Palm Beach Shores at a glance
- Population: roughly 1,327 people; 322nd of 411 places in Florida (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,336 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 0.7% below the 2020 Census base (US Census Bureau).
- Rank among Florida places: the 322nd-largest of 411 (US Census Bureau, 2023 estimate).
- Size percentile: about 22% of places in Florida are smaller (US Census Bureau).
- Coordinates: 26.7774, -80.0344 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Lake Park, FL (3 mi); Riviera Beach, FL (3 mi); Mangonia Park, FL (3 mi); North Palm Beach, FL (3 mi); Palm Beach, FL (6 mi); each population is a US Census Bureau estimate.
- Smaller places close by: Cloud Lake, FL (7 mi); Glen Ridge, FL (8 mi); Jupiter Inlet Colony, FL (12 mi) (US Census Bureau).
What a personal loan costs in Palm Beach Shores
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
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 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.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Florida lending rules that apply in Palm Beach Shores
Read the table as the compliance picture for a lender serving Palm Beach Shores: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Palm Beach Shores
The order below is a sensible way to approach a loan in Palm 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.