Loans By State

Best Loans in Florida, Payday, Auto Title Laws 2020

EPF Last Update: June 7, 2020

View All Studies

The Florida Consumer Finance Act caps lines of credit at $25,000. However, the ceiling does not apply to banks, savings institutions, trust companies, credit unions, industrial loan companies, investment companies, building and loan associations or pawnbrokers.

Licensed lenders can charge:

  • 30% annual interest on the first $3,000.
  • 24% annual interest on the next $3,001 to $4,000.
  • 18% annual interest on the next $4,001 to $25,000.

Other allowable charges include:

  • Up to $25 for conducting a credit check.
  • Up to $25 annually for managing the account.
  • For loans repaid monthly, a delinquency charge (after at least 10 days in default) of up to $15.
  • For loans repaid semi-monthly, a delinquency charge (after at least 10 days in default) of up to $7.50.
  • For loans repaid bi-weekly, a delinquency charge (after at least 10 days in default) of up to $7.50 when two payments are due within the same calendar month, and up to $5 when three payments are due within the same calendar month.
  • A bad check charge of up to $20 or the amount levied by the depository institution.

As well, if a borrower is overcharged, the lender must reimburse the funds within 20 days of discovering the error.

Best Bad Credit Loans in Florida 2020

Amount

$500 – $10,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

3 – 36 Months

Licensed in Florida

Not a direct lender

Amount

$100 - $10,000

Min Credit Score

0

APR

Vary by State

Approval

< 1 Day

Terms

1 - 60 Months

Licensed in Florida

Yes

Amount

$1,000 – $5,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

9 – 36 Months

Licensed in Florida

Yes

Amount

$100 – $1,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

7 – 30 Days

Licensed in Florida

Yes

Amount

$1,000 – $10,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Licensed in Florida

Not a direct lender

Amount

$1,000 – $50,000

Min Credit Score

500

APR

3.99% – 35.99%

Approval

< 1 Day

Terms

1 – 5 Years

Licensed in Florida

Yes

Amount

$1,000 – $35,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Licensed in Florida

Yes

Amount

$1,000 – $100,000

Min Credit Score

500

APR

5.34% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

4.99 - 35.99%

Approval

< 1 Day

Terms

12 - 120 months

Licensed in Florida

Yes

Amount

$1,000 – $35,000

Min Credit Score

580

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Licensed in Florida

Not a direct lender

For additional support, consult our guide on bad credit loans.

Best Personal Loans for Good Credit in Florida 2020

Amount

$1,000 - $100,000

Min Credit Score

0

APR

4.99 - 35.99%

Approval

1 Day

Terms

12 - 120 months

Licensed in Florida

Yes

Amount

$2,000 - $40,000

Min Credit Score

640

APR

7.95% - 35.99%

Approval

1 - 3 Days

Terms

36 - 60 months

Licensed in Florida

Yes

Amount

$1,000 – $100,000

Min Credit Score

0

APR

4.99 - 35.99%

Approval

1 Day

Terms

12 - 120 months

Licensed in Florida

Yes

Amount

$1,000 – $35,000

Min Credit Score

580

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Licensed in Florida

Yes

Amount

$1,000 – $50,000

Min Credit Score

500

APR

3.99% – 35.99%

Approval

< 1 Day

Terms

1 – 5 Years

Licensed in Florida

Yes

Amount

$1,000 – $35,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Licensed in Florida

Yes

Amount

$1,000 – $50,000

Min Credit Score

600

APR

7.99% - 35.97%

Approval

< 1 Day

Terms

3 - 5 Years

Licensed in Florida

Yes

Amount

$5,000 – $35,000

Min Credit Score

640

APR

5.99% – 24.99%

Approval

1 – 7 Days

Terms

2 - 5 Years

Licensed in Florida

Yes

Amount

$2,500-$35,000

Min Credit Score

660

APR

6.99-24.99%

Approval

1 Day

Terms

24 - 84 Months

Licensed in Florida

Yes

Amount

$7,500 - $40,000

Min Credit Score

680

APR

6 - 15%

Approval

1 - 7 Days

Terms

36 - 84 months

Licensed in Florida

Yes

To help with your search, see our full list of recommended lenders.

Shop Around

Our Loan Calculator Will Help You!

Loan Payment Calculator

$

Or

Monthly Payments

$0

Total Principal Paid$0

Total Interest Paid$0

Want this calculator on Your Site? Get it free from us copy the code below

<iframe id="best-loans-fl" name="best-loans-fl" src="https://www.elitepersonalfinance.com/calculators/loan-payment-calculator-source/" allowtransparency="true" onload="this.style.height=(this.contentDocument.body.scrollHeight+45) +'px';" scrolling="no" style="width:100%;border:none;"></iframe>

Payday Loan Laws in Florida 2020

Maximum Loan Amount: $500

Minimum Loan Term: 7 days

Maximum Loan Term: 31 days

Maximum Fee: 10% + $5 verification fee

Maximum APR: 304%

Rollovers: Prohibited

Loan Limit: 1 per customer

Payday loans are legal in Florida.

You can borrow up to $500 and the maximum finance charge is 10% of the amount borrowed plus a $5 verification fee. Borrowers can only have one payday loan at a time and a 24-hour cooling off period is required before you can apply for another loan. The waiting period is used to help borrowers find alternative financing.

If you default on the loan, you have a 60-day grace period to gather the funds without incurring any additional charges. However, to be eligible, you need to contact a Consumer Credit Counseling Service within 7 days of the default and complete a counseling program within the 60-day grace period.

Payday Loan Laws in Florida by Country

ElitePersonalFinance analysis of payday loan laws by countries in the State of Florida.

We haven’t found a significant difference between the payday loan laws in Florida. If you are with bad credit, here are the laws in Florida by country.

CityAmount AllowedAPR AllowedStatus
Jacksonville$500304%Legal
Miami$500304%Legal
Tampa$500304%Legal
Orlando$500304%Legal
St. Petersburg$500304%Legal
Hialeah$500304%Legal
Tallahassee$500304%Legal
Port St. Lucie$500304%Legal
Fort Lauderdale$500304%Legal
Cape Coral$500304%Legal
Pembroke Pines$500304%Legal
Hollywood$500304%Legal
Miramar$500304%Legal
Coral Springs$500304%Legal
Gainesville$500304%Legal
Lehigh Acres$500304%Legal
Clearwater$500304%Legal
Brandon$500304%Legal
Miami Gardens$500304%Legal
Palm Bay$500304%Legal
Pompano Beach$500304%Legal
West Palm Beach$500304%Legal
Spring Hill$500304%Legal
Lakeland$500304%Legal
Davie$500304%Legal
Boca Raton$500304%Legal
Sunrise$500304%Legal
Plantation city$500304%Legal
Miami Beach$500304%Legal
Riverview$500304%Legal
Deltona$500304%Legal
Alafaya$500304%Legal
Town ‘n’ Country$500304%Legal
Palm Coast$500304%Legal
Largo$500304%Legal
Melbourne$500304%Legal
Deerfield Beach$500304%Legal
The Villages$500304%Legal
Fort Myers$500304%Legal
Boynton Beach$500304%Legal
Pine Hills$500304%Legal
Kendall$500304%Legal
Lauderhill$500304%Legal
Weston$500304%Legal
Kissimmee$500304%Legal
Homestead$500304%Legal
Delray Beach$500304%Legal
Poinciana$500304%Legal
Daytona Beach$500304%Legal
Tamarac$500304%Legal
North Port$500304%Legal
Wellington$500304%Legal
Jupiter$500304%Legal
Palm Harbor$500304%Legal
Port Orange$500304%Legal
North Miami$500304%Legal
Port Charlotte$500304%Legal
The Hammocks$500304%Legal
Coconut Creek$500304%Legal
Fountainebleau$500304%Legal
Sanford$500304%Legal
Ocala$500304%Legal
Kendale Lakes$500304%Legal
Doral$500304%Legal
Tamiami$500304%Legal
Margate$500304%Legal
Sarasota$500304%Legal
Bradenton$500304%Legal
Wesley Chapel$500304%Legal
Palm Beach Gardens$500304%Legal
Bonita Springs$500304%Legal
Pensacola$500304%Legal
Pinellas Park$500304%Legal
Coral Gables$500304%Legal
Apopka$500304%Legal
Country Club$500304%Legal
St. Cloud$500304%Legal
University CDP$500304%Legal
Titusville$500304%Legal
North Miami Beach$500304%Legal
Fort Pierce$500304%Legal
Ocoee$500304%Legal
Cutler Bay$500304%Legal
Oakland Park$500304%Legal
North Lauderdale$500304%Legal
Altamonte Springs$500304%Legal
Winter Garden$500304%Legal
Ormond Beach$500304%Legal
North Fort Myers$500304%Legal
Greenacres$500304%Legal
The Acreage$500304%Legal
Winter Haven$500304%Legal
Oviedo$500304%Legal
Kendall West$500304%Legal
Hallandale Beach$500304%Legal
Four Corners$500304%Legal
Royal Palm Beach$500304%Legal
Valrico$500304%Legal
Plant City$500304%Legal
Richmond West$500304%Legal
South Miami Heights$500304%Legal
Aventura$500304%Legal
Lake Worth$500304%Legal
Egypt Lake-Leto$500304%Legal
Land O’ Lakes$500304%Legal
Panama City$500304%Legal
Merritt Island$500304%Legal
Dunedin$500304%Legal
Meadow Woods$500304%Legal
University$500304%Legal
Winter Springs$500304%Legal
Navarre$500304%Legal
Cooper City$500304%Legal
Lauderdale Lakes$500304%Legal
Carrollwood$500304%Legal
Golden Glades$500304%Legal
Ferry Pass$500304%Legal
Riviera Beach$500304%Legal
Buenaventura Lakes$500304%Legal
Clermont$500304%Legal
West Little River$500304%Legal
Fruit Cove$500304%Legal
Horizon West$500304%Legal
East Lake$500304%Legal
Estero$500304%Legal
Dania Beach$500304%Legal
DeLand$500304%Legal
Miami Lakes$500304%Legal
Lakeside$500304%Legal
Princeton$500304%Legal
Parkland$500304%Legal
Westchester$500304%Legal
Winter Park$500304%Legal
Golden Gate$500304%Legal
Lake Magdalene$500304%Legal
East Lake-Orient Park$500304%Legal
Fleming Island$500304%Legal
Casselberry$500304%Legal
Oakleaf Plantation$500304%Legal
Rockledge$500304%Legal
Immokalee$500304%Legal
Bayonet Point$500304%Legal
Citrus Park$500304%Legal
University Park$500304%Legal
Leisure City$500304%Legal
Temple Terrace$500304%Legal
New Smyrna Beach$500304%Legal
South Bradenton$500304%Legal
Coral Terrace$500304%Legal
Palm City$500304%Legal
Key West$500304%Legal
Tarpon Springs$500304%Legal
Palm Springs$500304%Legal
Keystone$500304%Legal
Palmetto Bay$500304%Legal
Sebastian$500304%Legal
Vero Beach South$500304%Legal
Hialeah Gardens$500304%Legal
Bloomingdale$500304%Legal
Pace$500304%Legal
Oak Ridge$500304%Legal
Crestview$500304%Legal
Westchase$500304%Legal
Palm River-Clair Mel$500304%Legal
The Crossings$500304%Legal
Sun City Center$500304%Legal
Ruskin$500304%Legal
Haines City$500304%Legal
Wekiwa Springs$500304%Legal
Jacksonville Beach$500304%Legal
Wright$500304%Legal
Ensley$500304%Legal
Hunters Creek$500304%Legal
Ives Estates$500304%Legal
Venice$500304%Legal
Northdale$500304%Legal
Leesburg$500304%Legal
Sunny Isles Beach$500304%Legal
Brent$500304%Legal
Edgewater$500304%Legal
Fort Walton Beach$500304%Legal
Jasmine Estates$500304%Legal
Naples$500304%Legal
Palm Valley$500304%Legal
Holiday$500304%Legal
West Melbourne$500304%Legal
Lutz$500304%Legal
Florida Ridge$500304%Legal
Lealman$500304%Legal
Bellview$500304%Legal
West Pensacola$500304%Legal
Sweetwater$500304%Legal
Lynn Haven$500304%Legal
DeBary$500304%Legal
Bayshore Gardens$500304%Legal
Eustis$500304%Legal
Fish Hawk$500304%Legal
Apollo Beach$500304%Legal
Pinecrest$500304%Legal
Belle Glade$500304%Legal
Punta Gorda$500304%Legal
Bartow$500304%Legal
Lake Butler CDP$500304%Legal
Seminole$500304%Legal
Cocoa$500304%Legal
Gibsonton$500304%Legal
Glenvar Heights$500304%Legal
San Carlos Park$500304%Legal
Midway CDP$500304%Legal
Marco Island$500304%Legal
Safety Harbor$500304%Legal
Maitland$500304%Legal
Ojus$500304%Legal
Brownsville$500304%Legal
Country Walk$500304%Legal
Upper Grand Lagoon$500304%Legal
Pinewood$500304%Legal
Myrtle Grove$500304%Legal
Vero Beach$500304%Legal
World Golf Village$500304%Legal
Opa-locka$500304%Legal
Lake Mary$500304%Legal
Tavares$500304%Legal
Stuart$500304%Legal
Three Lakes$500304%Legal
Palmetto Estates$500304%Legal
New Port Richey$500304%Legal
Sarasota Springs$500304%Legal
Sunset$500304%Legal
Lake Wales$500304%Legal
Auburndale$500304%Legal
Englewood$500304%Legal
Callaway$500304%Legal
Lady Lake$500304%Legal
Bellair-Meadowbrook Terrace$500304%Legal
Southchase$500304%Legal
West Lealman$500304%Legal
Niceville$500304%Legal
West Park$500304%Legal
Zephyrhills$500304%Legal
Azalea Park$500304%Legal
Lockhart$500304%Legal
Longwood$500304%Legal
Olympia Heights$500304%Legal
Warrington$500304%Legal
Oldsmar$500304%Legal
South Venice$500304%Legal
Iona$500304%Legal
Miami Springs$500304%Legal
Forest City$500304%Legal
St. Augustine$500304%Legal
Thonotosassa$500304%Legal
Gonzalez$500304%Legal
Hobe Sound$500304%Legal
Fruitville$500304%Legal
Mount Dora$500304%Legal
Conway$500304%Legal
Palmetto$500304%Legal
Homosassa Springs and Jensen Beach$500304%Legal
Destin$500304%Legal
Middleburg$500304%Legal
Atlantic Beach$500304%Legal
Gladeview$500304%Legal
Nocatee$500304%Legal
Union Park$500304%Legal
Goldenrod$500304%Legal
Cypress Lake$500304%Legal
East Milton and Key Biscayne$500304%Legal
North Palm Beach$500304%Legal
South Daytona$500304%Legal
Panama City Beach$500304%Legal
Elfers$500304%Legal
Lakewood Park$500304%Legal
Yulee$500304%Legal
Wilton Manors$500304%Legal
Hudson$500304%Legal
Groveland$500304%Legal
Shady Hills$500304%Legal
Lakeland Highlands$500304%Legal
Gulfport$500304%Legal
South Miami$500304%Legal
Westwood Lakes$500304%Legal
Florida City$500304%Legal
Fernandina Beach$500304%Legal
Holly Hill$500304%Legal
Villas$500304%Legal
Jupiter Farms$500304%Legal
Lake City$500304%Legal
Port St. John$500304%Legal
Pine Castle$500304%Legal
Cocoa Beach$500304%Legal
Goulds$500304%Legal
Orange City$500304%Legal
Richmond Heights$500304%Legal
Lantana$500304%Legal
Doctor Phillips$500304%Legal
Port Salerno$500304%Legal
Fairview Shores$500304%Legal
Mango$500304%Legal
Viera East$500304%Legal
Viera West$500304%Legal
Lighthouse Point$500304%Legal
Westview$500304%Legal
Minneola$500304%Legal
Gulf Gate Estates$500304%Legal
Satellite Beach$500304%Legal
Naranja$500304%Legal
Miami Shores$500304%Legal
Trinity$500304%Legal
Highland City$500304%Legal
Sebring$500304%Legal
Cheval$500304%Legal
Gateway$500304%Legal
West Perrine$500304%Legal
Avon Park$500304%Legal
Cypress Gardens$500304%Legal
Fuller Heights$500304%Legal
Palatka$500304%Legal
Pine Ridge CDP$500304%Legal
Cape Canaveral$500304%Legal
Pasadena Hills$500304%Legal
New Port Richey East$500304%Legal
Progress Village$500304%Legal
Westgate$500304%Legal
Bee Ridge$500304%Legal
Key Largo$500304%Legal
Alachua$500304%Legal
Milton$500304%Legal
Medulla and Gifford$500304%Legal
St. Pete Beach$500304%Legal
Bardmoor$500304%Legal
Asbury Lake$500304%Legal
Laurel$500304%Legal
Springfield$500304%Legal
Bithlo$500304%Legal
St. Augustine Shores$500304%Legal
Beverly Hills$500304%Legal
Celebration$500304%Legal
North Sarasota$500304%Legal
Silver Springs Shores$500304%Legal
Micco$500304%Legal
Rotonda$500304%Legal
Sugarmill Woods$500304%Legal
Memphis$500304%Legal
Seffner$500304%Legal
Miramar Beach$500304%Legal
Marathon$500304%Legal
Hernando$500304%Legal
Orange Park$500304%Legal
Palm Beach$500304%Legal
West Vero Corridor$500304%Legal
Odessa$500304%Legal
Lake Park$500304%Legal
Citrus Springs$500304%Legal
Indian Harbour Beach$500304%Legal
Venice Gardens$500304%Legal
Fern Park$500304%Legal
Pebble Creek$500304%Legal
North Bay Village$500304%Legal
Broadview Park$500304%Legal
McGregor$500304%Legal
Brooksville$500304%Legal
Williamsburg$500304%Legal
Arcadia$500304%Legal
Southwest Ranches$500304%Legal
North Weeki Wachee$500304%Legal
Southeast Arcadia$500304%Legal
West Samoset$500304%Legal
Wedgefield$500304%Legal
Clewiston$500304%Legal
Inwood$500304%Legal
Green Cove Springs$500304%Legal
Wimauma$500304%Legal
Quincy$500304%Legal
Citrus Hills$500304%Legal
West Miami$500304%Legal
Southgate$500304%Legal
Ormond-by-the-Sea$500304%Legal
Marianna$500304%Legal
Longboat Key$500304%Legal
Sanibel$500304%Legal
Inverness$500304%Legal
Lake Lorraine$500304%Legal
Neptune Beach$500304%Legal
Fort Pierce North$500304%Legal
Osprey$500304%Legal
Fort Myers Shores$500304%Legal
Dade City and Fort Myers Beach$500304%Legal
Indiantown$500304%Legal
Willow Oak$500304%Legal
Perry$500304%Legal
Indian River Estates$500304%Legal
Live Oak$500304%Legal
St. Augustine Beach$500304%Legal
Treasure Island$500304%Legal
Beacon Square$500304%Legal
Belle Isle$500304%Legal
River Park$500304%Legal
South Patrick Shores$500304%Legal
Naples Manor$500304%Legal
Crystal Lake$500304%Legal
Pembroke Park$500304%Legal
Fruitland Park$500304%Legal
Lauderdale-by-the-Sea$500304%Legal
Orlovista$500304%Legal
Wildwood$500304%Legal
Kathleen$500304%Legal
Macclenny$500304%Legal
Islamorada, Village of Islands$500304%Legal
Jan Phyl Village$500304%Legal
Gulf Breeze$500304%Legal
Heathrow$500304%Legal
Lely Resort$500304%Legal
South Gate Ridge$500304%Legal
Combee Settlement$500304%Legal
Inverness Highlands South$500304%Legal
Lecanto$500304%Legal
DeFuniak Springs$500304%Legal
Naples Park$500304%Legal
Mims$500304%Legal
Pahokee$500304%Legal
Cocoa West$500304%Legal
Sky Lake$500304%Legal
South Apopka$500304%Legal
Fort Meade$500304%Legal
Tequesta$500304%Legal
Ocean City$500304%Legal
Bay Harbor Islands$500304%Legal
High Springs$500304%Legal
Pelican Bay$500304%Legal
Surfside$500304%Legal
Newberry$500304%Legal
St. Augustine South$500304%Legal
Siesta Key$500304%Legal
Okeechobee$500304%Legal
Fellsmere$500304%Legal
Mount Plymouth$500304%Legal
Lake Alfred$500304%Legal
Mascotte$500304%Legal
Palm Springs North$500304%Legal
Wahneta$500304%Legal
Starke$500304%Legal
Rio Pinar$500304%Legal
South Highpoint$500304%Legal
South Sarasota$500304%Legal
Floral City$500304%Legal
Timber Pines$500304%Legal
Zephyrhills West$500304%Legal
Samsula-Spruce Creek$500304%Legal
Pine Manor$500304%Legal
Hutchinson Island South$500304%Legal
River Ridge$500304%Legal
Zephyrhills South$500304%Legal
Warm Mineral Springs$500304%Legal
Tice$500304%Legal
South Bay$500304%Legal
LaBelle$500304%Legal
South Pasadena$500304%Legal
Bay Hill$500304%Legal
Valparaiso$500304%Legal
Whiskey Creek$500304%Legal
Plantation$500304%Legal
Kenneth City$500304%Legal
Port LaBelle$500304%Legal
Loughman$500304%Legal
Flagler Beach$500304%Legal
Butler Beach$500304%Legal
Sawgrass$500304%Legal
Big Pine Key$500304%Legal
Vamo$500304%Legal
Wauchula$500304%Legal
Belleview$500304%Legal
Nassau Village-Ratliff$500304%Legal
Lake Sarasota$500304%Legal
Ridge Manor$500304%Legal
Kensington Park$500304%Legal
Parker$500304%Legal
White City$500304%Legal
Brookridge$500304%Legal
Pea Ridge$500304%Legal
Crawfordville$500304%Legal
Connerton$500304%Legal
Cortez$500304%Legal
Lochmoor Waterway Estates$500304%Legal
Daytona Beach Shores$500304%Legal
Stock Island$500304%Legal
Fort Pierce South$500304%Legal
The Meadows$500304%Legal
Moon Lake$500304%Legal
West Bradenton$500304%Legal
Three Oaks and Suncoast Estates$500304%Legal
Dundee$500304%Legal
West DeLand$500304%Legal
Samoset$500304%Legal
Goulding$500304%Legal
Madeira Beach$500304%Legal
June Park$500304%Legal
Orangetree$500304%Legal
Mary Esther$500304%Legal
Lake Belvedere Estates$500304%Legal
Indian Rocks Beach$500304%Legal
Lower Grand Lagoon$500304%Legal
Holmes Beach$500304%Legal
Taylor Creek$500304%Legal
Indian River Shores$500304%Legal
Ridge Wood Heights and Davenport$500304%Legal
Laguna Beach$500304%Legal
Jasper$500304%Legal
Grant-Valkaria$500304%Legal
Belleair$500304%Legal
Charlotte Harbor$500304%Legal
Buckingham and Mulberry$500304%Legal
Fussels Corner$500304%Legal
South Brooksville$500304%Legal
Vineyards$500304%Legal
San Castle$500304%Legal
Highland Beach$500304%Legal
Montura$500304%Legal
Ellenton$500304%Legal
Balm$500304%Legal
High Point$500304%Legal
Umatilla$500304%Legal
Pretty Bayou$500304%Legal
Alturas$500304%Legal
North River Shores$500304%Legal
Feather Sound$500304%Legal
Lake Clarke Shores$500304%Legal
Harbour Heights$500304%Legal
Tierra Verde$500304%Legal
South Beach$500304%Legal
Juno Beach$500304%Legal
Chipley$500304%Legal
Lely$500304%Legal
Watertown$500304%Legal
Whitfield$500304%Legal
Holden Heights$500304%Legal
Royal Palm Estates$500304%Legal
Flagler Estates$500304%Legal
Loxahatchee Groves$500304%Legal
Bagdad$500304%Legal
Port St. Joe$500304%Legal
Point Baker$500304%Legal
St. James City$500304%Legal
Ridgecrest$500304%Legal
Tyndall AFB$500304%Legal
Cedar Grove$500304%Legal
Island Walk$500304%Legal
Desoto Lakes$500304%Legal
Windermere$500304%Legal
Nokomis$500304%Legal
Lake Panasoffkee$500304%Legal
Midway city$500304%Legal
Cleveland$500304%Legal
Melbourne Beach$500304%Legal
Bay Pines$500304%Legal
Ponce Inlet$500304%Legal
Frostproof$500304%Legal
Biscayne Park$500304%Legal
North Brooksville$500304%Legal
Hilliard$500304%Legal
Tiger Point$500304%Legal
Chattahoochee$500304%Legal
Crystal River$500304%Legal
Zellwood$500304%Legal
Sharpes$500304%Legal
Bushnell$500304%Legal
Dade City North$500304%Legal
Dover$500304%Legal
Bal Harbour$500304%Legal

Car Title Loans in Florida 2020 

Car title loans are legal in Florida.

However, any unlicensed loans are immediately void – with both principal and interest forfeited.

Chapter 537 of Florida’s title loan statute allows licensed lenders to charge:

  • 30% annual interest on the first $2,000.
  • 24% annual interest on the next $2,001 to $3,000.
  • 18% annual interest on any balance > $3,000.

The legislation also stipulates the “maximum annual percentage rate that may be charged is 12 times the maximum monthly rate, and the maximum monthly rate must be computed on the basis of one-twelfth of the annual rate for each month.” Rollovers are allowed, as loans can be extended one or more 30-day periods if mutually agreed upon by the lender and the borrower.

However, when in default, the lender can immediately seize your car. But it needs to do so through a licensed agent. When the lender sells the vehicle, it must notify you 10 days in advance of the transaction. After a sale occurs, you are no longer liable for any payments. However, if the lender earns a surplus on the sale, it must return the excess amount to you within 30 days.

Alternative Payday Loans in Florida 

As a reputable alternative lender, OppLoans is licensed in the state of Florida. Through FinWise Bank –which is regulated by the Federal Deposit Insurance Corporation (FDIC) – OppLoans services loans that are approved and underwritten by FinWise.

Typical installment loans in Florida range from $500 to $4,000 and have average APRs of 160%. As well, terms range from 9 to 18 months.

Best Auto Loans for Bad Credit in Florida 2020

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in Florida

Yes

Amount

Up to $100,000

Min Credit Score

0

APR

Vary

Licensed in Florida

Yes

Amount

Up to $100,000

Min Credit Score

0

APR

Vary

Licensed in Florida

Yes

Amount

Up to $100,000

Min Credit Score

0

APR

Vary

Licensed in Florida

Yes

Amount

$8,000 - $100,000

Min Credit Score

500

APR

2.74% - 27%

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

500

APR

From 3.09%

Licensed in Florida

Yes

Amount

$250 - $500,000

Min Credit Score

640

APR

2.99% - 21.99%

Licensed in Florida

Yes

Amount

$1,500 - $20,000

Min Credit Score

0

APR

18.00% - 35.99%

Licensed in Florida

Yes

Amount

$1,000 - $45,000

Min Credit Score

0

APR

From 0.99%

Licensed in Florida

Yes

Amount

$1,000 - $35,000

Min Credit Score

0

APR

From 1.99%

Licensed in Florida

Yes

Amount

$7,500 - $50,000

Min Credit Score

500

APR

From 3.39%

Licensed in Florida

Yes

Amount

$5,000 – $55,000

Min Credit Score

510

APR

3.99% - 24.99%

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

3.90% - 27.90%

Licensed in Florida

Yes

Best Auto Loans for Good Credit in Florida 2020

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

From 1.99%

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

500

APR

From 3.09%

Licensed in Florida

Yes

Amount

$250 - $500,000

Min Credit Score

640

APR

2.99% - 21.99%

Licensed in Florida

Yes

Amount

$5,000-$100,000

Min Credit Score

660

APR

4.99% to 9.19%

Licensed in Florida

Yes

Amount

$7,500 - $50,000

Min Credit Score

500

APR

From 3.39%

Licensed in Florida

Yes

Amount

$8,000 - $100,000

Min Credit Score

500

APR

2.74% - 27%

Licensed in Florida

Yes

Amount

$1,000 - $100,000

Min Credit Score

0

APR

3.90% - 27.90%

Licensed in Florida

Yes

Amount

$3,000 - $100,000

Min Credit Score

650

APR

From 3.12%

Licensed in Florida

Yes

Amount

$5,000 - $100,000

Min Credit Score

640

APR

From 3.54%

Licensed in Florida

Yes

Amount

$5,000 – $55,000

Min Credit Score

510

APR

3.99% - 24.99%

Licensed in Florida

Yes

Amount

$5,000 - $100,000

Min Credit Score

600

APR

3.54% - 10.24%

Licensed in Florida

Yes

Amount

$1,500 - $20,000

Min Credit Score

0

APR

18.00% - 35.99%

Licensed in Florida

Yes

Credit Unions in Florida

Name:APR:Amount:
Suncoast Credit Union9.25%+Up to $30,000
VyStar Credit Union7.99% – 14%$750 – $100,000

Suncoast Credit Union

At Suncoast Credit Union, you can choose from three types of personal loans:

  • Signature Loans allow you to borrow upwards of $30,000 with APRs as low as 10.5%. Terms extend up to 60 months and loans are unsecured so no collateral is required.
  • Computer Loans vary by amount, but APRs are as low as 9.25%. Financing is available for computers, monitors and printers and terms extend up to 36 months.
  • Personal Credit Lines allow you to borrow up to $30,000 and APRs are as low as 9.5%. Your minimum monthly payment is 3% of the outstanding balance.

Suncoast operates 9 branches across Florida, with locations in Riverview, Brandon, Odessa and Tampa.

VyStar Credit Union

Like Suncoast, VyStar Credit Union also has three personal loan options:

  • Pay & Save Loans are VyStar’s payday loan alternative. You can borrow up to $750 with an APR of 14%. Loans are repaid within 6 months, but 10% of the proceeds must be deposited in a VyStar savings account until the balance is paid-in-full. However, the product is a great way to avoid predatory payday loans.
  • Personal Credit Lines allow you to borrow anywhere from $300 to $100,000. APRs are set at 13.24%, however, they fluctuate with the Wall Street Journal Prime Rate. As well, your minimum monthly payment is 3% of the outstanding balance or $25 – whichever is greater.
  • Signature Loans allow you to borrow anywhere from $300 to $100,000 and APRs vary by term.

Signature Loan APRs are structured as:

  • Up to 12 months: 7.99%.
  • 13 to 24 months: 8.25%.
  • 25 to 36 months: 8.49%.
  • 37 to 48 months: 9.25%.
  • 49 to 60 months: 9.49%.
  • 61 to 72 months: 10.99%.
  • 73 to 84 months: 11.49%.

VyStar operates branches across Florida, with locations in Jacksonville, Orange Park, Middleburg, Neptune Beach as well as many others.

All Licensed Credit Unions in Florida

NameCitySize (Millions)Members
SUNCOAST SCHOOLS FEDERAL CREDIT UNIONTampa$4,928.57520428
VYSTAR CREDIT UNIONJacksonville$4,389.88405916
SPACE COAST CREDIT UNIONMelbourne$3,026.22376465
GTE FEDERAL CREDIT UNIONTampa$1,451.48176486
GROW FINANCIAL FEDERAL CREDIT UNIONTampa$1,732.92154590
MIDFLORIDA CREDIT UNIONLakeland$1,597.45154556
FAIRWINDS CREDIT UNIONOrlando$1,581.75147636
CENTRAL FLORIDA EDUCATORS FEDERAL CREDIT UNIONLake Mary$1,290.59121171
PUBLIX EMPLOYEES FEDERAL CREDIT UNIONLakeland$631.42116952
EGLIN FEDERAL CREDIT UNIONFort Walton Beach$1,408.38109962
PEN AIR FEDERAL CREDIT UNIONPensacola$1,120.06106785
COMMUNITY FIRST CREDIT UNION OF FLOJacksonville$1,135.65104959
TYNDALL FEDERAL CREDIT UNIONPanama City$1,074.82103179
DADE COUNTY FEDERAL CREDIT UNIONDoral$527.7398437
ACHIEVA CREDIT UNIONClearwater$967.2597307
IBM SOUTHEAST EMPLOYEES FEDERAL CREDIT UNIONBoca Raton$831.4273640
CAMPUS USA CREDIT UNIONGainesville$1,080.6463497
SOUTH FLORIDA EDUCATIONAL FEDERAL CREDIT UNIONMiami$772.3363444
MCCOY FEDERAL CREDIT UNIONOrlando$431.6959527
INSIGHT CREDIT UNIONOrlando$435.5354341
TROPICAL FINANCIAL CREDIT UNIONMiramar$562.2854149
KENNEDY SPACE CENTER FEDERAL CREDIT UNIONMerritt Island$566.8451814
FLORIDA CREDIT UNIONGainesville$459.5349486
GULF WINDS FEDERAL CREDIT UNIONPensacola$397.2748951
BRIGHTSTAR CREDIT UNIONFort Lauderdale$349.3647348
CITY COUNTY CU OF FORT LAUDERDALE CREDIT UNIONMargate$295.6145831
FLORIDA CENTRAL CREDIT UNIONTampa$356.1245752
POWER FINANCIAL CREDIT UNIONPembroke Pines$491.7242641
FIRST FLORIDA CREDIT UNIONJacksonville$390.1338660
FLORIDA COMMERCE CREDIT UNIONTallahassee$349.2336233
121 FINANCIAL CREDIT UNIONJacksonville$420.1936172
USF FEDERAL CREDIT UNIONTampa$400.3433482
COMMUNITY CREDIT UNIONRockledge$383.8132502
JAX FEDERAL CREDIT UNIONJacksonville$302.7230909
ENVISION CREDIT UNIONTallahassee$229.6430080
PBC CREDIT UNIONWest Palm Beach$103.9029520
TAMPA BAY FEDERAL CREDIT UNIONTampa$212.2927289
SUNSTATE FEDERAL CREDIT UNIONGainesville$282.5926948
UNIVERSITY CREDIT UNIONMiami$182.3526187
VELOCITY COMMUNITY FEDERAL CREDIT UNIONPalm Beach$262.5625446
RAILROAD & INDUSTRIAL FEDERAL CREDIT UNIONTampa$260.7524466
STATE EMPLOYEES CREDIT UNIONJacksonville$299.6223858
ORLANDO FEDERAL CREDIT UNIONOrlando$160.6021044
GOLD COAST FEDERAL CREDIT UNIONWest Palm Beach$120.8019693
INNOVATIONS FEDERAL CREDIT UNIONPanama City$144.3017089
JETSTREAM FEDERAL CREDIT UNIONMiami Lakes$127.2016605
MEMBERS FIRST CREDIT UNION OF FLORIPensacola$141.3516294
FIRST COAST COMMUNITY CREDIT UNIONPalatka$96.6015578
HEALTHCARE’S COOPERATIVE CREDIT UNIONJacksonville$107.2615383
MARTIN FEDERAL CREDIT UNIONOrlando$113.3815090
FLORIDA STATE UNIVERSITY CREDIT UNIONTallahassee$115.5214441
MIAMI POSTAL SERVICE CREDIT UNIONMiami$110.4613871
HARVESTERS FEDERAL CREDIT UNIONCantonment$116.9813677
PINELLAS FEDERAL CREDIT UNIONLargo$84.7813561
PEOPLES CREDIT UNIONPembroke Pines$74.4813252
CENTRAL CREDIT UNION OF FLORIDAPensacola$114.7013176
FIRST CHOICE CREDIT UNIONWest Palm Beach$101.9112576
COASTLINE FEDERAL CREDIT UNIONJacksonville$123.1212182
MAGNIFY CREDIT UNIONMulberry$85.2311744
FOCUS CREDIT UNIONChattahoochee$119.6111668
PANHANDLE EDUCATORS FEDERAL CREDIT UNIONPanama City$113.8411450
SAN ANTONIO CITIZENS FEDERAL CREDIT UNIONSan Antonio$126.8211295
FINANCIAL FEDERAL CREDIT UNIONMiami$55.6310969
SANTA ROSA COUNTY FEDERAL CREDIT UNIONMilton$80.9510912
KEYS FEDERAL CREDIT UNIONKey West$125.4810045
BAPTIST HEALTH SOUTH FLORIDA FEDERAL CREDIT UNIONMiami$43.139570
INDIAN RIVER FEDERAL CREDIT UNIONVero Beach$53.959458
PRIORITY ONE CREDIT UNIONSunrise$70.489453
BROWARD HEALTHCARE FEDERAL CREDIT UNIONFort Lauderdale$52.699255
BUCKEYE COMMUNITY FEDERAL CREDIT UNIONPerry$68.149206
CENTRAL FLORIDA POSTAL CREDIT UNIONOrlando$56.049087
BAY CREDIT UNIONPanama City$66.379072
MEMORIAL EMPLOYEES FEDERAL CREDIT UNIONHollywood$47.528881
FLORIDA WEST COAST CREDIT UNIONBrandon$78.888866
FLORIDA HOSPITAL CREDIT UNIONAltamonte Springs$37.448273
OKALOOSA COUNTY TEACHERS FEDERAL CREDIT UNIONCrestview$64.917768
COMMUNITY SOUTH CREDIT UNIONChipley$88.867717
TAMPA POSTAL FEDERAL CREDIT UNIONTampa$58.617498
J. M. ASSOCIATES FEDERAL CREDIT UNIONJacksonville$90.977044
DUVAL FEDERAL CREDIT UNIONJacksonville$54.466726
FLORIDA TRANSPORTATION CREDIT UNIONFort Lauderdale$61.686670
BAY PINES FEDERAL CREDIT UNIONBay Pines$46.886518
CITY & POLICE FEDERAL CREDIT UNIONJacksonville$67.136453
T M H FEDERAL CREDIT UNIONTallahassee$46.316450
TALLAHASSEE-LEON FEDERAL CREDIT UNIONTallahassee$38.516259
HCA FEDERAL CREDIT UNIONGainesville$28.146199
SUN CREDIT UNIONHollywood$55.406039
S C O R E FEDERAL CREDIT UNIONTallahassee$49.255637
RYDER SYSTEM FEDERAL CREDIT UNIONMiami$41.865571
SEMINOLE SCHOOLS FEDERAL CREDIT UNIONSanford$35.975402
FIRST CREDIT UNION OF GAINESVILLEGainesville$46.615377
DARDEN EMPLOYEES FEDERAL CREDIT UNIONOrlando$21.355373
FLAG CREDIT UNIONTallahassee$35.865365
MIAMI FIREFIGHTERS FEDERAL CREDIT UNIONMiami$75.174688
COUNTRY FEDERAL CREDIT UNIONMacclenny$49.724649
POWERNET CREDIT UNIONTampa$72.214550
CORAL COMMUNITY FEDERAL CREDIT UNIONFort Lauderdale$23.124526
JAX METRO CU CREDIT UNIONJacksonville$36.634493
JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNIONJacksonville$44.324458
CALHOUN-LIBERTY EMPLOYEES CREDIT UNIONBlountstown$27.574416
UNITED POLICE FEDERAL CREDIT UNIONMiami$45.744392
EMERALD COAST FEDERAL CREDIT UNIONPort St Joe$35.404341
ECU CREDIT UNIONSeminole$34.264279
PENSACOLA GOVERNMENT FEDERAL CREDIT UNIONPensacola$45.584246
SOUTH FLORIDA FEDERAL CREDIT UNIONMiami$33.264083
GULF STATES CREDIT UNIONMaitland$23.754057
FL. DEPT. OF TRANSPORTATION` CREDIT UNIONTallahassee$45.963954
EVERGLADES FEDERAL CREDIT UNIONClewiston$30.383858
GPCE CREDIT UNIONPensacola$31.223659
FLORIDA STATE EMPLOYEES FEDERAL CREDIT UNIONPensacola$34.023505
MANATEE COMMUNITY FEDERAL CREDIT UNIONBradenton$24.403375
FLORIDA A & M UNIVERSITY FEDERAL CREDIT UNIONTallahassee$20.973271
WALTON COUNTY TEACHERS FEDERAL CREDIT UNIONDefuniak Springs$14.773240
JACKSONVILLE FIREMEN’S CREDIT UNIONJacksonville$29.573139
WEST COAST FEDERAL EMP. CREDIT UNIONSarasota$31.863127
JACKSON COUNTY TEACHERS CREDIT UNIONMarianna$22.903099
MIAMI FEDERAL CREDIT UNIONMiami$27.352955
SUWANNEE RIVER FEDERAL CREDIT UNIONLive Oak$13.072752
ST. JOSEPHS HOSPITAL FEDERAL CREDIT UNIONTampa$28.022748
SOUTH ATLANTIC FEDERAL CREDIT UNIONBoca Raton$12.372696
FLORIDA RURAL ELECTRIC CREDIT UNIONTallahassee$20.062649
SERVICE 1ST CU CREDIT UNIONTampa$13.742549
FLORIDA BAPTIST CREDIT UNIONJacksonville$23.572544
COMMUNITY TRUST FEDERAL CREDIT UNIONApopka$5.592491
WEST COAST FEDERAL CREDIT UNIONClearwater$12.512411
SARASOTA MUNICIPAL EMPLOYEES CREDIT UNIONSarasota$23.102399
OCALA COMMUNITY CREDIT UNIONOcala$26.612315
FINANCIAL EDUCATORS FEDERAL CREDIT UNIONDaytona Beach$16.562169
CITY-COUNTY EMPLOYEES CREDIT UNIONClearwater$15.332115
PENSACOLA FEDERAL CREDIT UNIONPensacola$16.362101
COMPASS FINANCIAL FEDERAL CREDIT UNIONHialeah$15.492097
METRO NORTH FEDERAL CREDIT UNIONJacksonville$14.672083
BAPTIST REGIONAL MEDICAL FEDERAL CREDIT UNIONPensacola$7.892019
MERCY CREDIT UNIONMiami$20.251976
FIRST COAST FEDERAL CREDIT UNIONJacksonville$7.061900
SOUTHERNMOST FEDERAL CREDIT UNIONKey West$10.591873
HIALEAH MUNICIPAL EMPLOYEES FEDERAL CREDIT UNIONHialeah$11.151747
POMPANO BEACH CITY EMP. CREDIT UNIONPompano Beach$15.591557
MONROE COUNTY TEACHERS FEDERAL CREDIT UNIONKey West$15.131400
DUCOTE FEDERAL CREDIT UNIONJacksonville$3.321362
FARMERS FEDERAL CREDIT UNIONJacksonville$12.731358
PENSACOLA L & N FEDERAL CREDIT UNIONPensacola$7.941354
CLAY ELECTRIC EMPLOYEES CREDIT UNIONKeystone Heights$7.711209
ECCO CREDIT UNIONPace$19.251036
JEFFERSON COUNTY TEACHERS CREDIT UNIONMonticello$6.851028
SHAW-ROSS EMPLOYEES CREDIT UNIONMiami$5.661014
CONTAINER MUTUAL CREDIT UNIONFernandina Beach$8.38999
NORTH DADE COMMUNITY DEVELOPMENT FEDERAL CREDIT UNIONMiami Gardens$4.60987
FLORIDA CUSTOMS FEDERAL CREDIT UNIONTampa$8.63969
LEE COUNTY POSTAL EMP. CREDIT UNIONFort Myers$4.07911
SUNLAND CREDIT UNIONMarianna$2.52892
WEST FLORDIA MEDICAL FEDERAL CREDIT UNIONPensacola$3.67876
ELECTRICIANS’ LOCAL 349 CREDIT UNIONMiami$3.95803
FCAMEC FEDERAL CREDIT UNIONTallahassee$1.77762
MADISON EDUCATION ASSOC. CREDIT UNIONMadison$4.03715
F.R.S.A. CREDIT UNIONWinter Park$2.96708
TALLAHASSEE FEDERAL CREDIT UNIONTallahassee$5.81653
ANCHOR SEVEN FEDERAL CREDIT UNIONJacksonville$2.68551
ST. JAMES A M E CHURCH FEDERAL CREDIT UNIONMiami$0.49509
LOCAL 606 ELECTRICAL WORKERS FEDERAL CREDIT UNIONOrlando$8.43434
JAX GLIDCO EMPLOYEES FEDERAL CREDIT UNIONJacksonville$2.42397
TOWN OF PALM BEACH FEDERAL CREDIT UNIONWest Palm Beach$2.69395
SWC CREDIT UNIONTampa$2.32360
TAMPA LONGSHOREMEN’S FEDERAL CREDIT UNIONTampa$0.41359
LEE COUNTY MOSQUITO CONTROL CREDIT UNIONFort Myers$0.51197
MAC NEILL EMPLOYEES CREDIT UNIONSunrise$0.93176
MIAMI SHORES VILLIAGE EMP FEDERAL CREDIT UNIONMiami Shores$0.2963
SIX THIRTY FEDERAL CREDIT UNIONWest Palm Beach$0.001

Student Loans in Florida

Access to Better Learning and Education Grant (ABLE)

Offering $1,500 per year to qualifying students, Florida’s ABLE Grant provides tuition assistance if you attend eligible colleges and universities.

To qualify:

  • You must be a resident of Florida and a U.S. citizen or eligible non-citizen.
  • You must not possess or be in default of a federal student loan or grant.
  • You must not have a bachelor’s degree.
  • You must enroll for at least 12 credit hours per term.
  • You must not pursue a degree in theology or divinity.
  • You must meet Florida’s general eligibility requirements.

Florida Student Assistance Grant (FSAG)

The FSAG Grant is a needs-based scholarship that’s broken down into four subgroups:

  • The Florida Public Student Assistance Grant is awarded to students attending state universities and public colleges.
  • The Florida Private Student Assistance Grant is awarded to students attending private, non-profit, 4-year colleges and universities.
  • The Florida Postsecondary Student Assistance Grant is awarded to students attending institutions that are exempt from the Florida Private Student Assistance Grant.
  • The Florida Public Postsecondary Career Education Assistance Grant is awarded to students attending eligible Florida community colleges and career centers operated by district school boards.

The qualification requirements are the same as above except:

  • You must enroll for at least 6 credit hours per term to participate in the public program.
  • You must enroll for at least 12 credit hours per term to participate in the private and post secondary programs.

Federal Housing Administration (FHA) Loans in Florida

There are 67 counties in Florida where FHA loans are applicable. The lowest loan amount of $314,827 is available in 51 counties, while the highest loan amount of $1,017,300 is available in Monroe County.

CountySingle Unit Limit (lowest)Four-Plex Limit (highest)
Alachua County$331,760$638,100
Baker County$373,750$718,750
Bay County$331,760$638,100
Bradford County$331,760$638,100
Brevard County$331,760$638,100
Broward County$373,750$718,750
Calhoun County$331,760$638,100
Charlotte County$331,760$638,100
Citrus County$331,760$638,100
Clay County$373,750$718,750
Collier County$450,800$866,950
Columbia County$331,760$638,100
Desoto County$331,760$638,100
Dixie County$331,760$638,100
Duval County$373,750$718,750
Escambia County$331,760$638,100
Flagler County$331,760$638,100
Franklin County$331,760$638,100
Gadsden County$331,760$638,100
Gilchrist County$331,760$638,100
Glades County$331,760$638,100
Gulf County$331,760$638,100
Hamilton County$331,760$638,100
Hardee County$331,760$638,100
Hendry County$331,760$638,100
Hernando County$331,760$638,100
Highlands County$331,760$638,100
Hillsborough County$331,760$638,100
Holmes County$331,760$638,100
Indian River County$331,760$638,100
Jackson County$331,760$638,100
Jefferson County$331,760$638,100
Lafayette County$331,760$638,100
Lake County$331,760$638,100
Lee County$331,760$638,100
Leon County$331,760$638,100
Levy County$331,760$638,100
Liberty County$331,760$638,100
Madison County$331,760$638,100
Manatee County$331,760$638,100
Marion County$331,760$638,100
Martin County$350,750$674,500
Miami-Dade County$373,750$718,750
Monroe County$552,000$1,061,550
Nassau County$373,750$718,750
Okaloosa County$391,000$751,900
Okeechobee County$331,760$638,100
Orange County$331,760$638,100
Osceola County$331,760$638,100
Palm Beach County$373,750$718,750
Pasco County$331,760$638,100
Pinellas County$331,760$638,100
Polk County$331,760$638,100
Putnam County$331,760$638,100
Santa Rosa County$331,760$638,100
Sarasota County$331,760$638,100
Seminole County$331,760$638,100
St. Johns County$373,750$718,750
St. Lucie County$350,750$674,500
Sumter County$331,760$638,100
Suwannee County$331,760$638,100
Taylor County$331,760$638,100
Union County$331,760$638,100
Volusia County$331,760$638,100
Wakulla County$331,760$638,100
Walton County$391,000$751,900
Washington County$331,760$638,100

Business Loans in Florida

If you’re looking for a reliable online lender, consider the options below:

Amount

Up to $10,000,000

APR

Vary

Min Credit Score

0

Licensed in Florida

Yes

Amount

$5,000 - $500,000

APR

9.77% - 35.98%

Min Credit Score

600

Licensed in Florida

Yes

Amount

$5,000 - $500,000

APR

5.99% – 35.99%

Min Credit Score

500

Licensed in Florida

Yes

Amount

Up to $250,000

APR

24% – 99%

Min Credit Score

560

Licensed in Florida

Yes

Amount

Up to $350,000

APR

9.28 - 10.52%

Min Credit Score

650

Licensed in Florida

Yes

Amount

Up to $350,000

APR

10.00 - 25.00%

Min Credit Score

680

Licensed in Florida

Yes

Amount

$75,000 - $5,000,000

APR

5.50 - 8.25%

Min Credit Score

650

Licensed in Florida

Yes

Amount

Up to $500,000

APR

12.18 - 36.00%

Min Credit Score

660

Licensed in Florida

Yes

Amount

Up to $500,000

APR

9.00 - 99.00%

Min Credit Score

600

Licensed in Florida

Yes

Amount

Up to $5,000,000

APR

15.00 - 78.00%

Min Credit Score

600

Licensed in Florida

Yes

Amount

Up to $1,000,000

APR

Vary

Min Credit Score

0

Licensed in Florida

Yes

Amount

$6,000 to $250,000

APR

Vary

Min Credit Score

0

Licensed in Florida

Yes

For a local alternative, take a closer look at Treasure Coast Business Loans:

Treasure Coast Business Loans

At Treasure Coast Business Loans, you have three options to choose from:

  • A Business Line of Credit allows you to borrow up to $725,000 with fixed terms upwards of 18 months. APRs vary by borrower, but there are no maintenance, application or access fees. As well, loans are unsecured, so no collateral is required.
  • A Merchant Cash Advance Loan exchanges a lump sum for a small percentage of your company’s future credit card sales. You can borrow anywhere from $20,000 to $250,000 and no collateral is required. However, to qualify, you need a FICO Score of at least 500, at least $12,500 in monthly sales, be in operation for at least 9 months and be cash flow positive.
  • A Working Capital Loan allows you to borrow anywhere from $100,000 to $150,000 with variable APRs as low as 8.25%. Terms extend up to 10 years and no collateral is required. However, you need a FICO Score of at least 680 to qualify and your business must be in operation for at least 1 year.

To get in touch with Treasure Coast, you can visit their Florida location at: 203 N.W. Zanzibar Place Port St Lucie, FL 34986. You can also call them at 1-800-561-9086 or email them at treasurecoastloans@gmail.com.

Conclusion

Florida law does not restrict small credit lines, payday loans or car title loans. For credit lines, interest rates are capped at 30%, but additional charges usually result in higher APRs. For payday loans, they’re legal in Florida and APRs can extend beyond 300%. However, the state restricts payday loan rollovers and requires a 60-day grace period so borrowers can overcome a default. For car title loans, APRs are similar, but there is no grace period for default. The lender has the right to seize your car immediately, however, you’re not liable for any amount remaining on the loan. As well, if the car is sold at a surplus to the loan balance, the lender is required to return the excess funds.

Recommended Articles

Debt

Best Personal Loans for Bad and Good Credit in Vermont, Payday Loan Laws 2020

EPF March 7, 2020

View All Studies [toc] Best Personal Loans for Bad Credit in Vermont 2020 [sc name="loans_vermont_bad_credit"] Best Good Credit Loans in Vermont 2020 [sc name="loans_vermont_good_credit"] You can also check out our full list of recommended lenders. Shop Around Our Loan Calculator...

Debt

Best Personal Loans for Bad and Good Credit in West Virginia, Payday Loan Laws 2020

EPF March 7, 2020

View All Studies [toc] Best Personal Loans for Bad Credit in West Virginia 2020 [sc name="loans_west_virginia_bad_credit"] Best Good Credit Loans in West Virginia 2020 [sc name="loans_west_virginia_good_credit"] You can also check out our full list of recommended lenders. Shop Around Our...

AS SEEN ON