Payday Loans & Cash Advances in Florida
FL · up to $500 — max fee 10%- Max loan: $500
- Max fee: 10% of the loan's face value
- Term: 7-31 days
- Statute: Fla. Stat. § 560.401 et seq.
Get $500 Match in FL
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What a payday loan costs in Florida
A cash advance, a payday advance, a payroll advance — whatever the storefront sign says, it's the same product with the same legal ceiling in Florida.
The Florida fee of $30 per $300 borrowed ranks 1st of 29 fixed-fee states — one of the cheaper states for short-term credit.
| Loan amount | Max fee | Total repaid | Term |
|---|---|---|---|
| $200 | $20 | $220 | 7-31 days |
| $300 | $30 | $330 | 7-31 days |
| $500 | $50 | $550 | 7-31 days |
The same fee over 14 vs 30 days — why APR looks scary
Florida caps the dollar fee, not the APR — so the same fee annualizes differently depending on how long you hold the loan. This is the honest math for a $500 loan:
| Term | Fee | Total repaid | APR |
|---|---|---|---|
| 14 days | $50 | $550 | ≈261% |
| 30 days | $50 | $550 | ≈122% |
The rulebook in Florida
| Legal cap | $500 |
| Fee ceiling | 10% of loan amount + $5 verification fee |
| Term | 7-31 days |
| Rollovers | Forbidden |
| Cooling-off / rescind | End of next business day |
| Typical APR | 304% |
| Statute | Fla. Stat. § 560.401 et seq. |
| Regulator | Florida Office of Financial Regulation |
You cannot be prosecuted in a criminal proceeding for a deferred presentment check returned for insufficient funds.
Payday vs PAL vs installment in Florida
The payday loan is the fastest tool, rarely the cheapest. Before signing, compare it with the two structured alternatives:
| Payday loan | Credit-union PAL | Online installment | |
|---|---|---|---|
| Typical amount | $100–$500 | $200–$2,000 | $1,000–$5,000 |
| Cost | 10% flat fee (~400% APR) | APR capped at 28% federally | APR ≈36%–200% |
| Term | 7-31 days | 1–6 months | 6–24 months |
| Credit check | No hard pull — income-based | Soft pull, credit unions only | Soft-check prequalification common |
| Best for | A one-paycheck gap | Bigger gap, credit-union members | Multi-month shortfalls |
Repaying — and what happens if you can't
- Repayment is a single automatic debit from the account the money went into, due 7-31 days after signing.
- Rollover rules: Forbidden. A "renewal" that adds a fresh fee to the same balance is the classic payday debt spiral — state law is the line between a rollover and a legal new loan.
- Cancellation: Florida gives you a rescind window of end of next business day — return the principal within it and you owe no fee.
- You cannot be prosecuted in a criminal proceeding for a deferred presentment check returned for insufficient funds.
- If a debit bounces, the bank charges its own NSF fee and the lender may charge the contract late fee — then may sell the debt to a collector. Complaints go to the state regulator, and an unlicensed lender may have no enforceable claim at all.
Four things to try before borrowing
- A payment plan from the bill issuer. Utilities, hospitals, and many landlords must offer hardship payment plans on request — it costs nothing and beats any loan.
- Credit-union PAL. Federal credit unions offer Payday Alternative Loans (PALs): $200–$2,000 at APRs capped at 28% with terms of 1–6 months — several times cheaper than any payday fee, if you can join a credit union.
- Earned-wage access. Employer-connected advance apps let you draw already-worked hours for little or no fee. Slower than a payday loan, far cheaper.
- Local assistance. Community action agencies and charity programs cover one-time bills (rent, utilities, medication) in most metro areas.
50 Florida cities covered
Local guides with cost tables and requirements for the biggest Florida cities — the law is statewide, but fees hit differently in every local budget.
- Jacksonville 881k
- Miami 454k
- Tampa 377k
- Orlando 277k
- St. Petersburg 261k
- Hialeah 236k
- Tallahassee 191k
- Port St. Lucie 185k
- Cape Coral 180k
- Fort Lauderdale 179k
- Pembroke Pines 169k
- Hollywood 152k
- Miramar 138k
- Gainesville 132k
- Coral Springs 130k
- Clearwater 114k
- Miami Gardens 113k
- Palm Bay 110k
- Pompano Beach 109k
- West Palm Beach 108k
- Lehigh Acres 107k
- Brandon 107k
- Lakeland 106k
- Davie 102k
- Spring Hill 100k
- Plantation 98k
- Boca Raton 96k
- Sunrise 94k
- Miami Beach 92k
- Deltona 90k
- Alafaya 86k
- Palm Coast 85k
- Largo 83k
- Town 'n' Country 83k
- Melbourne 81k
- Deerfield Beach 80k
- Kendall 79k
- Fort Myers 77k
- Riverview 77k
- Boynton Beach 76k
- University 73k
- Lauderhill 72k
- Weston 70k
- Kissimmee 69k
- Homestead 68k
- Delray Beach 67k
- Daytona Beach 67k
- Tamarac 65k
- Pine Hills 65k
- North Port 64k
What are the requirements for obtaining a Payday Loan in Florida?
To get a payday loan in Florida, you need to meet some criteria. If you do not qualify for any of them, you will not be able to get a payday loan. Review the main ones and make sure you have everything needed to get a loan:
- 18 is the minimum age
- US citizens and permanent residents
- a resident of Florida
- contact number and email address
- permanent source of income
- an active bank account
Need more than $500?
An installment loan in Florida spreads $1,000–$5,000 over fixed monthly payments. For lenders operating outside the FL-licensed system, see our honest guide to tribal loans in Florida. For the full picture of short-term rules, see payday loans by state.
Florida payday loan FAQ
How much can I borrow with a payday loan in Florida?
The legal maximum is $500 per loan under Fla. Stat. § 560.401 et seq.. Lenders may not write around it, online or in a storefront.
Is a cash advance different from a payday loan in Florida?
No — cash advance, payday advance, and payroll advance are different names for the same short-term product. Florida's cap, fee ceiling, and term rules apply identically, whatever the lender calls it.
What does a $300 payday loan cost in Florida?
$30 in fees — 10% of the loan's face value — repaid 7-31 days later. Total repayment: $330.
I need money immediately — how fast can I get a payday loan in Florida?
Apply online in the morning: decisions arrive in minutes, and applications approved before the lender's daily cutoff are funded the same business day. After the cutoff or on weekends, funding lands the next business morning.
Do Florida payday lenders check credit?
No hard credit check in the traditional sense: approval runs on verifiable income and an active checking account, so weak or thin credit files still get funded. Some lenders record a soft inquiry, which leaves your score untouched.
What happens if I can't repay a payday loan in Florida?
State rule: forbidden. A missed debit adds the bank NSF fee and the contract late fee, and the debt may go to a collector. Ask the lender for an extended payment plan before the due date — and escalate to the Florida Office of Financial Regulation if the lender refuses to work with you.
How many payday loans can I have at once in Florida?
State law says: Forbidden. Your credit history with other lenders is checked through the state database.
Where do I complain about a Florida lender?
To the Florida Office of Financial Regulation (https://flofr.gov) — it licenses and polices every payday lender serving Florida residents.
Ready to check offers in Florida?
One short form, several licensed lenders, and the legal cost of your state shown before you commit to anything.
Check My Eligibility →Online Payday Loan Alternatives in Florida
If a two-week payday isn't the right fit, these Florida options cover the other common situations — bigger amounts, longer terms, and no-credit-check routes:
Payday Loan Calculator
The legal ceiling computed from state statute — the most a licensed lender may charge. It is the law, not a quote.
Get Payday Loans in Florida with All City Payday Loan
Every figure on this page is the legal ceiling computed from state law — the most a licensed lender may charge you. All City Payday Loan matches you with licensed lenders and shows the cost before you commit.
Start with All City Payday Loans →Disclosure. All City Payday Loan is not a lender, not a broker, and does not make credit decisions. Rates and terms are set by third-party lenders and depend on state law and the lender's underwriting; short-term loans carry APRs that may range from 35.99% to 359.99%. A payday loan is a short-term tool for a temporary cash gap — it is not a solution for long-term debt problems. Late or missed payments may result in additional fees and collection activity. Check your lender's license with your state regulator before you sign.