Doral at a glance
- Population: roughly 79,359 people; 38th of 411 places in Florida (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 75,870 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 4.6% since the 2020 count (US Census Bureau).
- Rank among Florida places: 38th of the state's 411 Census places (US Census Bureau).
- Size percentile: it is larger than about 91% of the places in Florida (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 25.8160, -80.3576.
- Nearest larger cities: Hialeah, FL (5 mi); Miami, FL (10 mi); Miramar, FL (11 mi); Miami Gardens, FL (12 mi); Miami Beach, FL (13 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Sweetwater, FL (3 mi); Medley, FL (3 mi); Virginia Gardens, FL (4 mi), each a US Census place.
What a personal loan costs in Doral
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
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.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Florida lending rules that apply in Doral
The Florida rate caps and licensing rules that reach Doral are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Doral
A few practical steps will make the process in Doral less costly:
- 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.