River Edge at a glance
- Population: 11,995 — 87th in New Jersey, which has 323 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 12,044 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 0.4% below the 2020 Census base (US Census Bureau).
- Rank among New Jersey places: 87th largest of 323 (US Census Bureau).
- Size percentile: it exceeds roughly 73% of New Jersey's Census places by population (US Census Bureau).
- Coordinates: 40.9268 / -74.0375, per the US Census Bureau Gazetteer.
- Nearest larger cities: New Milford, NJ (1 mi); Bergenfield, NJ (2 mi); Paramus, NJ (2 mi); Hackensack, NJ (3 mi); Dumont, NJ (3 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Oradell, NJ (2 mi); Maywood, NJ (2 mi); Haworth, NJ (3 mi), each a US Census place.
What a personal loan costs in River Edge
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
New Jersey lending rules that apply in River Edge
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 River Edge
Run through this list before signing anything in River Edge:
- 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.