Holmes Beach at a glance
- Population: 3,027, the 262nd-largest community in Florida out of 411 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 3,010 residents here (US Census Bureau).
- 2020 to 2023 change: about 0.6% growth over the 2020 Census base (US Census Bureau).
- Rank among Florida places: 262nd of the state's 411 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 36% of Florida's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 27.5106, -82.7155.
- Nearest larger cities (120-mile radius): Bradenton, FL (9 mi); Palmetto, FL (9 mi); Longboat Key, FL (9 mi); St. Pete Beach, FL (14 mi); Sarasota, FL (16 mi) (US Census Bureau).
- Nearest smaller communities: Anna Maria, FL (2 mi); Bradenton Beach, FL (4 mi); Redington Beach, FL (21 mi) (Census populations).
What a personal loan costs in Holmes Beach
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
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 Holmes Beach
The table lists the Florida rules that apply to a loan made in Holmes Beach, each with the regulator that published it.
| 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 Holmes Beach
Before you commit to a personal loan in Holmes Beach, 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.