Daytona Beach at a glance
- Population: 82,485 people, the 32nd-largest place among Florida's 411 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 71,586 (US Census Bureau).
- 2020 to 2023 change: population rose about 15.2% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Florida places: 32nd of the state's 411 Census places (US Census Bureau).
- Size percentile: ahead of around 92% of Florida places in population terms (US Census Bureau).
- Coordinates: 29.1907, -81.0971 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Deltona, FL (21 mi); Palm Coast, FL (25 mi); Orlando, FL (55 mi); Melbourne, FL (79 mi); Gainesville, FL (82 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Holly Hill, FL (5 mi); South Daytona, FL (6 mi); Ormond Beach, FL (7 mi) (US Census Bureau).
What a personal loan costs in Daytona Beach
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Florida lending rules that apply in Daytona Beach
The table carries the Florida rate and licensing rules that apply to consumer loans made in Daytona Beach.
| Rule | Detail | Source |
|---|---|---|
| Deferred presentment fee cap | 10% of the amount provided (transactions not repayable in installments) Source says: "A deferred presentment provider or its affiliate may not charge fees that exceed 10 percent of the currency or payment instrument provided". | Florida Legislature (The Florida Senate, Online Sunshine) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 18% per annum simple interest (loans/advances of $500,000 or less; loans above $500,000 are exempt from this cap) Source says: "it shall be usury and unlawful ... to ... charge ... a rate of interest greater than the equivalent of 18 percent per annum simple interest". | Florida Legislature (The Florida Senate, Online Sunshine) as of 2026-09-16 |
| Payday lending status | Permitted under license (deferred presentment providers; money services business license under chapter 560) Source says: "Businesses intending to engage in deferred presentment transactions must be licensed as a money services business under chapter 560, Florida Statutes". | Florida Office of Financial Regulation as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer finance loan license required (chapter 516) Source says: "A person must not engage in the business of making consumer finance loans ... unless ... the person first obtains a license from the office". | Florida Legislature (The Florida Senate, Online Sunshine) as of 2026-09-16 |
| State lending regulator | Florida Office of Financial Regulation (OFR) Source says: "The Office of Financial Regulation is a state-government agency created by the Governor and Cabinet to provide regulatory oversight for Florida's financial services industry". | Florida Office of Financial Regulation as of 2026-09-16 |
How to compare offers in Daytona Beach
Here is a short checklist for comparing personal loans in Daytona Beach:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Florida using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.