Lauderdale Lakes at a glance
- Population: 36,035 (US Census Bureau, Vintage 2023 subcounty estimate), the 85th-largest of 411 places in Florida.
- 2020 Census base: 35,959 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 0.2% growth over the 2020 Census base (US Census Bureau).
- Rank among Florida places: 85th of 411 by population (US Census Bureau, Vintage 2023).
- Size percentile: larger than about 79% of the Census places in Florida (US Census Bureau).
- Coordinates: 26.1669 latitude, -80.2008 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Lauderhill, FL (1 mi); Oakland Park, FL (3 mi); North Lauderdale, FL (3 mi); Sunrise, FL (4 mi); Fort Lauderdale, FL (4 mi), each a US Census place with its estimated population.
- Nearest smaller places: Lazy Lake, FL (4 mi); Wilton Manors, FL (4 mi); Lauderdale-by-the-Sea, FL (7 mi) (US Census Bureau estimates).
What a personal loan costs in Lauderdale Lakes
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Florida lending rules that apply in Lauderdale Lakes
The sourced rows below are the rules a licensed lender must follow when lending in Florida, and therefore in Lauderdale Lakes.
| 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 Lauderdale Lakes
Before you share your details with a lender in Lauderdale Lakes:
- 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.