Everglades at a glance
- Population: 384, the 384th-largest community in Florida out of 411 (US Census Bureau, Vintage 2023).
- 2020 Census base: 355 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: an increase of about 8.2% since the 2020 count (US Census Bureau).
- Rank among Florida places: 384th of 411 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 7% of Florida's places have fewer residents (US Census Bureau).
- Coordinates: 25.8578 latitude, -81.3865 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Marco Island, FL (20 mi); Naples, FL (32 mi); Bonita Springs, FL (42 mi); Estero, FL (47 mi); Fort Myers Beach, FL (51 mi) (US Census Bureau).
- Smaller places close by: Indian Creek, FL (78 mi); Lazy Lake, FL (80 mi); Layton, FL (80 mi) (US Census Bureau).
What a personal loan costs in Everglades
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
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 Everglades
The table carries the Florida rate and licensing rules that apply to consumer loans made in Everglades.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Everglades
The order below is a sensible way to approach a loan in Everglades:
- 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.