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Payday Loans in Florida

Borrowers are limited to one payday loan at a time. While rollovers are prohibited, lenders and borrowers can work out a repayment plan.

  • Maximum loan amount: $500
  • Minimum loan term: 7 days with a maximum of 31 days
  • Maximum APR: Maximum $16.11 per $100 for 2 weeks: APR of 419%
  • Rollovers: No rollovers allowed

Legal Framework for Payday Lending in Florida

Regulating the fine line of payday lending in Florida is the The 2018 Florida Statutes.

We at PayDayAllDay strongly suggest our consumers to do their research, and carefully analyze and compare the terms of services, rates, fees, and other conditions offered by several lenders before engaging in any borrowing activity.