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Personal loans in Ship Bottom, NJ

A personal loan in Ship Bottom is a fixed-payment installment loan, and the rate you are offered turns on your credit, your income and your existing debts. With roughly 1,114 people, Ship Bottom ranks 290th of 323 Census places in New Jersey. The sourced table below lists the New Jersey rate caps and licensing rules a lender must follow on a loan made here.

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

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Ship Bottom at a glance

  • Population: a Census-estimated 1,114, placing it 290th among New Jersey's 323 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 count put the population at 1,093 (US Census Bureau).
  • 2020 to 2023 change: an increase of about 1.9% since the 2020 count (US Census Bureau).
  • Rank among New Jersey places: 290th-largest of 323 (US Census Bureau, Vintage 2023 estimate).
  • Size percentile: it exceeds roughly 10% of New Jersey's Census places by population (US Census Bureau).
  • Coordinates: it sits at 39.6454, -74.1830 in the US Census Bureau Gazetteer.
  • Nearest larger cities (within 120 miles): Surf City, NJ (1 mi); Tuckerton, NJ (9 mi); Brigantine, NJ (19 mi); Beachwood, NJ (20 mi); Ocean Gate, NJ (20 mi) (US Census Bureau populations).
  • Smaller places nearby: Harvey Cedars, NJ (4 mi); Beach Haven, NJ (6 mi); Barnegat Light, NJ (8 mi), per US Census Bureau estimates.

What a personal loan costs in Ship Bottom

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.

Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.

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.

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 Ship Bottom

The sourced rows below are the rules a licensed lender must follow when lending in New Jersey, and therefore in Ship Bottom.

RuleDetailSource
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
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
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
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 statusUnlicensed 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 Ship Bottom

Run through this list before signing anything in Ship Bottom:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in New Jersey using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Ship Bottom?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Ship Bottom are the same as elsewhere in New Jersey.
How much can I borrow with a personal loan in Ship Bottom?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Ship Bottom require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Ship Bottom hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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