Payday Loans Daytona Beach, FL – Compare Licensed Lenders (2026)

$$500

Max Loan Amount

Active Lenders

15 min

Approval Time

$73K

Population

Daytona Beach, Florida, located in the heart of Volusia County, is home to 72,647 residents. With a diverse economy supported by industries ranging from tourism to manufacturing, the area offers an average income of $52,000. Living in Daytona Beach is relatively affordable, with the cost of living sitting 10% below the national average. For those needing financial flexibility, payday loans can provide quick solutions to unexpected expenses. However, Florida's regulations limit these loans to a maximum of $500, with an APR ranging from 300% to 400%, highlighting the need for cautious financial decisions.

About Daytona Beach

Main Industries

$diverse industries

Avg Income

$$52,000

Cost of Living

$$-10% vs national avg

Florida Payday Loan Regulations

Max Loan Amount:$500

Max Term:31 days

Typical APR:No limit (typically 300-400%)

Finance Charge:10% of principal or $10, whichever is greater

Regulatory Body:Office of Financial Regulation (OFR)

Payday loans in Florida are legal with restrictions. You can only have one payday loan at a time. 24-hour cooling-off period required between loans.

Important: This information is current as of January 2026. State regulations may change. Always verify with your lender and state regulator before signing a loan agreement.

Where to Find Payday Loans in Daytona Beach

Although Daytona Beach has no active payday loan storefront lenders, residents can still access these short-term loans through various online platforms. While the lack of local lenders may seem inconvenient, online services offer a seamless, digital application process, which can be completed from the comfort of home. It's crucial for Daytona Beach residents to ensure they choose a reputable online lender, given Florida's regulations on payday lending.

Compare Lenders in Daytona Beach

Lender	Loan Range	Typical APR	Best For	Apply

Representative Loan Example in Daytona Beach

Calculation

Loan Amount: $$500

Term: $14 days

APR: $300%

Fee: $$50

Total Repayment: $$550

Effective APR: $260.7%

⚠️ Important Notes

✓ For Daytona Beach residents earning $$52,000, this payment is 1.15%
✓ Recommended: Keep monthly debt payments below 35% of income
✓ APR varies by lender and creditworthiness
✓ Always compare multiple offers before accepting

Advantages & Disadvantages in Daytona Beach

✅ Advantages

✓ Process completed 100% online
✓ Receive a decision in 15 minutes
✓ Available for Daytona Beach residents
✓ No collateral required
✓ Early repayment is allowed

❌ Disadvantages

✗ Higher APR compared to traditional banks
✗ Limited local lending options
✗ Credit check is required

💡 Expert Recommendation for Daytona Beach Residents

Rostislav Sikora, a seasoned loan expert, suggests that Daytona Beach residents can consider short-term payday loans for urgent needs due to the city's lower cost of living. However, it's essential to compare different lenders' APRs and ensure the repayment doesn't exceed 35% of your monthly income before committing to a loan.

Rostislav Sikora – Loan Comparison Specialist at Credizen

Frequently Asked Questions – Daytona Beach, FL

How do I get a payday loan in Daytona Beach, FL?

In Daytona Beach, you can apply for a payday loan online since there are no local storefronts. Ensure the lender is authorized to operate in Florida.

What's the max I can borrow in Daytona Beach?

Florida regulations cap payday loans at a maximum of $500.

Can I get approved with bad credit in Daytona Beach?

Yes, many online lenders consider applications from those with less-than-perfect credit.

Are there storefronts in Daytona Beach or is it online only?

Daytona Beach does not have storefront payday loan lenders; all options are online.

How fast can I get money in Daytona Beach?

Online payday loans can be approved within minutes, with funds typically available the next business day.

Do payday loans affect my credit score in Daytona Beach?

Most payday lenders do not report to credit bureaus, so timely repayment typically does not impact your credit score.

What documents do I need for a payday loan in Daytona Beach?

You'll need identification, proof of income, and a checking account to apply online.

What are the repayment terms for payday loans in Daytona Beach?

Payday loans in Daytona Beach usually have a term of 14 days, aligning with state regulations.

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Responsible Lending Notice: Payday loans are short-term financial products and should only be used for temporary cash needs. They are not a long-term solution for financial difficulties. Borrowers should consider other options before taking out a payday loan.

Regulatory Information: All lenders displayed serve Daytona Beach, FL and are regulated by state authorities. For complaints or concerns, contact the Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov.

Affiliate Disclosure: Credizen.net may earn a commission when you apply through our platform. This helps us keep our service free. We only work with licensed, reputable lenders.

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