MoneyGeek's Picks for Best Personal Loan Lenders in Jersey City, NJ

There are many types of personal loans for different borrower needs. Knowing that borrowers tend to get overwhelmed with their options, MoneyGeek ranked personal loan lenders in Jersey City to make finding a suitable lender easier. More than 30 data points are reviewed in order to determine the best match for your financial emergency.

We also evaluated the best lenders for different borrower profiles to help you find the ideal option for your unique needs. We looked at lenders for people with good credit, bad credit, debt consolidation needs and more.

Best Overall Personal Loan Lender in Jersey City: Truist

  • Truist

    • 8.14% to 18.99%APR Range
    • NoneMinimum Credit Score
    • $3,500 to $50,000Loan Amount Range
    • 6 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds


Best Personal Loan Lender for Bad Credit in Jersey City: Upstart

  • Upstart

    • 3.22% to 35.99%APR Range
    • 300Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds


Best Personal Loan Lender for Good Credit in Jersey City: SoFi

  • SoFi

    • 5.74% to 20.28%APR Range
    • 680Minimum Credit Score
    • $5,000 to $100,000Loan Amount Range
    • 12 to 60 monthsRepayment Terms
    • Two DaysTime to Receive Funds


Best Personal Loan Lender for Debt Consolidation in Jersey City: Upgrade

  • Upgrade

    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds


Best Personal Loan Lender for Home Improvement in Jersey City: Best Egg

  • Best Egg

    • 4.99% to 35.99%APR Range
    • 700Minimum Credit Score
    • $2,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds

    Best Egg

Where to Start: How to Choose the Best Personal Loan Lender in Jersey City for You

A borrower’s creditworthiness determines whether they might be approved for a personal loan and how much they can borrow. For example, borrowers in Jersey City with a credit score higher than the average of 729 may have more options and typically get lower interest rates than someone with a lower score.

Here are steps borrowers must follow when deciding to get a personal loan in Jersey City.


Ask Yourself the Important Questions

Asking the right questions, such as how much funding you need, whether your current credit score qualifies your lender’s requirements, how much monthly payments you can afford and how much debt you already have, can help you further decide whether it is a smart financial decision to take out a personal loan right now. Knowing the answer to these questions can help you narrow down which lender might be the best fit for your needs.


Do Your Research

MoneyGeek’s comprehensive guide and rankings help you find the best personal loan lenders in Jersey City. However, our generalizations may not be able to address your unique situation. Doing your own research allows you to find the most suitable option for you. Compare rates from various lenders to get a full picture of your options. Do keep in mind that this is a big financial commitment that will last for two to four years on average, so doing your due diligence is critical.



Even if you have decided on a lender, it is best to wait a few more days before making a final decision. It’s important to revisit the benefits and risks of a personal loan before taking one out. This can increase your confidence in your decision. Alternately, it might help you come up with another solution that might better meet your funding needs.


Read the Fine Print

Too many borrowers fail to read the fine print, which ends up causing problems in the long run. Aside from the monthly costs, you may want to include other fees in your budget, such as origination fees, late payment fees and prepayment penalties. These are things often missed when researching personal loans. Making sure you know all the potential fees associated with your loan can save you money in the long run.



Once you are confident in your decision, it's time to prepare your identification, address verification, proof of income and other documentation that your lender will require during the application process. Some lenders allow you to apply online, but you can also call or visit the lender if you find this to be a more secure option. Applying in person may help you in your application process if you have any questions.

What to Do if You Can’t Get a Personal Loan in Jersey City

Whether or not you will be approved for a loan depends on your creditworthiness and various other factors. If your application is rejected, MoneyGeek recommends doing a few things.

Contacting your lender and asking the exact reason why you were denied can help you either modify details in your application, such as decreasing your loan amount or decreasing your loan term, to be approved. If absolutely necessary, you can improve on whatever factor caused your application to be denied and reapply after a couple of months, either with the same lender or a different one.

Be careful, as there are personal loan types that you should avoid. One of these is payday loans, which come with unrealistic repayment terms. You may opt for balance transfer credit cards instead of a personal loan to consolidate debt or home equity loans and HELOCs when renovating a home.

Frequently Asked Questions About Personal Loans in Jersey City

The best personal loan lenders in Jersey City depend on a borrower’s unique financial situation. We’re here to answer some of your questions about personal loans in Jersey City.

Our Personal Loan Methodology


We evaluated over 30 personal loan lenders based on 35+ individual data points in six key categories, including loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

We considered several individual data points within each ranking criteria category that we believe carry the most weight when selecting a personal loan lender. APR ranges, available loan amount, minimum credit score, minimum income amount, application fees and disbursement time are among these factors.

We value you as the consumer, so we consider each lender's customer service, business ratings and additional features that could make your experience easier and more accessible, such as prequalification, payment options and mobile apps.

Our decisions are made with your best interests in mind. Our personal loan recommendations and expert advice are designed to help you make the best decision when choosing a lender that meets your needs.


The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.