What Florida law allows
| Product | Status | APR cap | Amount | Term | License | Law |
|---|---|---|---|---|---|---|
| Title loans[1][2] | AllowedHigh-cost loan | See rules below | Not set by statute | 30 days to 30 days | Title Loan Lender license | Fla. Stat. ch. 537 |
| Verified against the statute and regulator on September 23, 2026. Laws change; confirm with the regulator before you borrow. | ||||||
The rules in full
Title loans
- Rate cap
- Florida Title Loan Act (ch. 537) caps interest at 30% per annum on the first $2,000 of principal, 24% per annum on the portion from $2,000 to $3,000, and 18% per annum on the portion exceeding $3,000.
- License
- Title Loan Lender license (Florida OFR, ch. 537 F.S.); one license required per physical office location.
Full detail for every loan type: Florida lending laws.
Help in Florida
Rent and jobs in Florida
Typical rent and the jobless rate, to weigh before a loan payment.
Other options in Florida
Cheaper options to try first
Worth checking whatever your credit: these can cost less than a high-rate loan.
- Credit union payday alternative loans (PALs), capped at 28% APR under NCUA rules (12 CFR 701.21).
- Nonprofit credit counseling through the National Foundation for Credit Counseling.
- A payment plan from the company you owe, if you ask before you miss a payment.
- 211 for help with rent, utilities and food: call 211 or visit 211.org.
More cheaper options in Florida.
Other loan types allowed in Florida
Title loans in nearby states
- GeorgiaAllowedHigh-cost loan Cap set in statute
- South CarolinaAllowedNo rate limit in state law No rate limit
- AlabamaAllowedHigh-cost loan 300% APR
- MississippiAllowedHigh-cost loan 300% APR
- North CarolinaNot allowed Not allowed
Sources
- flsenate.gov. Fla. Stat. ch. 537. Retrieved September 23, 2026.
- flofr.gov. Florida Office of Financial Regulation (OFR), Division of Consumer Finance. Retrieved September 23, 2026.
- National Low Income Housing Coalition. Out of Reach 2026: Florida. Retrieved September 23, 2026.
- U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics (LAUS), All States, Seasonally Adjusted. Retrieved September 23, 2026.
Important disclosures
APRs vary by lender and state in Florida. Each lender sets its own rates and terms and must show you the APR before you sign.
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- Questions about a lender licensed in Florida? Contact the Florida Office of Financial Regulation (OFR), Division of Consumer Finance or file a state complaint.
- You can submit a complaint about any lender to the Consumer Financial Protection Bureau at consumerfinance.gov/complaint.