Privacy & Security HOW IT WORKS RATES & FEES COMPANIES ARTICLES Home » In Your State New Jersey Cash Advance New Jersey is in the middle of an extremely difficult position right now. A fight is sweeping the country with people wondering whether cash advances are legal or should be banned, and the state is directly in the middle of the argument. In technical terms, cash advances are not allowed in the state yet these laws are not strong enough to spot the practice all together. There are a number of loopholes in the laws that lenders are using to keep their businesses running and operating. We utilize a large system of New Jersey cash advance lenders in the state of New Jersey, which means that we can help you find the money you need to make it to your next paycheck. Cash Advance Lending Laws in New Jersey New Jersey is one of the only states in the US that do not let cash advance lending occur under the laws of the state. Legislation can prevent cash advance lending in a few different ways. This includes usury laws, prohibiting cash checking, and placing limits on the interest rates allowed on small loans. New Jersey cash advance lending is often considered illegal in the state of New Jersey based on the laws prohibiting cash checking. Businesses in New Jersey continue to offer loans to customers because their interest rates are considered fees, which make the loans legal. If those rates were actually called interest rates, it would be illegal. This allows the company to avoid paying usury charges. Offering loans online is another way to escape the laws in the state. Online cash advances are only outlawed in a few states: Georgia, Maryland, and Massachusetts. There are no cash advance centers in New Jersey because it is illegal to offer cash advances in the state. Do you need money fast, but you have nowhere to turn? Did you run into an unexpected problem and need a quick solution? An effective way to deal with the financial problems you are experiencing can be found by securing a New Jersey cash advance. We can help anyone get the money and New Jersey cash advance they need to handle an unexpected problem, even for those people who live outside of New Jersey. Whatever the problem is: planning a party, paying credit card bills, handling new bills, making your car payment; a cash advance can help. When you visit AdvanceCash.info you can have instant access to the cash advance that you need now. To get the money you need now in New Jersey, you will find that it is fairly easy to find a cash advance. Our company allows you easy access to short-term loans where you can borrow the money you need and pay us when you get your next paycheck. Try doing that at your local bank! We want to give you access to great services with a fast response time. Our services are easy to use and we stand behind them. See how easy it is to request a loan and get money by visiting our website at AdvanceCash.info. By taking just a few minutes to fill out our online application you will be on your way to getting approved and getting that money you need. You will love our services, but you will also love that we keep your personal information private. Our website is completely secure and all of your information is kept confidential. We promise to keep your information protected and since we value our customers, we make sure you do not need to worry. We want to help you find a solution to your financial problems, which is why we make the application so fast. Get started today by visiting AdvanceCash.info. In the state of New Jersey, cash advance companies are allowed to set their own interest rates and fees since the state does not have any laws to regulate such issues. The state also does not limit the number of times a customer refinances or rolls over their cash advance loan. There is a law in place to limit how much a customer can borrow at any one time. In New Jersey, lenders are only allowed to lend $2500 at one time. The law also requires that the lender turn away customers who default three times on a loan in a 12 month period, though they can reapply for a loan after six months. New Jersey does set up some standards for obtaining licensing which is odd considering their stance on the companies at large. Before a lender can set up their business, they must meet specific guidelines and apply for a license. The owner of the business is required to have a net worth of $50,000 and pay their licensing fee every two years of $2000. The company must keep a photograph of each check it issues and keep accurate records of all loans for at least five years. The name of the company must also be printed on the checks they give to customers. Lenders are also required to keep accurate records of their transactions. These records are required to include the borrower's name and social security number, date and time of loan, the date, and amount of the check, and the fees charged. In addition it must include the lender's name and the names of anyone who witnessed the signing of the check. The customer must sign a photograph of the check and this image must be added to the record. Unemployment Statistics for New Jersey New Jersey's state unemployment rate was 5% in January of 2006. This shows that 224,429 citizens of the state did not have jobs at that time. The previous year unemployment rates were at 4.8%. The unemployment rate in the state has fluctuated between 3.3% and 7.2% for the last ten years. New Jersey Cash Advance - Cities Atlantic City Edison Montclair Teaneck Bayonne Elizabeth Newark Toms River Belleville Hackensack North Bergen Trenton Bloomfield Hoboken North Brunswick Union Brick Irvington Orange Union City Camden Jersey City Passaic Vineland Cherry Hill Kearny Paterson Wayne Clifton Lakewood Pennsauken West New York East Brunswick Linden Perth Amboy West Orange East Orange Long Branch Plainfield Willingboro How It Works What is a cash advance? What are the requirements? How do I get cash? How long until I pay back? How much can I get? Will you check my credit? Do I have to fax anything? 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