Lincoln Park at a glance
- Population: 10,951 (US Census Bureau, Vintage 2023 subcounty estimate), the 99th-largest of 323 places in New Jersey.
- 2020 Census base: 10,913 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 0.3% more residents than the 2020 Census base (US Census Bureau).
- Rank among New Jersey places: the 99th-largest of 323 (US Census Bureau, 2023 estimate).
- Size percentile: about 69% of New Jersey's Census places are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 40.9238, -74.3042.
- Nearest larger cities (120-mile radius): Woodland Park, NJ (6 mi); Paterson, NJ (7 mi); Franklin Lakes, NJ (8 mi); Hawthorne, NJ (8 mi); Oakland, NJ (8 mi) (US Census Bureau).
- Nearest smaller towns: Totowa, NJ (5 mi); North Caldwell, NJ (5 mi); Riverdale, NJ (5 mi) — US Census Bureau populations.
What a personal loan costs in Lincoln Park
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
New Jersey lending rules that apply in Lincoln Park
The table lists the New Jersey rules that apply to a loan made in Lincoln Park, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Lincoln Park
Here is a short checklist for comparing personal loans in Lincoln Park:
- 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.