Are you live in Florida? You can be approved for a payday loan in 522 cities of Florida! Enter your e-mail address, click "Start Now" button, fill out an online payday loan form and get money transferred to your bank account!
In order to borrow short-term loans in Florida, individuals must first qualify under state law. Borrowers must meet all the requirements below to be entertained:
Many payday lenders have a monthly salary requirement before agreeing to a loan. Specific amounts may vary ranging from $800 to $1000 per month. The application process is easy enough and can be accomplished online. Note that FL laws require the agreement in writing and should contain the following information:
Following are the laws governing payday loans in Florida:
To further regulate the system, all skytrailcash online are tracked using a central database. Since not everyone can pay off a loan in time and rollovers aren’t allowed, Florida practices the Grace Period covering 60 days. During this time, borrowers must go through a credit counseling process that can help them set up a repayment plan.
Florida is one of the states still to impose a rate cap on payday loan borrowings. Still, there are some short-term laws that help protect borrowers from further losses. For example, lenders cannot prosecute borrowers if they submit a bad check. A demand for payment is possible, but only in so far as the 10% fee and the cost of the bad check. All complaints and inquiries associated with FL payday loans should be directed to the Florida Office of Financial Regulation. The institution may be reached through phone, fax or email.
Florida Office of Financial Regulation
Phone: (850) 410-9701
Fax: (850) 410-9768
There are currently several payday loan alternatives available to residents of Florida. They have the option of seeking out pawnshops or selling items through the internet. For some, asking a salary advance directly from the employer is simpler and dispenses with the problem of interest rates. Banks are also open to the possibility of loans, especially if one is in need of bigger amounts. Credit cards offer cash advance options that can be paid for within several months. Credit unions offer repayment plans through debt consolidation.