Point Pleasant at a glance
- Population: roughly 19,429 people; 52nd of 323 places in New Jersey (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 18,951 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population rose about 2.5% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among New Jersey places: 52nd-largest of 323 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 84% of places in New Jersey are smaller (US Census Bureau).
- Coordinates: latitude 40.0777, longitude -74.0699 (US Census Bureau Gazetteer).
- Nearest larger cities: Long Branch, NJ (16 mi); Sayreville, NJ (30 mi); Perth Amboy, NJ (32 mi); New Brunswick, NJ (34 mi); Carteret, NJ (36 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Bay Head, NJ (1 mi); Point Pleasant Beach, NJ (2 mi); Mantoloking, NJ (2 mi) (US Census Bureau).
What a personal loan costs in Point Pleasant
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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 longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
New Jersey lending rules that apply in Point Pleasant
The table carries the New Jersey rate and licensing rules that apply to consumer loans made in Point Pleasant.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Point Pleasant
Here is a short checklist for comparing personal loans in Point Pleasant:
- 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.