Clermont at a glance
- Population: 48,621 — 63rd in Florida, which has 411 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 43,028 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: an increase of about 13.0% since the 2020 count (US Census Bureau).
- Rank among Florida places: 63rd-largest of 411 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 85% of Florida's places have fewer residents (US Census Bureau).
- Coordinates: 28.5240, -81.7230 (Census Gazetteer, US Census Bureau).
- Nearest larger cities within 120 miles: Ocoee, FL (12 mi); Apopka, FL (17 mi); Kissimmee, FL (24 mi); Orlando, FL (30 mi); Sanford, FL (33 mi) (US Census Bureau).
- Nearest smaller communities: Minneola, FL (5 mi); Oakland, FL (6 mi); Montverde, FL (6 mi) (Census populations).
What a personal loan costs in Clermont
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Florida lending rules that apply in Clermont
The sourced rows below are the rules a licensed lender must follow when lending in Florida, and therefore in Clermont.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Clermont
Before you share your details with a lender in Clermont:
- 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.