $25,000.00.
total not to exceed $25,000
As Low As
APR* (as low as) with Direct Deposit
Credit Range: 730 Plus; Grade: A+; Borrowers need qualified "C" or better co-signer. A-A+ = 3 times monthly/B-C=2times/D-E 1 time monthly salary
No additional details available.
As low as; From debt consolidation to lower-rate options, we'll help you find a path that feels more manageable.
No additional details available.
As Low As
Rates as low as*
As Low As; Minimum Savings Balance of $100 required to be eligible for loans.
No additional details available.
As low as*
total not to exceed $40,000
APR* (as low as) with Direct Deposit
As Low As
As Low As
Rates include 0.25% reduction for automatic payments made from your Motion account. These rates are advertised as low as.
Credit Range: 730 Plus; Grade: A+; Borrowers need qualified "C" or better co-signer. A-A+ = 3 times monthly/B-C=2times/D-E 1 time monthly salary
No additional details available.
Rates from 9.74% - 18.00%
No additional details available.
Rates as low as*
As Low As; Loan eligibility, rates and terms are determined by Liberty Savings Federal Credit Union and are based on the borrower's credit worthiness. Rates and terms are subject to change without notice.
No additional details available.
As Low As; Minimum Borrow Amount: $500.00; Maximum Borrow Amount: $60,000.00
Min. Amt. to Borrow: $500.00; Max. Amt. to Borrow: $60,000.00
No additional details available.
As low as
Maximum Loan Amount: $5,000
First Year in the District; Maximum $1000 (With cosigner Maximum $3500); APR range: 9.95% - 11.95% APR
Includes a 0.5% discount for enrolling in automatic payments. Your APR will depend on a variety of factors including your creditworthiness, term of loan, and existing relationship with Citi. Rates as of 2-14-2026. Your APR may be as low as 9.99% or as high as 17.49% for the term of your loan. The lowest rate quoted assumes excellent credit, a loan term of 36 or 48 months, and includes a 0.5% APR discount for enrollment in automatic payments at the time of loan origination.
No additional details available.
As low as
Personal Loan APR as low as*
APR* (as low as) with Direct Deposit
APR* (as low as) with Direct Deposit
As Low As
As low as; Other Rates and Terms Apply.
As Low As
No additional details available.
No additional details available.
No additional details available.
Actual rate will vary based on creditworthiness and loan term. Subject to credit approval. Loan payment example: A $2,000 Personal Loan financed at 10.24% APR for 24 months, would have a monthly payment amount of $92.51.
As Low As
total not to exceed $25,000
As low as; Other Rates and Terms Apply.
Personal Loan APR as low as*
APR* (as low as) with Direct Deposit
APR* (as low as) with Direct Deposit
Condition: Up to $15,000.
No additional details available.
Rates include 0.25% reduction for automatic payments made from your Motion account. These rates are advertised as low as.
As Low As; Must have over 6-months of employment.
Credit Report Score: 650 and Above
No additional details available.
Relationship Premium Annual Percentage Rates As Low As
As Low As
total not to exceed $40,000
Personal Loan APR as low as*
Rates as low as*
As Low As
As Low As
As Low As
No additional details available.
With credit score of 700 - 749. Max of $20,000.00.
Borrow Amount: Up to $15,000
Without Direct Deposit; As Low As
APR* (as low as) with Direct Deposit
As Low As
No additional details available.
No additional details available.
up to $10,000 for 3 years
No additional details available.
No additional details available.
No additional details available.
Rates include 0.25% reduction for automatic payments made from your Motion account. These rates are advertised as low as.
As Low As
total not to exceed $25,000
No additional details available.
No additional details available.
No additional details available.
APR* (as low as) with Direct Deposit
Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As
Credit Report Score: 650 and Above
New Jersey Personal Loan Rates
Rates as low as
No additional details available.
As Low As
As low as; No prepayment penalties; Payment protection available
Rates as low as*
No additional details available.
Rates as low as*
Up to $15,000. Starting as low as 8.5%
As Low As; Up to $15,000
Rates include a 0.25% discount for direct deposit and electronic payment from a United Teletech checking account.
As low as; Rates effective as of 03/01/2025 * All Rates Are Subject to Change *
As Low As; Maximum Loan Amount: 35000
With credit score of 750 and above. Max of $25,000.00.
total not to exceed $25,000
As Low As
No additional details available.
Rates as low as*
As low as*
Rates include 0.25% reduction for automatic payments made from your Motion account. These rates are advertised as low as.
No additional details available.
Rates from 9.74% - 18.00%
No additional details available.
Rates as low as*
As Low As; Minimum Borrow Amount: $500.00; Maximum Borrow Amount: $60,000.00
No additional details available.
First Year in the District; Maximum $1000 (With cosigner Maximum $3500); APR range: 9.95% - 11.95% APR
Includes a 0.5% discount for enrolling in automatic payments. Your APR will depend on a variety of factors including your creditworthiness, term of loan, and existing relationship with Citi. Rates as of 2-14-2026. Your APR may be as low as 9.99% or as high as 17.49% for the term of your loan. The lowest rate quoted assumes excellent credit, a loan term of 36 or 48 months, and includes a 0.5% APR discount for enrollment in automatic payments at the time of loan origination.
As low as
APR* (as low as) with Direct Deposit
As Low As
As Low As
No additional details available.
No additional details available.
No additional details available.
Actual rate will vary based on creditworthiness and loan term. Subject to credit approval. Loan payment example: A $2,000 Personal Loan financed at 10.24% APR for 24 months, would have a monthly payment amount of $92.51.
total not to exceed $25,000
APR* (as low as) with Direct Deposit
Condition: Up to $15,000.
Rates include 0.25% reduction for automatic payments made from your Motion account. These rates are advertised as low as.
No additional details available.
Relationship Premium Annual Percentage Rates As Low As
Rates as low as*
With credit score of 700 - 749. Max of $20,000.00.
Borrow Amount: Up to $15,000
APR* (as low as) with Direct Deposit
No additional details available.
No additional details available.
up to $10,000 for 3 years
No additional details available.
Rates include 0.25% reduction for automatic payments made from your Motion account. These rates are advertised as low as.
total not to exceed $25,000
No additional details available.
APR* (as low as) with Direct Deposit
Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
New Jersey Debt Consolidation Loan Rates
Max $20,000; Rates are determined by your personal credit history and payment method, so your rate may differ. APR = Annual Percentage Rate. Rates subject to change at any time. Other restrictions & details may apply. These rates are advertised as low as.
APR* (as low as) with Direct Deposit
As low as; From debt consolidation to lower-rate options, we'll help you find a path that feels more manageable.
As Low As; Minimum Savings Balance of $100 required to be eligible for loans.
total not to exceed $40,000
APR* (as low as) with Direct Deposit
APR* (as low as) with Direct Deposit
APR* (as low as) with Direct Deposit
total not to exceed $40,000
Without Direct Deposit; As Low As
No additional details available.
total not to exceed $40,000
total not to exceed $40,000
UP TO $30,000.00; A and A+ paper only; Proceeds made directly to creditors only!
total not to exceed $40,000
Max of $20,000.00
total not to exceed $40,000
total not to exceed $40,000
total not to exceed $40,000
New Jersey Signature Loan Rates
Loan Interest Rate Grid
As Low As
No additional details available.
No additional details available.
No additional details available.
As low as
1
No additional details available.
No additional details available.
Published rate range: 8.49% - 15.99%. interest rate based on credit score
No additional details available.
No additional details available.
As Low As
No additional details available.
As Low As
No additional details available.
As low as
First Year in the District; Maximum $1000 (With cosigner Maximum $3500); APR range: 9.95% - 11.95% APR
Personal Loan APR as low as*
As low as; Other Rates and Terms Apply.
As Low As
As low as; Other Rates and Terms Apply.
Personal Loan APR as low as*
As Low As; Must have over 6-months of employment.
As Low As
Personal Loan APR as low as*
As Low As
As Low As
New Jersey Personal Loan Rate Trends
Compare local New Jersey personal loan rates against the statewide average
Daily personal loan rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
New Jersey personal loan rates fell 0.280 points over the past 7 days to 11.226% APR.
New Jersey signature loan rates fell 0.522 points over the past 7 days to 10.096% APR.
New Jersey Personal Loan Rate Forecast, Next 12 Months
Personal loan APRs follow lender funding costs and credit conditions. Our model projects the likely path of personal and signature loan averages from the current New Jersey figures.
Forecast Methodology & Assumptions
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; unsecured lenders reprice new offers within one to two policy cycles, and advertised as-low-as rates move before average approved rates do.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
What Would Your Monthly Payment Be?
Estimated monthly payments at the current NJ average personal loan APR of 11.23%, across the terms lenders serving New Jersey most commonly offer. Personal loans are fixed-rate and fully amortizing, so the payment never changes and the balance reaches zero on schedule.
| Loan Amount | 24 Months | 36 Months | 48 Months | 60 Months |
|---|---|---|---|---|
| $5,000 | $233.56/mo | $164.23/mo | $129.78/mo | $109.28/mo |
| $10,000 | $467.13/mo | $328.46/mo | $259.55/mo | $218.55/mo |
| $15,000 | $700.69/mo | $492.69/mo | $389.33/mo | $327.83/mo |
| $25,000 | $1,167.82/mo | $821.14/mo | $648.88/mo | $546.38/mo |
| $35,000 | $1,634.95/mo | $1,149.60/mo | $908.44/mo | $764.93/mo |
Principal and interest only. Does not include any origination fee, which some lenders deduct from your loan proceeds. Your APR depends on credit score, income, loan amount, term, and lender underwriting.
Consolidating Credit Card Debt in New Jersey
Debt consolidation is the most common reason people take a personal loan, and the math is usually straightforward: credit cards carry variable double-digit APRs, while a personal loan locks in a fixed rate and a fixed payoff date. Below is the total interest on a $15,000 balance repaid over 48 months at the NJ personal loan average versus a range of typical credit card APRs.
| Repayment Option | APR | Monthly Payment | Total Interest | Interest Saved |
|---|---|---|---|---|
| Personal Loan (NJ average) | 11.23% | $389.33 | $3,688 | — |
| Credit card at 18% APR | 18.00% | $440.62 | $6,150 | $2,462 |
| Credit card at 22% APR | 22.00% | $472.59 | $7,684 | $3,997 |
| Credit card at 26% APR | 26.00% | $505.76 | $9,276 | $5,589 |
The 18%, 22%, and 26% figures are illustrative points across the range card issuers commonly charge, not a published average. Check your own statement for your actual APR, then use the calculator below to run your real numbers. This comparison assumes a fixed 48-month payoff in both cases; paying only the card minimum would stretch the timeline and raise interest substantially. Consolidation only helps if you avoid rebuilding a balance on the paid-off cards.
How to Get the Best Personal Loan Rate in New Jersey
Prequalify With a Soft Credit Check
Most lenders serving New Jersey will show you an estimated APR using a soft inquiry that does not touch your credit score. Prequalify with several before formally applying. The advertised rate is the best-qualified rate, and the number you personally receive can differ by many percentage points.
Compare APR, Not the Interest Rate
Origination fees run as high as 10% of the amount borrowed and come straight out of your proceeds, so a loan with a lower interest rate can cost more than one with a higher rate and no fee. APR folds the fee in, which makes it the only number worth comparing across lenders.
Check Local Credit Unions First
Credit unions consistently publish the lowest personal loan APRs in our New Jersey data, and many charge no origination fee. Membership is usually easier than expected; many accept anyone who lives, works, or worships in the area. Federal credit unions are also capped by regulation on what they may charge.
Borrow Only What You Need, for as Short a Term as You Can
Lenders often price longer terms at higher APRs, so a 60-month loan can cost more per dollar borrowed than a 36-month loan on top of accruing interest for longer. Take the shortest term whose payment comfortably fits your budget, and resist rounding the amount up.
- Buying a vehicle? A secured New Jersey auto loan will almost always beat an unsecured personal loan
- Home improvements and you have equity? Compare home equity rates, though your home becomes collateral
- Not urgent? Building the money in a New Jersey high-yield savings account costs nothing and earns interest instead of paying it
New Jersey Financial Snapshot
Local demographics and economic context for borrowers. Source: U.S. Census Bureau
A $389 monthly loan payment is roughly 8.5% of the median individual income in New Jersey. Lenders generally want your total monthly debt payments, including housing, to stay under roughly 36% of gross income, so consider the new payment alongside everything you already owe.
Personal Loan vs. Other Ways to Borrow
A personal loan is fast and requires no collateral, but it is not always the cheapest way to borrow. Here is how it compares to the main alternatives available to borrowers in New Jersey.
| Feature | Personal Loan | Credit Card | 0% Balance Transfer | Home Equity Loan / HELOC |
|---|---|---|---|---|
| Typical APR Level | ● Mid, fixed | ✗ Highest, variable | ✓ 0% for a promo window | ✓ Usually lowest |
| Collateral Required | ✓ None | ✓ None | ✓ None | ✗ Your home is at risk |
| Payment Predictability | ✓ Fixed payment and payoff date | ✗ Revolving, can last indefinitely | ● Rate jumps when promo ends | ● Fixed for loans, variable for HELOCs |
| Speed to Funding | ✓ Often 1–3 business days | ✓ Immediate if you hold the card | ● Card approval plus transfer time | ✗ Weeks (appraisal and closing) |
| Upfront Costs | ● Origination fee up to ~10% | ✓ None | ● Transfer fee, typically 3–5% | ● Closing costs possible |
| Best For | Consolidation and one-off costs, no collateral | Small balances paid in full monthly | Debt you can clear inside the promo window | Large projects when you have equity and time |
General comparison for educational purposes; terms, eligibility, and pricing vary by lender and borrower credit profile. Borrowing against your home converts unsecured debt into secured debt; missed payments can put the property at risk. MonitorBankRates is not a lender or financial advisor.
Personal Loan Payment Calculator
Estimate your monthly payment, total interest, and what an origination fee actually costs you. We’ve prefilled the APR with the current NJ average, or click any rate on the right to apply it instantly.
Estimates assume a fixed-rate, fully amortizing loan with equal monthly payments and no prepayment. “Cash you actually receive” subtracts any origination fee deducted from proceeds; you still repay, and pay interest on, the full loan amount. Advertised APRs typically require strong credit; your approved rate may differ. This tool is for illustration and is not a loan offer.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our New Jersey personal loan rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Personal Loan Rate Data: We aggregate personal loan rates for New Jersey directly from the official websites of banks, credit unions, and online lenders using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions’ own digital properties and verifying APRs regularly, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available personal loan products in New Jersey. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national lenders available to borrowers in NJ.
Regularly Updated APRs: Our rate updaters verify and update personal loan rates regularly. Because APRs can change based on market conditions and lender policies, every product features its own “last updated” date for full transparency. Personal loan APRs shown typically represent “as low as” rates for borrowers with excellent credit; your actual rate will depend on your credit history, credit score, income, and loan amount.
Frequently Asked Questions
What credit score do I need for a personal loan in New Jersey?
What is the difference between secured and unsecured personal loans?
Can I use a personal loan for debt consolidation in New Jersey?
Are credit unions or banks better for personal loans in New Jersey?
What is an origination fee on a personal loan?
Does checking personal loan rates hurt my credit score?
Can I pay off a personal loan early?
What are the best personal loan rates in New Jersey?
- Union County Employees Federal Credit Union: 6.00% (Pledged Shares Loan)
- Local 1233 Federal Credit Union: 6.00% (Signature Loan D)
- Division 819 Transit Employees Credit Union: 6.50% (Unsecured Loans)
- Self Reliance NY Federal Credit Union: 6.99% (Personal Loan)
- 1st Bergen Federal Credit Union: 6.99% (Unsecured loans)
