Edgewater at a glance
- Population: the Census estimates 23,636 residents, ranking 106th of 411 places in Florida (Vintage 2023).
- 2020 Census base: the 2020 Census recorded 23,111 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 2.3% since the 2020 count (US Census Bureau).
- Rank among Florida places: 106th of the state's 411 Census places (US Census Bureau).
- Size percentile: roughly 74% of Florida's places have fewer residents (US Census Bureau).
- Coordinates: 28.9544, -80.9409 (US Census Bureau Gazetteer).
- Nearest larger cities: New Smyrna Beach, FL (5 mi); Port Orange, FL (12 mi); Deltona, FL (17 mi); Daytona Beach, FL (19 mi); DeLand, FL (21 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Oak Hill, FL (8 mi); Ponce Inlet, FL (10 mi); South Daytona, FL (15 mi) (US Census Bureau).
What a personal loan costs in Edgewater
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
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.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Florida lending rules that apply in Edgewater
Each row below is a Florida rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Edgewater
Before you commit to a personal loan in Edgewater, work through these steps:
- 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.