Swedesboro at a glance
- Population: 2,741 (US Census Bureau, Vintage 2023 subcounty estimate), the 243rd-largest of 323 places in New Jersey.
- 2020 Census base: 2,710 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 1.1% higher than at the 2020 Census (US Census Bureau).
- Rank among New Jersey places: 243rd-largest of 323 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 25% of New Jersey places in population terms (US Census Bureau).
- Coordinates: 39.7459 latitude, -75.3109 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Woodstown, NJ (7 mi); Paulsboro, NJ (8 mi); Chester, PA (8 mi); Upland, PA (8 mi); Penns Grove, NJ (8 mi); US Census Bureau population estimates.
- Nearest smaller communities: Marcus Hook, PA (7 mi); Trainer, PA (7 mi); Eddystone, PA (8 mi), each a US Census place.
What a personal loan costs in Swedesboro
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
New Jersey lending rules that apply in Swedesboro
The table carries the New Jersey rate and licensing rules that apply to consumer loans made in Swedesboro.
| 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 Swedesboro
The steps below are worth completing first when you borrow in Swedesboro:
- 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.