Wausau at a glance
- Population: 386 (US Census Bureau, Vintage 2023 subcounty estimate), the 383rd-largest of 411 places in Florida.
- 2020 Census base: 374 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a gain of roughly 3.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Florida places: 383rd out of 411 Census places (US Census Bureau).
- Size percentile: about 7% of Florida's Census places are smaller (US Census Bureau).
- Coordinates: 30.6334 latitude, -85.5873 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Vernon, FL (7 mi); Chipley, FL (10 mi); Bonifay, FL (12 mi); Alford, FL (12 mi); Cottondale, FL (17 mi); each population is a US Census Bureau estimate.
- Smaller places nearby: Caryville, FL (17 mi); Westville, FL (18 mi); Jacob City, FL (20 mi), per US Census Bureau estimates.
What a personal loan costs in Wausau
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 term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
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 Wausau
Each row below is a Florida rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Wausau
A few practical steps will make the process in Wausau less costly:
- 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.