1. Home
  2. Payday Loans

Best Payday Lenders in Tallahassee, FL

Nov. 19, 2019, 10:57 p.m.

In a financial emergency, payday loans can be a lifesaver, but you need to understand the terms, conditions and APRs before proceeding. Our partners at ConsumerAffairs researched the best payday loans in Tallahassee to help you make an informed decision.

Everyone deserves to make thoughtful, informed purchase decisions. The local guides provided on this website are free for consumers. ABC 27 may receive compensation from our partners. Learn more.

Powered by
×
#1
RECOMMENDED
CashNetUSA

Apply online!

QUALIFY NOW
Sponsored Ad
#1 Most popular
CashNetUSA
CashNetUSA
Features
  • Receive an immediate decision
  • Loans up to $500
  • Apply online 24/7
  • Available in Tallahassee
Read More
QUALIFY NOW Sponsored  Ad
#2
Check Into Cash
Check Into Cash
Features
  • Online payday loans
  • 5-minute online application
  • Get approved today
  • Quick, easy & confidential
Read More
Location
1825 S. Adams St.
Tallahassee, FL 32301
(850) 222-0911
Get matched today
Advance America
Advance America
Features
  • M-Sat: 9am - 7pm
  • Closed Sun
  • advanceamerica.net
Location
3539 Apalachee Pkwy., Ste. 4
Tallahassee, FL 32311
(850) 309-0039
Get matched today
Fast Payday Loans, Inc.
Fast Payday Loans, Inc.
Features
  • M-Sat: 9am - 6pm
  • Closed Sun
  • fastpaydayloansfloridainc.com
Location
2002 S. Monroe St.
Tallahassee, FL 32301
(850) 878-9900
Get matched today
ACE Cash Express
ACE Cash Express
Features
  • M-Th: 9am - 7pm
  • F: 8am - 8pm
  • Sat: 9am - 7pm
  • Closed Sun
  • acecashexpress.com
Location
2011 N. Monroe St.
Tallahassee, FL 32303
(850) 386-6920
Get matched today
Check Man
Check Man
Features
  • M-Sat: 9am - 10pm
  • Closed Sun
  • checkmanfl.com
Location
240 Capital Cir. SE, Ste. 2
Tallahassee, FL 32305
(850) 309-0180
Get matched today
Landmark Cash
Landmark Cash
Features
  • Hours unavailable
  • landmarkcash.com
Location
Serves residents in
Tallahassee, FL
(213) 550-5401
Get matched today
National Cash Credit
National Cash Credit
Features
  • M-F: 9:30am - 5:30pm
  • Closed Sat and Sun
  • local.nationalcashcredit.com
Location
Serves residents in
Tallahassee, FL
(855) 774-2274
Get matched today

How to get a payday loan in Tallahassee

Tallahassee skyline

Payday loans are small loans for those who need to cover emergency expenses in between pay periods. If other types of personal loans aren’t an option, a payday loan can help cover bills in the meantime.

Payday loans are legal in Florida, but the maximum you can borrow is $500 and only one loan may be taken out at a time. The loan repayment term can span 7 to 31 days, and the maximum finance rate and fees are not allowed to exceed 10 percent of the check. An additional verification fee cannot exceed $5. No rollovers are permitted in Florida. Grace periods can extend loan terms by 60 days for no additional charge; however, credit counseling is required for this service.

When evaluating payday loans in Tallahassee, be mindful of the following:

  • Interest rate: Understand exactly what you will be paying in interest before you commit to a payday loan and consider lower interest loan alternatives first.
  • Payment due date: Late fees add up quickly and may increase your interest rate, so make sure you are aware when payment is due and the consequences for a late or missed payment.
  • Amount loaned: Since Florida residents are restricted to a $500 maximum, you may have to take out other loan types.

You can get a payday loan with good or bad credit, but you need to provide personal information when you apply. This includes a government-issued ID, most recent proof of employment and pay, plus a blank check.

Because payday loans are financial, they are related to civil matters, which means not paying back your loan will not result in criminal prosecution; however, you may be sued by the lender. In Florida, the statute of limitations is five years for unpaid debts, which means lenders may only attempt to sue you during this time. Where you really may be punished is on your credit score and future lending abilities. Should a lender violate Florida statutes regarding payday loans, you can complain to the Florida Office of Financial Regulation, located on Gaines Street.

Alternatives to payday loans in Tallahassee

Personal finance experts advise people to save up an emergency fund of about six months worth of expenses to prevent the need for using credit cards or payday loans to cover emergencies. You can also ask family and friends for money before looking to a loan since many borrowers get tripped up on loan repayment terms.

The advantage of a payday loan is that you don’t need to rely on family and friends and the funds are easily accessible. You can get money immediately or within a few days, preventing utilities from being turned off or allowing you to get a car back sooner. Quick disbursement of funds is one of the main benefits of using payday loans.

CashNetUSA

CashNetUSA VISIT WEBSITE

CashNetUSA is an online lender that offers quick and efficient payday loans of up to $500. Other services CashNetUSA provides include savings programs and financial education. Tallahassee residents appreciate the fair interest rates and efficient service.

Sponsored Ad

Check Into Cash

Check Into Cash

Check Into Cash offers title loans and payday loans. Payday loans can range from $50 to $1,000; however, Florida residents can only take out up to $500. Reviews from Tallahassee say they appreciate the flexibility of getting loans in-store or online.

Sponsored Ad

Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.

Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgment or subject matter expert’s judgment. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.