Florida authorizes deferred-presentment transactions up to $500 for single-payment loans, with terms of 7 to 31 days and a fee of up to 10% plus a verification fee. The state also allows a larger installment-style payday product under a 2018 law. A statewide database limits borrowers to one outstanding loan at a time.
Key limits in Florida
- Maximum loan amount: $500
- Maximum term: 31 days
Figures can change — always confirm current limits with the official source below before borrowing.
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.