South Daytona at a glance
- Population: about 13,781, 148th by size in Florida of 411 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 12,852 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: roughly 7.2% higher than at the 2020 Census (US Census Bureau).
- Rank among Florida places: 148th of the state's 411 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 64% of Florida's Census places by population (US Census Bureau).
- Coordinates: mapped at 29.1662, -81.0055 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Port Orange, FL (4 mi); Daytona Beach, FL (6 mi); New Smyrna Beach, FL (10 mi); Ormond Beach, FL (11 mi); Edgewater, FL (15 mi) (US Census Bureau populations).
- Smaller places close by: Daytona Beach Shores, FL (2 mi); Holly Hill, FL (6 mi); Ponce Inlet, FL (7 mi) (US Census Bureau).
What a personal loan costs in South Daytona
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Florida lending rules that apply in South Daytona
Each row below is a Florida rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in South Daytona
Run through this list before signing anything in South Daytona:
- 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.