Florida Payday Loans

Online Payday Loans in Florida

A payday loan is an option you can turn to when you need to cover unexpected expenses. 1F Cash Advance is always here to help you find fast cash loans in Florida. You can fill out our fast and easy form on the website 24/7 and receive a loan decision in minutes. The entire process is secure and takes less than an hour to complete, allowing you to get a direct deposit into your bank account the same day or the next business day.

How It Works

Applying through 1F Cash Advance is fast, easy, and safe!

Complete your application. Do it online, visit one of our locations, or call (786) 321-4288.
Get approved within minutes. There's no hard credit check involved in the review process. Some lenders may check your credit before final approval.
Receive funding. If approved, the money might be transferred to you on the same day.*
*Online loans finalized before 10:30 am ET on weekdays are typically deposited on the same day. Applications originated after 10:30 am ET or on weekends will be funded no later than the following business day.

What Do You Need to Apply?

To get started, you’ll need to provide just a few basic items:

A government-issued photo ID
Social Security number
Active checking account details
Recent pay stub or other proof of income
Proof of your Florida address
Valid email and phone number

Rates and Terms

Under Florida law, borrowers can only get up to $500 with a payday loan. The minimum repayment period is 7 days, while the maximum term is 31 days. The maximum fee cannot exceed 10% of the advanced amount. Additionally, you might be charged a $5 verification fee.

Here’s an example of a finance charge schedule for an online cash advance loan in Florida:

Cost Examples

The APRs above reflect the 10% lender’s fee only. With the $5 verification fee included in the finance charge, a $100 advance repaid in 14 days carries an APR of roughly 391%, a $300 advance roughly 304%, and a $500 advance roughly 287%.
Loan Amount	Lender’s Fee	Total of Payments	APR (a 14-day term)	APR (a 31-day term)
$100	$10	$110	260.71%	117.74%
$300	$30	$330	260.71%	117.74%
$500	$50	$550	260.71%	117.74%

In-store rates

We’re Here in Florida

Prefer to talk to someone in person? The 1F Cash Advance team is here to help you with your unique situation. Visit our store in Miami and let us guide you through the process.

136 NE 1st St, Miami, FL 33131

(786) 321-4288

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Not in Florida? Find a location near you in other states.

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Why Choose 1F Cash Advance

1F Cash Advance is proud to serve people across Florida and help them find quick financial support when banks say no. Our lenders give you a decision in minutes, so you can get the money you need on the same day. Here’s why Floridians trust us:

Easy-to-Get Loans

You can apply in minutes with no hard credit check required to submit your request. Final approval may involve a hard check from the lender. Our lenders consider borrowers with any credit and don't require collateral.

Quick Deposits

Our emergency loans in Florida allow you to get the funds on the same day after approval to manage unexpected expenses right when they arise.

Safe Process

We put your privacy first and use bank-level encryption to ensure your sensitive information stays protected 24/7.

Florida’s Payday Loan Market

Florida is one of the largest payday lending markets in the country, and state regulators track it closely through the Deferred Presentment Transaction System.

In 2022, Florida borrowers took out roughly 3.58 million payday loans, generating an estimated $252 million in lender fees, a 17% jump in fee volume from the year before. Along with California and Texas, Florida accounted for the majority of the loan volume reported across all states that allow payday lending.

Repeat borrowing is common. State data show the average Florida payday borrower takes out about 5.2 loans a year, and borrowers with 10 or more loans make up 16% of all borrowers but 42% of all transactions. A large share of payday loans is rolled over or renewed within 14 days of the original loan.¹

FAQ

How fast will I receive my loan?

Once you accept the terms by signing the loan agreement, the funds will be transferred to you no later than the next business day. If you finalize your loan by 10:30 am on a weekday, you may be eligible for same-day funding.

I need more than $500. What are my options?

If you're looking for a higher loan amount, our lenders offer installment loans that allow you to borrow up to $5,000 and repay in a series of equal monthly installments over 2–24 months.

Can I qualify for a loan with bad or no credit?

The lenders we partner with consider borrowers with all credit backgrounds and assess factors beyond just your FICO score. Still, short-term loans are subject to approval based on your financial and application information. Submit your application today for a full review and get your approval decision within minutes. It will not affect your credit. Some lenders may perform a hard credit check if you decide to proceed with a loan offer. If so, you will be informed.

Will the application affect my credit score?

In most cases, payday loans in Florida require no hard credit check via the major credit bureaus. Our lenders usually evaluate your financial profile using alternative methods, meaning that the application will not affect your credit score. However, if a lender performs a hard inquiry prior to final approval, it may lower your credit score (usually by less than 5 points).

Sources

1 Center for Responsible Lending — Down the Drain: Payday Lenders Take $2.4 Billion in Fees from Borrowers in One Year. Updated January 2025.

Written by Latoria Williams CEO

Latoria Williams, CEO of 1F Cash Advance, draws on her 20+ years in consumer lending and fintech to help borrowers navigate loans safely and understand their financial options.

Master's in Business, California State UniversityCPCEO CertifiedMember of the Sistahbiz community