Online Personal Loans in New Jersey
As mentioned above there are many opportunities for people in need of money to find financing in New Jersey. Personal loans from 36MonthLoans are well balanced and offer a high amount up to $5,000 and a low interest rate starting from 25%. Of course, only the best borrower will have access to the highest amount and lowest rates but even for average borrowers they will prove to be a very good choice. Our personal loans are also completely online and can be repaid in installments over periods of up to 36 months. As with all loans and lenders, the interest rate will be adjusted according to the borrowers profile and credit score.
New Jersey - Rates & Terms
$1,000 - $5,000
Interest Rate / APR:
12 months - 36 months
If you meet the requirements and qualify for one of our personal loans we will provide you with a financial solution tailored to your needs, based on your financial eligibility. Once approved for a loan you will be provided the full details of the offer including: interest rate, repayment term, payment amount and the total cost of the loan.
Credit Scores in New Jersey
Although New Jersey is a developed and economically sound state with a very high median household income, it's average credit score is below average. According to the survey performed by Experian in 2011 the average credit score of New Jersey was 676 at the time while the US average was 687. New Jersey ranked 41st according to this survey.
Experian is one of the most important and widely used credit reporting agencies in the United States. In 2011 this agency performed a survey over 3 million credit profiles between 330 and 830, across the United States of America. This survey also showed that the northern states had above average scores while the southern ones were below average.
More about Installment Loans in New Jersey
New Jersey, "The Garden State" is located in the Northeastern – Middle Atlantic region of the United States of America and is one of the smallest states in the country. Based on occupied area, New Jersey is the fourth smallest, however it is the 11th most populous and the most densely populated state in the USA. New Jersey is also the second wealthiest state according to average household income.
New Jersey is a well developed and industrialized state with well trained and educated residents. The top industries that make up the largest part of New Jersey's income are: the pharmaceutical industry, financial industry, chemical development, telecommunications industry, electric equipment, food processing and tourism. Although New Jersey is home to many energy consuming industries it only takes up 2.7% of the U.S. total energy consumption. Carbon emissions are also very low, 0.8% and this is because of the nuclear energy produced in New Jersey which makes up around 50% of the total energy created in this state.
Personal financing is also an important part to New Jersey's economy. Residents that need some help with money have a few choices but if getting a good amount of money at a low rate and completely online, then personal loans are a good choice. Through our website applicants can get personal loans in New Jersey at rates as low as 11.24% APR.
State of New Jersey Economic Indicators:
- Income per capita: $50,781 (2010); 
- Average weekly wage: $1,068 (third quarter 2013) 
- Average household income: $67,458 (2011);
- State expenditures ($ in Millions):52,085 (2013); 
- Unemployment rate: 7.2% (March 2014)