Daytona Beach Shores at a glance
- Population: roughly 5,194 people; 225th of 411 places in Florida (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 5,120 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: population rose about 1.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Florida places: 225th by size among 411 communities (US Census Bureau).
- Size percentile: larger than about 45% of the Census places in Florida (US Census Bureau).
- Coordinates: latitude 29.1713, longitude -80.9807 (US Census Bureau Gazetteer).
- Nearest larger cities: South Daytona, FL (2 mi); Port Orange, FL (4 mi); Holly Hill, FL (7 mi); Daytona Beach, FL (7 mi); New Smyrna Beach, FL (10 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Ponce Inlet, FL (6 mi); Lake Helen, FL (20 mi); Oak Hill, FL (22 mi) (Census populations).
What a personal loan costs in Daytona Beach Shores
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Florida lending rules that apply in Daytona Beach Shores
The table carries the Florida rate and licensing rules that apply to consumer loans made in Daytona Beach Shores.
| 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 Daytona Beach Shores
Run through this list before signing anything in Daytona Beach Shores:
- 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.