Yes. Payday loans are legal in Florida, and lenders must follow Fla. Stat. §§ 560.402-560.408.
Payday loan rules in Florida at a glance
| Payday loans | Legal, from licensed lenders |
|---|---|
| Fee or rate cap (single-payment loan) | Fees: 10% of amount borrowed + $5 verification (~391% APR on a $100 loan repaid in 14 days) |
| Largest single-payment loan | $500 |
| Single-payment loan term | 7 to 31 days |
| Installment payday loan | Up to $1,000, repaid over 60 to 90 days (Fla. Stat. § 560.404(5), (6)(a)-(c), (8), (26)) |
| Rollovers and renewals | Not allowed |
| Wait between loans | 1 day |
| Extended payment plan | Required for a single-payment loan if you meet the conditions the law sets: at least 60 days, at no extra cost (Fla. Stat. § 560.404(20), (21), (22)(a)-(b), (23)). The conditions are listed below |
| State loan database | Yes, lenders must check it before lending |
| Right to cancel | No right to cancel in state law |
| Arrest and criminal charges | Lenders may not threaten arrest or jail to collect |
| Lender license | Required |
| Regulator | Florida Office of Financial Regulation |
| Statute | Fla. Stat. § 560.309, Fla. Stat. §§ 560.402-560.408 |
Source: Fla. Stat. § 560.309, Fla. Stat. §§ 560.402-560.408 (read the law). We last checked it against the statute on October 3, 2026. See payday loan laws in every state.
What a payday loan costs in Florida
Under Florida's limits, borrowing $100 for 14 days costs $15 in fees, so you repay $115. That works out to 391% APR. Your offer may differ.
| Loan | Term | Fees | Total repaid | APR |
|---|---|---|---|---|
| $100 | 14 days | $15 | $115 | 391% |
| $300 | 14 days | $35 | $335 | 304% |
| $500 | 14 days | $55 | $555 | 287% |
A payday loan is usually repaid in one payment on your next payday, so a fee that looks small is a high APR. Compare it with the APR on any other option before you sign.
If you can't repay on time
Florida doesn't let a lender roll a payday loan over into a new one for another fee. If you can't repay on time and you meet the conditions the law sets, the lender must offer an extended payment plan on a single-payment loan of at least 60 days at no extra cost. The conditions are listed below. An installment payday loan has its own rule, also listed below. Lenders may not threaten arrest or jail to collect a payday loan in Florida.
The conditions on the payment plan in Florida (Fla. Stat. § 560.404(20), (21), (22)(a)-(b), (23)):
Single-payment loan
- When to ask: by the end of the deferment period, tell the provider in writing or in person that you cannot pay.
- Make an appointment with a consumer credit counseling agency within 7 days after the deferment period ends, and notify the provider within 7 days.
- Complete the counseling by the end of the 60-day grace period and notify the provider within 60 days (provider may verify with the agency).
- The borrower may agree to an agency-approved repayment plan; the provider must then follow it.
- No additional charge for the 60-day grace period.
Installment payday loan
- When to ask: in writing or in person by noon (local time) of the business day before a scheduled payment.
- One deferred payment per transaction, no fee, moved to after the last scheduled payment.
A federal rule also protects your bank account: after two payment attempts in a row fail, the lender needs your new permission before it tries again (CFPB payday rule).
How to check a lender in Florida
Payday lenders in Florida need a state license. Look the lender up in the official license search before you sign. Complaints go to the Florida Office of Financial Regulation. Lenditup does not check lender licenses for you (see how we verify).
Looking for a loan in Florida?
A single-payment payday loan is due within weeks. Florida also allows an installment payday loan of up to $1,000 repaid over 60 to 90 days. Compare either one with a personal installment loan first. If a payday loan is still the right fit, you can send one request and see what lenders and lending marketplaces in our network offer.
Lenditup is not a lender. Sending a request does not mean you will be approved; each lender sets its own rates and terms within Florida law.
Payday loan questions for Florida
01What is the most a payday lender can charge in Florida?
02How much can I borrow with a payday loan in Florida?
03How long can a payday loan last in Florida?
04Can I roll over a payday loan in Florida?
05How soon can I take out another payday loan in Florida?
06What if I can't repay a payday loan in Florida on time?
07How do I check that a payday lender is licensed in Florida?
08Is Lenditup a payday lender in Florida?
Other loan rules in Florida
Car title loans have their own law: see title loan rules in Florida. To compare payday rules across states, use the state payday loan law table, or read how payday loans work.