Florida allows up to $500 per payday loan, with a 10% fee plus a $5 verification fee; terms run 7–31 days. A $500 loan can therefore carry up to $55 in stated fees, so compare proceeds with the total due.
Florida permits one outstanding payday loan at a time and requires full payoff plus a 24-hour wait before another. If you cannot repay at term end, the state describes a no-additional-charge 60-day grace period when you arrange and complete credit counseling within the specified window.
Search OFR license information, especially for online offers. The Office accepts complaints; keep the lender name, transaction record, and debit authorizations.
Official reference: Florida Office of Financial Regulation — Payday Lenders. Checked November 11, 2026.