Florida Payday Loans

Payday loans are legal in the state of Florida. The regulations on payday loans in Florida are similar to those in many other states. The maximum amount that someone can borrow from a payday loan company is $500. Florida payday loans can have terms of anywhere from 7 days to 31 days. It is up to the lender to decide what repayment period they would like to put forth. Florida has a significantly lower limit on the maximum amount of interest that can be charged - only 10% of the amount borrowed. This equates to a fee of $10 per $100 financed. If someone who borrows money is unable to repay it in a timely fashion, the lender must offer a repayment plan and give the borrower 60 days before sending the loan to collections.
There are many cities that offer lending companies including Orlando, Miami, and Tampa.

Verification Fees

Payday loan lenders in Florida are permitted to charge a verification fee in addition to interest charged. The fee varies depending on the amount of money that is loaned.

Criminal Charges

Florida lenders are not allowed to pursue criminal charges against those who are unable to pay back a loan.


Borrowers in Florida are not able to extend their loans. Payday loan extension is also known as loan rollover. Borrowers are also only able to have one outstanding payday loan at a time.

Mortgage Resources Inc
9770 Old Baymeadows Road, Suite 127
Jacksonville, FL 32256
Prescott Mortgage Inc
2375 Saint Johns Bluff Road South
Jacksonville, FL 32246
EverBank of Florida
10400 San Jose Boulevard, Suite 1
Jacksonville, FL 32257
Sunbelt Credit
4347 University Blvd S Ste 3
Jacksonville, FL 32216
Blazer Financial Services
9825 San Jose Blvd, Suite 35
Jacksonville, FL 32257
MasterCheck Check Drafting Software
10740 North 56th Street, Suite 170
Tampa, FL 33617
Jacksonville Check Collection
7530 103rd Street Suite 10
Jacksonville, FL 32210
Coconut Grove Bank
2701 South Bayshore Drive Floor 2
Miami, FL 33133
Cash Flow Consultants
5118 North 56th Street Suite 107
Tampa, FL 33602
Gold Star Jewelry & Pawn
6066 Saint Augustine Road
Jacksonville, FL 32217

Florida Loan Statistics

Pay Schedule
Average Loan Average Age Weekly Bi-Weekly Monthly Twice Per Month Home Owner Renter