Payday loans in Florida |

Compare your loan options in Florida

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Make sure you understand the costs of a payday loan in Florida.

Payday loans, a type of short-term loan, can help you in an emergency if you’re low on cash. Read on to get a better picture about what short-term lending is like in Florida.

OppLoans Installment Loans

OppLoans Installment Loans

Get fast funding up to $5,000 at reasonable interest rates.

  • Min. Loan Amount: $500
  • Loan Term: 9 to 36 months
  • Turnaround Time: As soon as 1 business day
  • Must be 18+ years old
  • No security deposit needed
  • Confidential and secure

    Yes, short-term loans are legal in Florida. Florida requires all payday lenders to be licensed with the state and follow regulations.

    Basic regulations

    • Maximum loan amount: $500
    • Maximum loan term: 31 days
    • Minimum loan term: 7 days
    • Rollovers: None

    You can find the main regulations in Florida Statutes Chapter 560.402 et seq.

    Compare short-term loans available in Florida

    Rates last updated December 15th, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    1 business day
    Must have direct deposit and meet minimum income requirements
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    1–2 days
    Must have an active checking account, regular source of income and email address.
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    Blue Trust Loans Installment Loans
    Get an installment loan from an online tribal lender. Perks for returning borrowers.
    As soon as next business day
    Must be at least 18 years old and have a verifiable source of income with direct deposit into your checking account.
    LendYou Short-term Loans
    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    Slam Dunk Loans
    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.
    As soon as next business day
    Must be employed, receive regular income, earn at least $800 a month, have a checking account, be 18+ yrs old and a US citizen.

    Compare up to 4 providers

    How much do Florida short-term loans cost?

    Florida doesn’t just regulate how much you can borrow and how long you can take to pay it back. It also has rules about how much your lender can charge you for a short-term loan.

    • Finance charge: 10% of the loan, or $10 for every $100 borrowed
    • Verification fee: $5
    • APR: The APR of a 14-day $100 loan is 419%

    Our top three picks for Florida short-term loan providers

    Ready to start comparing short-term lenders? Check out how these three payday loan providers work in Florida.


    CashNetUSA offers payday loans to Florida residents. These are traditional payday loans, meaning that you get your funds in one lump sum and pay it back in full within the next month, usually on your next payday. You can apply online and get approved within minutes, getting your money as soon as the next business day. If you get your salary in the form of a paper check, CashNetUSA gives you a one-day grace period to let it clear.

    • Loan amounts: $100 to $500
    • Fees: $5 fee per loan, plus $10 for every $100 borrowed
    • When you pay it back: On your next payday if it’s in 8 to 31 days, otherwise 13 days after you get your funds.

    Check into Cash

    Check Into Cash has both online and in-store options for Florida residents who need a payday loan. Applying typically takes around five minutes and you can get your funds as soon as the next business day. But watch out young borrowers: Even though the age of majority on Florida is 18, this lender is only open to borrowers 21 and above.

    • Loan amounts: Up to $500
    • Fees: $15 to $55 per online loan, $8 to $53 for in-store loans
    • When you pay it back: Typically within two to four weeks.

    Having difficulty finding a lender that works for you? Don’t have time to apply for multiple offers from different lenders. is a connection service that can help you get multiple offers from short-term lenders in Florida.

    You can get connected with lenders in just a few minutes by filling out a quick online application. Many of its partners offer funding in as little as 24 hours. Loan amounts, fees and turnaround time varies by lender.

    How many payday loans can I have at once?

    Florida only lets borrowers take out one payday loan at a time. You also can’t rollover or renew your payday loan if you can’t afford to pay it off when your due date comes up. In fact, you aren’t allowed to take out another payday loan until 24 hours after you paid off your previous loan.

    So what can you do if you can’t pay up when the due date rolls around? Go to your lender before your payment is due and explain in person that you won’t be able to afford it. If you tell your lender ahead of time and in person, it’s required to give you a 60-day grace period. You’ll be required to make an appointment at a credit counseling agency within the next seven days, however.

    Did you know?

    Florida law technically regulates deferred presentment providers, not payday lenders. What’s the difference? For the borrower, they’re basically the same thing.

    Deferred presentment providers work the same way as other payday lenders. They’re required to be licensed in order to service loans. You’ll need to provide either a check or access to a checking account, and the lender will cash either the check or debit the account on the date the loan is due.

    What do I need to apply?

    You’ll need to be at least 18 years old, a US citizen or permanent resident and have a regular source of income in order to meet the minimum eligibility requirements set by most payday lenders.

    During your application, you’ll need to be prepared to submit personal details, such as you Social Security number, details from your ID and access to your checking account.

    How can I tell if a payday lender is legit?

    Ask yourself these questions when you’re looking at a lender:

    • Is it licensed in Florida? Florida requires all payday lenders to be licensed with the Florida Office of Financial Regulation (OFR), even if they lend online. Many legit lenders display their licenses on their state pages.
    • Do its loan amounts, terms and fees meet regulations? It’s not legit if it offers loans over $500 with terms and fees outside of what Florida’s laws allow.
    • Does it allow multiple payday loans at once? Florida law only lets borrowers have one loan at a time.
    • Does it guarantee approval? No legit payday lender can absolutely guarantee approval. When it sounds too good to be true, it often is.
    • Is the website secure? Another tell-tale sign of a scam is a lender that doesn’t use SSL encryption to protect borrowers’s information when they apply online. You can check this by looking at the URL. If there’s a green lock next to the web address, it’s secure.
    • What do customers say? A few bad online reviews are normal for any lender. But if you notice several customers complaining about the same problem, it could be a red flag.

    How to make sure a lender is licensed

    Many lenders display their state licenses on their websites, but it’s not always obvious where. You can verify that a lender is licensed in Florida by filling out a quick form on the Florida OFR’s website or calling (850) 487-9687.

    OFR payday license loan search

    How do I file a complaint against a payday lender in Florida?

    Think you’re a victim of a payday lender that didn’t follow the rules? You have a few options when it comes to filing a complaint against it, namely the Florida OFR and the Consumer Financial Protection Bureau (CFPB).

    Filing a complaint with the OFR

    Since the OFR directly regulates Florida short-term loans, you might want to make it your first stop. You can fill out a complaint form in just a few minutes on its website. To file a compliant, you need to first create an account with a username and password and provide the following information:

    • A summary of your complaint. This should include the specifics of the incident, the lender’s name and the the names of any relevant individuals.
    • Copies of relevant documents. Have scans or PDFs of your contracts, statements and and other documents supporting your case ready to upload on its online form.

    Filing a complaint with the CFPB

    On top of complaining to the OFR, you might also want to file a complaint with the CFPB. It can help you try and resolve the complaint with the business and also helps influence national regulations on payday lenders. You can file a complaint by filling out an online form. Similar to the OFR, you’ll need to include:

    • Details about the complaint. This means names, dates, amounts and any other specific information that can strengthen your case.
    • Documentation. Upload statements, contracts and any other documents to help the CFPB verify your complaint.

    Florida's upcoming installment loan regulations

    In March 2018, Florida’s house and senate passed a bill changing payday loan regulations that’s set to take effect on July 1, 2019. In short, this law makes it possible for borrowers to seek installment loans for their short-term needs but doesn’t eliminate smaller payday loans. Any loan you pay back in one payment follows the old rules. Larger short-term loans that you pay off with one repayment will need to meet the following requirements:
    • Maximum loan amount: $1,000
    • Loan term: 60 to 90 days
    • Time between repayments: 13 days and one month
    • Maximum fee: 8% of the loan balance ever two weeks

    It’ll also be illegal for any lender to charge prepayment penalties.

    A brief warning about payday loans

    While payday loans can be a good way to get ahead of your bills, they can be extremely expensive for people without a budget. You loan will always come with a contract that states the total cost — the principal, interest and other charges —that come with borrowing. Because Florida law has a maximum loan term of 31 days, you may struggle to meet the payment deadline.

    Borrowing responsibly is your best bet against going further into debt. In addition, applying for assistance programs can also help you avoid further debt. The Florida Food Assistance Program is one of the ways you can get help paying for your everyday expenses while still saving money to also pay for your debt.

    Four Florida payday loan alternatives

    Sometimes it can feel like a short-term loan is your only option. But there are alternatives out there you might want to explore before you visit your local payday lender. Here are a few of your options.

    1. Florida Food Assistance Program

    Could cutting down on food costs help you make your monthly bills? Formerly known as the food stamp program, Florida Food Assistance helps low-income families get access to affordable, nutritious food. You’ll need to meet some requirements to qualify — including being a Florida resident and have a certain household income that varies by number of people.

    2. Ask friends and family for help

    If you haven’t asked your friends and family to help you out of a pinch, you might want to. Even if none of them can afford to cover the whole cost, crowdsourcing funds can help you avoid taking out an expensive loan — or getting caught up in a cycle of debt.

    3. Make some extra cash on the side

    There are several quick temporary gigs that you can take up to cover expenses when things get tight. Even spending a few hours filling out taking online surveys and participating in marketing research can potentially help you cover your short-term expenses.

    4. Consider credit counseling

    If you find yourself needing extra funds regularly, you might want to consider signing up for credit counseling. A credit counseling agency can help you come up with a plan to manage your personal finances and get you back on your feet. You can find a list of government-approved credit counseling agencies on the Department of Justice’s website.

    Get details on payday loan alternatives

    Planning for payday loan expenses keeps you out of permanent debt

    As the federal government determines how to regulate the payday loan industry nationally because of the high cost to consumers, it’s important to remember that a payday loan can be helpful — if you use it right. Because Florida already has helpful regulations in place, the rate of default is lower than the national average. This is due to Florida’s 60-day repayment plan and the credit counseling that comes with it.

    Creating a budget for yourself or your family is one of the best ways to combat debt. Until banks and credit unions offer similar services to people with bad credit who need payday loans, government officials in Florida intend on keeping the laws in place. Many consider this the only way out of an emergency, even if it costs more in the long run.

    Have any more questions about short-term loans in Florida?

    Picture: Shutterstock

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

    By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

    Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

    8 Responses

    1. Default Gravatar
      LouisSeptember 22, 2018

      I am currently unemployed but receiving unemployment benefits. Can I still get a loan to be placed on my Green Dot Prepaid debit card ?

      • finder Customer Care
        JoshuaSeptember 25, 2018Staff

        Hi Louis,

        Thanks for getting in touch with finder. I hope all is well with you. :)

        Generally, unemployment benefits are considered to be a source of income. For this reason, you have a chance to get approved for a loan. While you can check our table above to check your options, you can also go to this page to specifically find loans that may release money on your Green Dot Prepaid debit card. Another page you might want to explore is our guide, “Loans for the Unemployed“.

        I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

        Have a wonderful day!


    2. Default Gravatar
      KaraFebruary 27, 2018

      Is there a loan option on a debit card that I already have in a few hours?

      • Default Gravatar
        joelmarceloMarch 7, 2018

        Hi Kara,

        Thanks for leaving a question on finder.

        You can get a prepaid debit card loan since it is legal to have one in Florida. Turn around time would usually be 1-2 days and it will depend on your eligibility.

        If you need anything else, please send me a message.


    3. Default Gravatar
      LorraineSeptember 7, 2017

      I need $4500 – 5000 cash today. What will it take to make this possible?

      • finder Customer Care
        JhezelynSeptember 8, 2017Staff

        Hi Lorraine,

        Thank you for your comment.

        Getting a loan and be approved today is actually possible. Consider getting a payday loan if you need one today. You may refer to our page to understand getting a loan in Florida. Compare the list of lenders listed on the page and if you think you’d want to apply and would fit the criteria, you may click the Go to Site button to be redirected to the financial institution’s page.

        Hope this helps.


    4. Default Gravatar
      JackieAugust 27, 2017

      Need cash for rent and medical. Expenses in Florida. Do they do a hard or soft credit check. Is it safe do online? How fast can I get the loan?

      • Default Gravatar
        DanielleAugust 27, 2017

        Hi Jackie,

        Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

        While not all lenders report to the big three credit agencies that handle credit, some might choose to report late or missing payments. This is at the discretion of the lender. In-store applications can be processed the same day so you can see your money within hours. Online applications take 24 hours to process, but the money will be directly deposited into your bank account.

        I hope this helps.


    US Payday Loans Offers

    Important Information*
    CashNetUSA Loan

    Apply for a short-term loan with an easy online application and dedicated customer service.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

    LendYou Short-term Loans

    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.

    Go to site