Florida Payday Loans Laws, Florida Payday Loans Rate of Intrest, Florida Payday Loans Rollovers, Repayment Plan, Collection Limits, Legal Status

Florida Payday Loans Laws

Florida Payday loan laws. Florida Payday loan legislation. Florida Payday Loans 10% of the face amount of the payday loan plus a maximum $5.00 verification fee.

The permitted time period of Florida Payday Loans is a minimum of 7 days and a maximum of 31 days. Florida Payday Loans maximum amount of the cash advance is $500. There are no rollovers allowed to Florida Payday Loans.

Florida State Payday Loan Laws and Legislaion Information

Florida Payday Loans Legal Status: Legal

Florida Payday Loans Citation:
Fl. Stat. Ann. § 560.401 et seq.; Rule 69V-560.901-912

Florida Payday Loans Terms:
Florida Payday Loans Maximum Loan Amount: $500
Florida Payday Loans Term: 7-31 days
Florida Payday Loans Maximum Finance Rate and Fees: 10% + verification fee
Florida Payday Loans Finance Charge for 14-day $100 loan: $15
APR for 14-day $100 loan: 390%

Florida Payday Loans Debt Limits:
Florida Payday Loans Maximum Number of Outstanding Loans at One Time: One
Florida Payday Loans Rollovers Permitted: None (cannot rollover)
Florida Payday Loans Cooling-off Period: 24 hours
Florida Payday Loans Repayment Plan: Yes

Florida Payday Loans Collection Limits:
Florida Payday Loans Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages
Florida Payday Loans Criminal Action: Prohibited

Florida Payday Loans Where to Complain, Get Information:
Florida Payday Loans Regulator: Florida Office of Financial Regulation
Florida Payday Loans Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399
Florida Payday Loans Phone Number: (850) 410-9805
Florida Payday Loans Fax: (850) 410-9748
Florida Payday Loans Regulatory Contact

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