Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Compare short-term loans in Florida

Get funds as soon as the same day with these lenders.

When you have unplanned expenses and are on a tight budget, a payday loan could be helpful. Payday loans, a type of short-term loan, give you quick access to money when you need it. Read on to find out about the laws in Florida and everything else you should know about how payday advances work.

Name Product Filter Values Loan amount Turnaround time Requirements
Finder Score: 4.7 / 5: ★★★★★
Up to $750
1 to 3 business days, instant for a fee
Direct deposit sent to a checking account, a regular pay schedule, a fixed work location or an online timekeeping system at work
No mandatory fees, no interest and no credit checks. Subject to EarnIn terms & conditions.
Finder Score: 4.1 / 5: ★★★★★
Up to $250
3 to 4 days standard delivery, instant with delivery fee.
Not stated
Automatically monitor your spending plus access cash advances up to $100 at a time.
Not rated yet
Based on the amount of accrued PTO
2 to 5 days
18+ years of age, live in eligible state, have W2 job with salary of $30k+, have PTO days accrued
Tap your unused PTO for a cash advance so you can access that money early. Available in: CO, FL, IL, MA, NY, NJ, TX, VA, OR, AR, NE, TN, ME, CT, WV
Go to site
Dave ExtraCash
Finder Score: 4.2 / 5: ★★★★★
Dave ExtraCash
Up to $500
Within an hour or instant with a delivery fee
At least two direct deposit paychecks to your bank account from your employer, extra money in your bank account
Borrow up to $100 to avoid hefty overdraft fees.
LendYou Short-term Loans
Finder Score: 2.5 / 5: ★★★★★
LendYou Short-term Loans
Up to $1,000 for payday loans and up to $5,000 for installment loans
1 business day
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
Fast5kLoans Short-term Loans Connection Service
Finder Score: 0.2 / 5: ★★★★★
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, Verifiable bank account, US citizen, Ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.

Payday loans — along with installment and title loans — are legal in Florida, and regulated by the Deferred Presentment Act. But, while convenient, the short loan term means they’re one of the most expensive options when you need cash.

Florida payday loan laws

Florida payday loans are capped at $500. But despite the high cost of short-term borrowing, Florida does regulate its lenders to keep you safe.

Max loan amount


Finance charges

10% of loan amount

Loan term

7 to 31 days

Rollovers allowed


Cooling-off period

24 hours

Verification fee


Florida installment loan laws

Installment loans became legal in Florida in 2018. Like payday loans, the fees a lender can charge you are capped — and you can even defer one payment if needed.

Max loan amount


Finance charges

10% of loan amount

Loan term

60 to 90 days

Rollovers allowed


Cooling-off period

24 hours

Verification fee


Florida title loan laws

Title loans allow you to use your vehicle’s title as collateral. But while they may have slightly lower interest rates than payday or installment loans, there’s an added risk: If you default, you could end up losing your car.

Max loan amount

Not stated

Finance charges

  • $2,000 or less: 30%
  • $2,001 to $3,000: 24%
  • $3,001 or more: 18%

Loan term

Up to 30 days

Rollovers allowed

Not limited, but lenders may not capitalize unpaid interest into a new loan

Cooling-off period


Other fees

Not stated

How much do payday 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%

3 top payday loan options in Florida

These three lenders are some of our top picks for borrowers.

CashNetUSA Loan


Finder score

CashNetUSA is one of the better lenders out there. Not only is it upfront about costs, but it also has financial literacy courses and a savings program. CashNetUSA also offers same-day turnaround if you get your application in before 10:30 a.m. CT. But for residents of Florida, your interest rate can top 600% if you opt for a short loan term. You'll also only have access to payday loans, not installment loans, when you borrow.
  • Available in: Alabama, Alaska, California, Delaware, Florida, Hawaii, Idaho, Illinois, Kansas, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Washington, Wisconsin, Wyoming

Check Into Cash Payday Loan


Finder score

Read review
Check Into Cash is a legit lender with plenty of options. It offers a wide variety of loans to residents of Florida, including payday loans, installment loans and title loans. But there are only two stores in the state — and you'll need to be at least 21 to apply.
  • Available in: Alabama, Arizona, California, Florida, Georgia, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Oklahoma, South Carolina, Tennessee, Wisconsin

Amscot cash advance

Read review
Amscot is based in Florida and is one of the few lenders we review to have some storefronts open 24/7. And while interest rates can still be high, Amscot does offer slightly lower interest rates than other lenders. You'll also only pay a $2 verification fee — as opposed to the state maximum of $5. But you'll need to visit a store to finalize your application.
  • Only available in: Florida

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. Legitimate lenders display their licenses, but you can also verify that a lender is licensed in Florida.
  • 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 telltale sign of a scam is a lender that doesn’t use SSL encryption to protect borrowers’ information when they apply online.
  • 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.

What if I can’t pay my loan?

Florida doesn’t allow a lender to press criminal charges against you if you aren’t able to pay back your loan. However, you may be on the hook for late fees and other charges if you can’t repay.

  • Payday loans. Florida requires lenders to provide a 60-day grace period free of charge. To qualify, you must make an appointment with a credit counselor within seven days of your due date.
  • Installment loans. If you inform your lender in person or in writing by noon on the business day before your due date, you can defer one payment.
  • Title loans. You can extend your title loan in 30-day increments as needed. While this will add more interest, lenders are unable to “roll over” previous interest owed into a new loan.

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

You have a few options when it comes to filing a complaint against a lender: 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 on its website in just a few minutes. To file a compliant, you need to first create an account with a username and password.

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.

4 short-term loan alternatives

There are alternatives you should explore before you take out a payday loan, including:

  1. Florida Food Assistance Program
  2. Credit counseling
  3. Bad credit personal loans
  4. Cash advance apps

Bottom line

Florida has strict requirements for its lenders. Before you borrow, compare your payday loan options to find the right choice and learn more about the risks.

Frequently asked questions

Our answers to common questions about payday loans in Florida.

How many payday loans can I have at one time?

Florida only allows borrowers to have one outstanding payday loan. You must repay your current loan — and wait until the end of the cool-off period — to borrow a new loan.

Can I get a no credit check payday loan in Florida?

It’s possible — but you might not get the best deal. No credit check loans can be more expensive than other short-term loan options. Instead, you might want to look for a lender that only runs a soft credit check that won’t hurt your credit score and accepts your credit range. Or, look into payday loan alternatives.

Does Florida have a payday loan database?

It does. Florida’s “deferred presentment transaction system” tracks all payday loan transactions in the state. You can’t access it on your own, however — you must be a payday lender to log on. Payday lenders use this to make sure that borrowers don’t already have a short-term loan in their name.

What’s Florida’s statute of limitations on payday loans?

Currently it’s five years. This means that if you can’t pay off your payday loan, your lender has five years to collect the funds — thorough a court order or other legitimate means — before it can no longer come after you.

Picture: Shutterstock

[gs_lookup_valuesheet_id="1QlmUHInzrq_GhMr7XdlM0tlwyO5pj4e5P0S9_wKsCDM"tab_name="Hero Manager"lookup_column="B"output_column="H"lookup_value="12277"]

More guides on Finder

Ask a Question 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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

8 Responses

    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 ?

      JoshuaSeptember 25, 2018Finder

      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 check other debit card loans to specifically find loans that may release money on your Green Dot Prepaid debit card.

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

      Have a wonderful day!


    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.


    Default Gravatar
    LorraineSeptember 7, 2017

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

      jhezelynandoySeptember 8, 2017Finder

      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 guide in 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.


    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.


Go to site