Bogota at a glance
- Population: a Census-estimated 9,606, placing it 118th among New Jersey's 323 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 8,774 (US Census Bureau).
- 2020 to 2023 change: roughly 9.5% higher than at the 2020 Census (US Census Bureau).
- Rank among New Jersey places: the 118th-largest of 323 (US Census Bureau, 2023 estimate).
- Size percentile: larger than about 63% of the Census places in New Jersey (US Census Bureau).
- Coordinates: it sits at 40.8743, -74.0297 in the US Census Bureau Gazetteer.
- Nearest larger cities: Hackensack, NJ (1 mi); Ridgefield Park, NJ (1 mi); Little Ferry, NJ (2 mi); Hasbrouck Heights, NJ (3 mi); Palisades Park, NJ (3 mi); US Census Bureau population estimates.
- Nearest smaller towns: Teterboro, NJ (2 mi); Leonia, NJ (2 mi); Moonachie, NJ (3 mi) (US Census Bureau).
What a personal loan costs in Bogota
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
New Jersey lending rules that apply in Bogota
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 |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Bogota
Run through this list before signing anything in Bogota:
- 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.