Hoboken at a glance
- Population: 57,010 — 13th in New Jersey, which has 323 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 60,056 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: roughly 5.1% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among New Jersey places: 13th-largest of 323 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 96% of places in New Jersey rank below it by population (US Census Bureau).
- Coordinates: 40.7453, -74.0279 (Census Gazetteer, US Census Bureau).
- Nearest larger cities within 120 miles: Union City, NJ (2 mi); Jersey City, NJ (3 mi); Bayonne, NJ (7 mi); New York, NY (7 mi); Newark, NJ (8 mi) (US Census Bureau).
- Smaller towns nearby: West New York, NJ (3 mi); Secaucus, NJ (3 mi); Guttenberg, NJ (4 mi) (US Census Bureau).
What a personal loan costs in Hoboken
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment 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.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
New Jersey lending rules that apply in Hoboken
Each row below is a New Jersey rule with its publisher and the date it was retrieved.
| 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 Hoboken
Here is a short checklist for comparing personal loans in Hoboken:
- 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.