Layton at a glance
- Population: 202 — 400th in Florida, which has 411 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 211 (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 4.3% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Florida places: 400th-largest of 411 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 3% of Florida places in population terms (US Census Bureau).
- Coordinates: 24.8251 / -80.8116, per the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Marathon, FL (15 mi); Key Colony Beach, FL (15 mi); Islamorada, Village of Islands, FL (20 mi); Florida City, FL (48 mi); Homestead, FL (50 mi) (US Census Bureau).
- Nearest smaller communities: Indian Creek, FL (84 mi); Lazy Lake, FL (101 mi), each a US Census place.
What a personal loan costs in Layton
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less 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 Layton
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Layton
The order below is a sensible way to approach a loan in Layton:
- 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.