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Personal loans in Medford Lakes, NJ

A lender that serves Medford Lakes operates under New Jersey lending statutes and a New Jersey supervisor. Medford Lakes, New Jersey — home to about 4,291 people — is a small community, so the terms you are offered follow New Jersey law rather than any local rule. With 4,291 residents, Medford Lakes outranks about 34% of the communities in New Jersey. Census figures put the 2020-to-2023 increase in Medford Lakes at about 0.6%. Verify the lender's New Jersey licence against the regulator named below before borrowing in Medford Lakes. Borrowers who want a bigger city can look to Berlin, NJ about 8 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

What the Census records for Medford Lakes

Two layers matter for a Medford Lakes borrower: the local population picture and New Jersey's consumer-lending statutes.

New Jersey consumer-lending rules applied in Medford Lakes

Every row below records a New Jersey rule, its publisher and its retrieval date — the same rules a Medford Lakes lender must follow.

RuleDetailSource
State lending regulatorNew Jersey Department of Banking and Insurance (DOBI); Office of Consumer Finance supervises consumer lenders
Source says: "The Office of Consumer Finance regulates 16 types of businesses that provide a variety of consumer financial services."		New Jersey Department of Banking and Insurance
as of 2026-09-16
Small-loan / installment lender licensingConsumer lender license required for loans of $50,000 or less for personal, family, or household purposes (N.J.S.A. 17:11C-1 et seq.)
Source says: "A consumer lender license is required for the making of a loan that is to be used primarily for personal, family or household purposes"		New Jersey Department of Banking and Insurance
as of 2026-09-16
Criminal usury limits30% for non-corporate borrowers; 50% for corporations
Source says: "the criminal usury limitation is 50 percent for corporations and 30 percent for non-corporate borrowers"		New Jersey Department of Banking and Insurance
as of 2026-09-16

Getting a loan in Medford Lakes

With about 3,764 residents per square mile, Medford Lakes is fairly dense, and 109 larger Census places sit within 50 miles. A New Jersey licence lets a lender serve Medford Lakes without a local office, so branch density does not change what its 4,291 residents are offered. For a larger market, the closest option is Berlin, NJ about 8 miles away.

Land, water and location for Medford Lakes

Inside Medford Lakes's boundaries lie roughly 1.1 square miles of land and 0.13 square miles of water. That land carries about 3,764 people per square mile. The state's population centre of gravity, Newark, is roughly 69 miles away. Within 50 miles of Medford Lakes there are 109 larger Census places. Within the same 50 miles lie 108 smaller Census places.

What to do before borrowing in Medford Lakes

For Medford Lakes's roughly 4,291 residents, these are the steps that most influence the offer:

  1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
  2. Use the loan calculator to test the payment on your intended amount and term.
  3. Line up several pre-qualified offers and let the APR decide.
  4. Verify the lender's New Jersey licence with the regulator listed on this page.
  5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  6. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  7. Decide the purpose and how you will repay it before approaching any lender.

What differs between Medford Lakes and the rest of New Jersey is not the process but the borrower's own file, among the 4,291 people here.

How personal loans work in Medford Lakes

A Medford Lakes personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 4,291 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Medford Lakes. A longer term lowers the monthly payment on a Medford Lakes loan but raises total interest, so the smallest payment is not the cheapest loan.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Medford Lakes if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Medford Lakes is the same as anywhere in New Jersey.
What loan size can I expect in Medford Lakes?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Medford Lakes?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Medford Lakes cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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