Edgewood at a glance
- Population: 2,737 residents, the 271st-largest of 411 places in Florida (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 2,679 (US Census Bureau).
- 2020 to 2023 change: up roughly 2.2% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Florida places: 271st-largest of 411 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 34% of places in Florida rank below it by population (US Census Bureau).
- Coordinates: 28.4815, -81.3701 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (within 120 miles): Belle Isle, FL (2 mi); Winter Park, FL (8 mi); Orlando, FL (9 mi); Windermere, FL (10 mi); Maitland, FL (10 mi) (US Census Bureau populations).
- Smaller places close by: Eatonville, FL (9 mi); Lake Buena Vista, FL (12 mi); Bay Lake, FL (14 mi) (US Census Bureau).
What a personal loan costs in Edgewood
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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 Edgewood
Each row below is a Florida rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Edgewood
Before you commit to a personal loan in Edgewood, work through these steps:
- 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.