Delray Beach at a glance
- Population: about 67,536 residents, ranking 43rd of 411 Census places in Florida (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 66,844 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: up about 1.0% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Florida places: 43rd by size among 411 communities (US Census Bureau).
- Size percentile: about 90% of Florida's Census places are smaller (US Census Bureau).
- Coordinates: 26.4559, -80.0904 (US Census Bureau Gazetteer).
- Nearest larger cities: Boynton Beach, FL (5 mi); Boca Raton, FL (6 mi); Deerfield Beach, FL (10 mi); Pompano Beach, FL (15 mi); Coral Springs, FL (17 mi); US Census Bureau population estimates.
- Nearest smaller places: Gulf Stream, FL (3 mi); Golf, FL (3 mi); Highland Beach, FL (3 mi) (US Census Bureau estimates).
What a personal loan costs in Delray Beach
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Florida lending rules that apply in Delray Beach
The sourced rows below are the rules a licensed lender must follow when lending in Florida, and therefore in Delray 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 Delray Beach
Before you share your details with a lender in Delray 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.