Barnegat Light at a glance
- Population: 652 — 308th in New Jersey, which has 323 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 643 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up roughly 1.4% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among New Jersey places: the 308th-largest of 323 (US Census Bureau, 2023 estimate).
- Size percentile: about 5% of New Jersey's Census places are smaller (US Census Bureau).
- Coordinates: latitude 39.7513, longitude -74.1068 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Surf City, NJ (7 mi); Ship Bottom, NJ (8 mi); Seaside Park, NJ (12 mi); Ocean Gate, NJ (12 mi); Pine Beach, NJ (13 mi) (US Census Bureau).
- Nearest smaller towns: Harvey Cedars, NJ (4 mi); Mantoloking, NJ (21 mi); Loch Arbour, NJ (34 mi) (US Census Bureau).
What a personal loan costs in Barnegat Light
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
New Jersey lending rules that apply in Barnegat Light
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Unlicensed payday lending violates New Jersey's civil and criminal usury rates; payday lenders must be licensed Source says: "out-of-state or foreign entities that have not obtained the required New Jersey license and whose payment terms violate New Jersey's civil and criminal usury rates" | New Jersey Department of Banking and Insurance as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer 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 |
| State lending regulator | New 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 |
| Criminal usury limits | 30% 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 |
| Maximum legal interest rate (usury cap) | Civil usury: rates above 6% (agreement not in writing) or above 16% (written contract specifying the rate) Source says: "the civil usury rate is any interest rate greater than 6 percent for an agreement that is not in writing" | New Jersey Department of Banking and Insurance as of 2026-09-16 |
How to compare offers in Barnegat Light
Run through this list before signing anything in Barnegat Light:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in New Jersey using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.