Personal Loans in Florida

Personal Loans in Florida
Luke Loftin
on May 1, 2019
Read in 1 min

Have you been thinking about taking out a personal loan in Florida?

If so, you’re not alone. Personal loans are a potential way to finance needed changes and help build a brighter and more stable future.

Florida has a population of about 21 million and a median income of about $26,000.

According to the latest statistics, Florida’s economy is booming. Its economy is ranked 5th in the nation and 3rd in fiscal stability although they are only 37th in affordability and 33rd in quality of life.

In practice, this means that while economic indicators are up, they are not necessarily robust enough to easily support individuals in the lower and middle-income ranges.

Where can I get a personal loan in Florida?

There are many different options if you are looking for a personal loan in Florida.

You can always visit a local branch of a bank or credit union but doing this can be time-consuming and you may not get approved.

When looking for a personal loan in Florida, many consumers can find loan options from lenders and lender-networks online.

What are some of the options for personal loans in Florida?

Borrowers in Florida may be eligible for fast cash loans, personal loans, title loans, debt consolidation loans, and many other online loans depending on their income and credit history.

personal loan in florida

What should I watch out for when requesting a personal loan in Florida?

When researching which personal loan in Florida is best for you, it is a good idea to start by verifying that the institution you are considering is in full compliance with all state and federal regulations.

The Florida Office of Financial Regulation is an outstanding resource for anyone interested in obtaining a personal loan in Florida.

They have an extensive database that allows consumers to verify that any lending institution in the state has the proper license and to file complaints if a company fails to comply with state law.

If you are considering a personal loan in Florida, it is important to work only with reputable companies.

One of the easiest ways to do this is with strategic online research of state and federal websites and looking at options through leading lending portals.

Need Cash? Get a Personal Loan Today

$5,000
I want to borrow
$1,000
$35,000

Disclaimer: This is not legal or financial advice. Please consult a legal or financial advisor for your specific situation.

Luke Loftin Finance Journalist

Luke is a writer and editor based out of Los Angeles.

He specializes in finance, as well as health and wellness.

In his free time, he enjoys watching Astros baseball.

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Important Disclosures. Please Read Carefully.

Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. Lendgenius.com is not a lender or lending partner and does not make loan or credit decisions. Lendgenius.com connects interested persons with a lender or lending partner from its network of approved lenders and lending partners. Lendgenius.com does not control and is not responsible for the actions or inactions of any lender or lending partner, is not an agent, representative or broker of any lender or lending partner, and does not endorse any lender or lending partner. Lendgenius.com receives compensation from its lenders and lending partners, often based on a ping-tree model similar to Google AdWords where the highest available bidder is connected to the consumer. Regardless, Lendgenius.com’s service is always free to you. This service is not available in all states. If you request to connect with a lender or lending partner in a particular state where such loans are prohibited, or in a location where Lendgenius.com does not have an available lender or lending partner, you will not be connected to a lender or lending partner. You are urged to read and understand the terms of any loan offered by any lender or lending partner, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you. By submitting your information via this website, you are authorizing Lendgenius.com and/or lenders and lending partners in its network or other intermediaries to do a credit check, which may include verifying your social security number, driver license number or other identification, and a review of your creditworthiness. Credit checks are usually performed by one of the major credit bureaus such as Experian, Equifax and Trans Union, but also may include alternative credit bureaus such as Teletrack, DP Bureau or others. You also authorize Lendgenius.com to share your information and credit history with its network of approved lenders and lending partners. For qualified consumers, our lenders offer loans with an Annual Percentage Rate (APR) of 35.99% and below. For qualified consumers, the maximum APR (including the interest rates plus fees and other costs) is 35.99%. All loans are subject to the lender’s approval based on its own unique underwriting criteria. Example: Loan Amount: $4,300.00, Annual Percentage Rate: 35.99%. Number of Monthly Payments: 30. Monthly Payment Amount: $219.36. Total Amount Payable: $6,581.78 Loans include a minimum repayment plan of 12 months and a maximum repayment plan of 30 months. In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lender’s rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

Lender’s or Lending Partner’s Disclosure of Terms.

The lenders and lending partners you are connected to will provide documents that contain all fees and rate information pertaining to the loan being offered, including any potential fees for late-payments and the rules under which you may be allowed (if permitted by applicable law) to refinance, renew or rollover your loan. Loan fees and interest rates are determined solely by the lender or lending partner based on the lender’s or lending partner’s internal policies, underwriting criteria and applicable law. Lendgenius.com has no knowledge of or control over the loan terms offered by a lender and lending partner. You are urged to read and understand the terms of any loan offered by any lenders and lending partners and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

Late Payments Hurt Your Credit Score

Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lenders and lending partners immediately and discuss how to handle late payments.