On the basis of the state legislation of Florida, payday financing is acceptable.

On the basis of the state legislation of Florida, payday financing is acceptable.

Florida Cash Loan Law and Legislation

Florida imposes a $500 volume limitation on pay time loans obtainable in their state. Payday loan can be utilized in terms of period from 7 to 31 times due to the maximum finance expense of 10% for almost any $100 (plus verification cost a lower amount than $5) and 304%* APR. One loan at time is allowed.

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