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Florida law limits the interest and terms of payday loans, and requires payday loan lenders to comply with other rules that protect consumers.
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Number: AGO 2000-26 Date: May 1, 2000 Subject: Usury, "payday loans" The Honorable Robert F. Milligan Comptroller of Florida The Capitol Tallahassee, Florida 32399-0350
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State of Florida according to the Fl. Stat. Ann. § 560.401 et seq. and Rule 69V-560.901-912 considers payday lending legal. In Florida it is forbidden to lend more Payday loans seen on tv
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This page contains a summary and chart showing state by state payday lending statues and laws by loan amount, loan term and finance charges.
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