Payday loans in New Jersey: what the law allows
No. New Jersey doesn't allow payday loans at typical payday costs. New Jersey doesn't allow car title loans at typical title loan costs.
New Jersey
Payday loans
Not allowed
Car title loans
Not allowed
“The payday lending business model is a form of consumer lending practiced almost exclusively by 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
Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.
Before you borrow
A payment plan, a paycheck advance or a credit union payday alternative loan usually costs less than a payday or title loan.
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Common questions
Are payday loans legal in New Jersey?
No. New Jersey doesn't allow payday loans at typical payday costs.
Are car title loans legal in New Jersey?
New Jersey doesn't allow car title loans at typical title loan costs.
How do I check a lender's license in New Jersey?
Look the lender up with New Jersey Department of Banking and Insurance, which licenses lenders in New Jersey.
Do these rules protect service members?
Yes. The Military Lending Act limits payday and car title loans for covered service members to 36%, in every state.
Information, not legal advice. Laws change; confirm with the state regulator.