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Personal loans in Medley, FL

In Medley, a personal loan gives you a lump sum repaid over a set term, with the lender setting your APR from your credit, income and debts. At about 1,036 residents, Medley is the 330th-largest of the 411 Census places in Florida. The sourced table below shows the Florida rate caps and licensing requirements that reach every loan made here.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Medley at a glance

  • Population: 1,036 people, the 330th-largest place among Florida's 411 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: 1,055 residents in the 2020 Census, per the US Census Bureau.
  • 2020 to 2023 change: down about 1.8% from the 2020 Census base to the 2023 estimate (US Census Bureau).
  • Rank among Florida places: 330th in population of 411 places (US Census Bureau).
  • Size percentile: it is larger than about 20% of the places in Florida (US Census Bureau).
  • Coordinates: it sits at 25.8649, -80.3576 in the US Census Bureau Gazetteer.
  • Nearest larger cities: Hialeah Gardens, FL (2 mi); Doral, FL (3 mi); Hialeah, FL (3 mi); Miami Lakes, FL (4 mi); Miami Springs, FL (5 mi); US Census Bureau population estimates.
  • Nearest smaller communities: Indian Creek, FL (14 mi); Golden Beach, FL (16 mi); Lazy Lake, FL (24 mi), each a US Census place.

What a personal loan costs in Medley

Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.

Compare every quote on APR because it includes the fees the interest rate hides, and check the payment 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.

Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.

Florida lending rules that apply in Medley

Read the table as the compliance picture for a lender serving Medley: label, sourced figure, publisher and date.

RuleDetailSource
State lending regulatorFlorida 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 cap10% 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 statusPermitted 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 licensingConsumer 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 Medley

The steps below are worth completing first when you borrow in Medley:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Florida using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Medley?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Medley are the same as elsewhere in Florida.
How much can I borrow with a personal loan in Medley?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Medley require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Medley hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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