Westville at a glance
- Population: a Census-estimated 270, placing it 393rd among Florida's 411 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 262 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up roughly 3.1% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Florida places: 393rd-largest of 411 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 4% of places in Florida are smaller (US Census Bureau).
- Coordinates: 30.7711, -85.8381 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Caryville, FL (2 mi); Ponce de Leon, FL (7 mi); Bonifay, FL (9 mi); Vernon, FL (14 mi); DeFuniak Springs, FL (17 mi) (US Census Bureau populations).
- Nearest smaller towns: Black, AL (17 mi); Noma, FL (19 mi); Ebro, FL (23 mi) (US Census Bureau).
What a personal loan costs in Westville
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Westville
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 Westville
Here is a short checklist for comparing personal loans in Westville:
- 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.