Personal loans in Garfield, NJ
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Garfield, NJ.
The median household in Garfield earns $79,700 a year, 23% below the New Jersey median of $103,556. About 13% of residents live below the federal poverty line, and 55.3% of households rent their home.
New Jersey law that applies in Garfield
| Rate cap | A licensed consumer lender may charge the APR it agrees on with the borrower, but the criminal usury limit of 30% a year for individuals still applies. |
|---|---|
| License required | A consumer lender license is required to make personal, family or household loans of $50,000 or less, repayable in installments, at rates above what an unlicensed lender could charge. |
| Loan sizes covered | Loans of $50,000 or less. |
Full rules with statute citations: Personal Loans in New Jersey. Cities in New Jersey cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Garfield
Here's what to have on hand before you start your personal loan request in Garfield:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Garfield
What Garfield borrowers use it for
gifts and travel without maxing a card
Need money nowthe fastest options online
Car repairskeep getting to work while the shop fixes it
Medical billspay a doctor, dentist or pharmacy bill now
Loans for your situation
How to get a personal loan in Garfield
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Garfield
6 FDIC-insured bank branches from 5 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Spencer Savings Bank, SLA | 2 | 104 Passaic St, Garfield 07026 |
| JPMorgan Chase Bank, National Association | 1 | 136 Passaic St, Garfield 07026 |
| PNC Bank, National Association | 1 | 12 Outwater Ln, Garfield 07026 |
| Kearny Bank | 1 | 369 Lanza Ave, Garfield 07026 |
| Citizens Bank, National Association | 1 | 1 Outwater Ln, Garfield 07026 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Garfield
1 credit-union locations from 1 credit unions.
| Credit union | Location |
|---|---|
| Polish & Slavic | 75 River Dr, Garfield 07026 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Bergen County ·
Frequently asked questions
Can I get a personal loan with bad credit in Garfield?
Possibly. Lenders in our network consider applicants with fair and bad credit across New Jersey, including Garfield. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Garfield, NJ?
Licensed lenders set agreed rates; criminal usury caps loans to individuals at 30%.
How fast can I get a personal loan in Garfield?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
Can I get a personal loan in Garfield with bad credit?
Yes, it's possible. Many lenders in our network work with borrowers who have fair, poor or limited credit, and they look at factors like income and employment, not just your score. Approval and rates depend on your full profile, and nothing is guaranteed, but checking your options is free. Garfield residents can see if they qualify for $100 to $5,000 in about 3 minutes.
What credit score do I need for a personal loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Garfield with our free 3-minute form.
How can I get an emergency loan in Garfield?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
How do installment loans work in Garfield?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Garfield residents can see installment loan offers with our free 3-minute form.
Where can I find a loan for bad credit in Garfield?
You can apply at local banks and lenders in Garfield, or go online to reach more lenders at once. Banks often have stricter credit requirements, while many online lenders consider all credit types. Our free form sends one request to multiple lenders in our network, so you don't have to apply one by one. Many applicants get a decision within minutes.
Do I need to visit a store in Garfield?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.